Solid Energy is the largest coal mining company in New Zealand and is a state owned enterprise of the New Zealand Government.
The company was formed from the former government department State Coal Mines. It was then established as a state owned enterprise called Coal Corporation in 1987 (known as Coalcorp), and renamed Solid Energy New Zealand Limited in 1997. It currently has a turnover of NZ$689.8 million and produces 3.8 million tonnes of coa...
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Solid Energy is the largest coal mining company in New Zealand and is a state owned enterprise of the New Zealand Government.
The company was formed from the former government department State Coal Mines. It was then established as a state owned enterprise called Coal Corporation in 1987 (known as Coalcorp), and renamed Solid Energy New Zealand Limited in 1997. It currently has a turnover of NZ$689.8 million and produces 3.8 million tonnes of coal annually.
The company mines extensively in New Zealand's Waikato and the West Coast regions. Approximately half the coal mined is exported, as it is high value with little moisture, sulphur, or other impurities. Much of this is to China, India and Japan where it is used in the power generation and coke industries and for the manufacture of steel and other metals. Major domestic users include the Huntly Power Station and New Zealand Steel at Glenbrook.
Solid Energy is responsible for approximately 85% of New Zealand's coal production. Annual...
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