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Stanari Coal Mine is an operating coal mine in Stanari, Republika Srpska, Bosnia and Herzegovina.
Location
Table 1: Project-level location details
| Mine Name | Location | Coordinates (WGS 84) |
|---|---|---|
| Stanari Coal Mine | Stanari, Republika Srpska, Bosnia and Herzegovina | 44.758584192922, 17.8035163612368 (exact) |
The map below shows the exact location of the coal mine:
Project Details
Table 2: Project status
| Status | Status Detail | Opening Year | Closing Year |
|---|---|---|---|
| Operating | – | – | – |
Table 3: Operation details
| Capacity (Mtpa) | Production (Mtpa) | Year of Production | Mine Type | Mining Method | Mine Size (km2) | Mine Depth (m) | Workforce Size |
|---|---|---|---|---|---|---|---|
| – | 3.6[1] | 2022[1] | Surface | Open Pit | – | 50* | 972* |
Table 4: Coal resources and destination
| Total Reserves (Mt) | Year of Total Reserves Recorded | Total Resources (Mt) | Coalfield | Coal Type | Coal Grade | Primary Consumer/ Destination |
|---|---|---|---|---|---|---|
| 73[2] | – | 126[2] | – | Lignite | Thermal | Stanari Thermal Power Plant |
Table 5: Ownership and parent company
| Owner | Parent Company | Headquarters |
|---|---|---|
| EFT Rudnik i Termoelektrana Stanari doo | EFT Group | Bosnia and Herzegovina |
Note: The above section was automatically generated and is based on data from the GEM April 2024 Global Coal Mine Tracker dataset.
Background
The Stanari coal mine is a SURFACE coal mine located approximately 70 kilometres to the east of Banja Luka in Republika Srpska, Bosnia and Herzegovina. The mine is owned and operated by EFT Rudnik i Termoelektrana Stanari d.o.o., a subsidiary of the EFT Group.
EFT stated in their 2011-2012 annual report:[3]
"Excavation at the mine started in 1948 and the destiny of the surrounding area has been closely linked to that of the mine ever since. The Stanari mine achieved coal production of 600,000 tonnes in 1989. During the 1990s, production figures and overall conditions at the mine deteriorated sharply, due to lack of investment and hostilities in Bosnia and Herzegovina. In 2004, the Government of Republika Srpska commissioned an international public tender to find a strategic partner for rehabilitation and development of the Stanari mine. EFT Holdings submitted the strongest bid and became the majority shareholder of the Stanari Mine Company with 72% of shares. The company was awarded a 30 year concession for exploitation of the mine, which is extendable by an additional 15 years. In November 2006, as the successful bidder in the public international tender, EFT (Holdings) ApS bought the remaining 28% of shares and became the 100% owner of the Stanari mine. Since taking over the mine in May 2005, the EFT Group has invested over EUR 45 million in its rehabilitation and modernization. The number of employees has risen from 250 (2005) to 460 (2011)."[3]
EFT does not publish their annual reports anymore.
The coal mine supplies the Stanari Thermal Power Plant, also owned by EFT Group. The 300MW power plant was commissioned in 2016. However the Group states on its website that it expects to divest of its fossil fuel assets by 2023.[4] As of November 2023, there were no news on the divestment of the Stanari assets by EFT Group.
