Haynesville Shale is back and better than ever

The project area is extremely remote and lies within the arctic and sub-arctic zones. Development will involve considerable operational and environmental challenges. However, the deposit has the advantage of being backed by MMG Ltd which is 75% owned by the Chinese State. The other positive point is that the deposit could be the most likely candidate to replace production from the MMG owned Century mine which closed in 2016.

Project commissioning was completed in 1987. Production continued to 2009 when the mine was placed on care and maintenance following a series of pit stability issues and ultimately a cracked ball mill shell although permits for a pit expansion were in place. Wood Mackenzie’s asset reports are built from the bottom up, incorporating a number of granular data metrics to ultimately produce our industry standard cash operating costs. This report contains a detailed asset note giving you a holistic view of the asset, including an operational overview through to a timeline of events from inception to now. This qualitative analysis is supplemented by the associated Excel download which enables interrogation of a whole series of cost and production metrics over the life of the asset.