Allegheny, Alliance rewrite coal deal
Greensburg, Pennsylvania-based Allegheny, which has operations in Virginia and West Virginia, says the changes give it a more secure supply of coal while Tulsa, Okla.-based mine operator Alliance Resource Partners gains flexibility.
Under the new terms, Alliance will supply 20 million tons of coal between 2010 and 2020 from several sources, including Illinois.
Alliance will keep leasing reserves in Washington County, Penn., from Allegheny as it seeks mining permits. Allegheny would receive royalty payments when production begins.
The original agreement, signed in 2005, allowed Alliance to seek the permits and Allegheny to buy up to 2 million tons annually once the mine opened.
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The Minister of Dams and Electricity, Dhieu Mathok, said that the factory, rented by Power China, will produce some 13,350 poles for the electricity distribution in the capital and other states.
"The main objective of this project is to increase the supply capacity and reliability of the power distribution system in Juba. Access to the grid will replace the use of generators by the population, allow…