Production at the mine increased significantly with the commissioning of the power plant, from about 1.2 million tonnes in 2015 to 2.4 million tonnes in 2016 and 2.9 million tonnes in 2021 and 3.6 million in 2022.[5] It was also reported in December 2022 that Elektroprivreda BiH signed a contract to purchase 350,000 tonnes of lignite coal for the needs of Tuzla Thermal Power Plant.[6]
- Owner: EFT Rudnik i Termoelektrana Stanari d.o.o.[7]
- Parent: Stanari Investments Ltd[8]
- Location: Stanari, Republika Srpska, Bosnia and Herzegovina
- Coordinates: 44.75858419, 17.80351636 (exact)
- Status: Operating
- Production capacity: 2.9Mt (2021)[5], 3.6 Mt (2022)[5]
- Total Reserves: 126 million tonnes[9]
- Mineable Reserves: 73 million tonnes[9]
- Coal Type: LIGNITE (Thermal)
- Mine Type: SURFACE
- Start Year: 1948
- Source of Financing: EFT Group[3]
Expansion
As of August 2023, the company planned to open a new surface mine at the Ostružnja location. The area is located in the immediate vicinity of the railway and the main road Doboj - Prnjavor, and covers an area of about 893.71 ha.[10][11] The feasibility study was carried out by C&E Consulting and Engineering, with a plan to mine 3.2 million tonnes of lignite. In the valid Regulatory Plan from 2021, in the segment related to the northern part of the area, after the completion of coal exploitation at the Raškovac open pits, Kop 1, Kop 2 and Kop 3, the continuation of mining was planned with the opening of the new Ostružnje surface mine, as well as the construction of a transport system for transporting overburden, which will connect the new Ostružnje mine with the northern part of the coal basin. With the completion of coal mining in the northern part, coal mining will be completely transferred to the southern part of the basin where the Ostružnja surface mine will be opened.[10][11]
Investigative works carried out in 2019 and 2020 (drilled 114 wells, total length of drilling 7249 m) confirmed increased coal reserves in this area. In 2020, 23 wells with a total length of 1,409 m were drilled in exploratory works.[10][11]
The company submitted to the Ministry of Spatial Planning, Construction and Ecology of the Republic of Srpska a draft of the Environmental Impact Study for the project at the Ostružnja deposit and expects to receive environmental approval permits.[10][11]
Ownership Change
As of 2023, EFT Group stated on its website that it expects to divest of its fossil fuel assets by 2023.[12]
As of January 2024, EFT Group's website did not list Stanari power plant and coal mine anymore.[12]
EFT Rudnik i Termoelektrana Stanari d.o.o. is owned by Stanari Investments Ltd, renamed from EFT International Investments Holdings Ltd in August 2023. Its immediate parent used to be EFT Investments Limited (UK), which in turn was owned by the ultimate parent company EFT Holdings AG.[13] UK regulatory and financial filings from August 2023 revealed that the ownership of Stanari Investments Ltd has changed and as of August 2023 it is held by two physical persons Milos Hamovic and Zoran Ivkovic.[8] Therefore it appears that the asset has been taken out of the official EFT Group's perimeter and is now held by physical persons associated with the group. EFT Group was previously said to be ultimately owned by the Serbian electricity trader Vuk Hamović.[14]
Articles and Resources
Additional data
To access additional data, including an interactive map of world coal mines, a downloadable dataset, and summary data, please visit the Global Coal Mine Tracker on the Global Energy Monitor website.
References
- ↑ 1.0 1.1 http://www.eft-stanari.net/index.php/about-us/rezultati.
{{cite web}}: Missing or empty|title=(help) - ↑ 2.0 2.1 https://web.archive.org/web/20240121005752/https://ers.ba/termoenergetski-potencijal/. Archived from the original on 21 January 2024.
{{cite web}}: Missing or empty|title=(help) - ↑ 3.0 3.1 3.2 EFT Group, "EFT Annual Review 2011-2012", EFT Group, May 2012, page 48.
- ↑ "Investments". www.eft-group.net. unknown.
{{cite web}}: Check date values in:|date=(help)CS1 maint: url-status (link) - ↑ 5.0 5.1 5.2 "Rezultati (Operating results)". http://www.eft-stanari.net/. Retrieved January 2023.
{{cite web}}: Check date values in:|access-date=(help); External link in|website= - ↑ "IN JUST ONE YEAR: Elektroprivreda bought coal worth 170 million marks from private mines". zurnal.info/. December 2022.
{{cite web}}: CS1 maint: url-status (link) - ↑ "The EFT Group". http://www.eft-stanari.net/. Retrieved January 2023.
{{cite web}}: Check date values in:|access-date=(help); External link in|website= - ↑ 8.0 8.1 "STANARI INVESTMENTS LIMITED (UK filings)". company-information.service.gov.uk. August 2023.
{{cite web}}: CS1 maint: url-status (link) - ↑ 9.0 9.1 "Термоенергетски потенцијал". https://ers.ba/. Retrieved January 2023.
{{cite web}}: Check date values in:|access-date=(help); External link in|website= - ↑ 10.0 10.1 10.2 10.3 "EFT otvara u Stanarima novi površinski kop". /indikator.ba/. August 2023.
{{cite web}}: CS1 maint: url-status (link) - ↑ 11.0 11.1 11.2 11.3 "EFT otvara u Stanarima novi površinski kop uglja". www.ekapija.com. August 2023.
{{cite web}}: CS1 maint: url-status (link) - ↑ 12.0 12.1 "TPP Stanari & Stanari Mine". www.eft-group.net. unknown.
{{cite web}}: Check date values in:|date=(help)CS1 maint: url-status (link) - ↑ "2022/2023 Accounts - Stanari Investments Ltd". 2023.
{{cite web}}: CS1 maint: url-status (link) - ↑ "The energy future according to the vision of Milorad Dodik: Vuk Hamović, the Chinese and private investors". interview.ba. April 2023.
{{cite web}}: CS1 maint: url-status (link)
