Key Highlights
  • Will  service  local  miners
  • Located  within  1  hour  drive  of  property
  • Capacity  of  240,000  tons  per  month
  • Bulk  shipments  allow  for  a  sale  price  of  up  to  $160/ton
  • $95/ton  acquisition  cost  of  coal
  • Revenue  of  $14.64  mil  per  mo.  with  EBT  of  $3.6  mil  at   100%  capacity
  • Revenue  of  $7.32  mil  per  mo.  with  EBT  of  $1.8  mil  at  50%   capacity
  • Fully  permitted  with  plant  design  and  construction  crew  in   place
  • Estimated  ,me  to  completion  9  month
  • Total  cost  of  $22.95  million
  • Payback  expected  in  less  than  13  months  from  breaking   ground  and  opera,ng  at  50%  capacity
  • Payback  in  less  than  2.5  years  from  breaking  ground  and   operating  at  only  25%  capacity
Overview

Triple 7 has executed a joint venture option agreement to obtain a 50% interest in a proposed triple-crushing wash plant facility, also known as a coal handling/preparation plant, prep plant, or tipple plant. This agreement effectively gives the Company its own internal wash plant and train load-out facility, which allows the Company to access the best coal prices both domestically and internationally. The wash plant would also service local miners by acquiring their coal, washing it and selling it alongside the Company’s production. The wash plant has the capacity to wash up to 240,000 tons per month, an estimated $1.8 million in net profits to the Company.

Operations

The wash plant is a facility that washes coal off soil and rock, crushes it into graded sized chunks (sorting), stockpiles grades preparing it for transport to market, and loads coal into rail cars. The more of this waste material that can be removed from coal, the lower its total ash content, the greater its market value and the lower its transportation costs. The coal delivered from the mine to the wash plant is called run-of-mine, or RoM coal, delivered with large variations in production rate of tons per hour (tph).

Using a RoM stockpile enables the wash plant to be fed coal at a lower, constant rate. The washability characteristics of a coal reserve are determined by liberation data on the raw coal sample. Liberation is the amount of physical breakage required to separate material of different material densities. Low density material is clean coal, whereas high density material is rock. Crushing reduces the overall size of the RoM coal so that it can be easily handled and processed within the wash plant.
Screens in screening plants are used to group process particles into ranges by size. These size ranges are also called grades. Dewatering screens are used to remove water from the product.

The wash plant team has over 100 years of combined experience, with an extensive history of development, construction and operation of coal processing/wash plants in the Eastern coal producing states. Experience ranges in all areas of mining operations, advanced degrees in mining technology and surveying. The team has previous experience building and operating different coal preparation plants with tons per hour ranging from 300 to 2600 tph.

Coal Prep Plant Elevations

Crusher Plant Elevations

West Virginia Coal

West Virginia is the nations 2nd largest coal producing state with recoverable coal reserves estimated at more than 51 billion tons in 2016

There are over 280 companies and 456 mines producing more than 99 million tons of coal a year

McDowell County was ranked as the 6th largest surface mine producer and 13th largest underground mine producer having produced a combined 2.69 million tons in 2015

It has 84 operating mines and an estimated 1.6 billion of recoverable coal reserves

West Virginia coal is used extensively by domestic utility companies to produce electricity

Electric power utilities are the largest coal consumers in the nation, with 2/3rd of all coal production being used by utilities or smaller industrial installations to generate electricity and steam

The steel industry is the second largest coal user in the U.S.

About 80 million tons of coal are used each year to make coke an essential element in the steel making process

About two thirds of a ton of coal is needed to produce a ton of steel

West Virginia has some of the best metallurgical coal found anywhere in the world and it constitutes about 40% of West Virginia’s annual production

News & Press

View All News
708, 2018

Triple 7 Commodities, Inc. Announces Negotiations Mineral Separation Technologies

August 7th, 2018|

Triple 7 Commodities the parent company is in talks with Mineral Separation Technologies about using the dry based separation to wash coal as well. This patented technology is a waterless system that helps drive down preparation costs, and logistics cost. The major conservation of water and other resources should benefit potential users impactfully. We are attracted to the reasonable price of the equipment as well as the control that it [...]