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Britain will want new sources of the commodity after it bans Russian imports
The UK authorities is weighing the feasibility of opening a brand new coal mine to scale back dependence on Russian power, in line with a report by the Day by day Telegraph on Saturday, citing sources within the Conservative Occasion.
In line with the sources of the publication, Michael Gove, the UK’s housing and regional growth minister, is inclined to approve the development of a brand new coal mine within the metropolis of Whitehaven, Cumbria within the northwest of England. The challenge was initially introduced a number of years again and greenlighted in October 2020, however six months later, the UK Cupboard of Ministers stalled certification and launched a brand new assessment of the challenge amid protests by environmentalists.
Nonetheless, in opposition to the backdrop of the state of affairs in Ukraine and the sweeping restrictions positioned on Moscow, which embrace scrapping Russian coal imports by the top of the 12 months, the UK authorities may find yourself approving the challenge regardless of earlier objections, The Telegraph writes. Gove is predicted to succeed in a call on the brand new mine by July 7, however sources say this might occur as early as mid-Might. In line with the Cupboard, the mine will present coal for key metal mills.
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If authorised, the Whitehaven challenge would be the first new coal mine in Britain in three a long time. The challenge will deal with extracting metallurgical coal (met coal), which is used within the manufacturing of metal. Till just lately, 40% of the UK’s met coal wants had been coated by Russia.
Nonetheless, contracts had been scrapped amid the sanctions that adopted the launch of Russia’s navy operation in neighboring Ukraine. On April 6, UK International Secretary Liz Truss introduced that by the top of 2022, London will cease all coal and oil imports from Russia and take measures to cease Russian gasoline deliveries as properly.
The EU, which can be pressuring Moscow with financial restrictions amid the Ukraine disaster, has already determined to desert Russian coal. Earlier this month, Brussels stated it might ban the acquisition, import, or transit of coal and different stable minerals from Russia beginning on August 10.
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