Bens Creek Group PLC (AIM:BEN, OTC:BENCF) said it has started underground mining to produce high-volume A (HVA) coal.
Adam Wilson, Managing Director, said, “This product enhances our offering to Integrity Coal, our removal partner.
“Adding HVA to our product line will add even more value to our business.”
HVA is one of four grades of coking coal that are widely used to make steel.
Bens Creek already supplies an equivalent HVB coal product to Integrity from its existing operations, but HVA is of higher quality and will receive a premium price.
The price of HVA coal on May 24, 2022 was $468 per metric ton, the American Bens Creek added in a statement.
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