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Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: emaildelivery@businesswire.com X-To: TX-INDUSTRIAL-INFO-RES@businesswire.com X-cc: X-bcc: X-Folder: \ExMerge - Thomas, Paul D.\Deleted Items X-Origin: THOMAS-P X-FileName: paul d thomas 6-26-02.PST Welcome to eMail News Delivery, a service from Business Wire. Here is your Industrial Information Resources Inc. news release. If you have received this in error please send a message to: eMailDelivery@businesswire.com with the following command in the body of the message: unsubscribe TX-INDUSTRIAL-INFO-RES If you have questions about this service, please contact your Business Wire Account Executive or service@businesswire.com BW2009 JAN 24,2002 2:05 PACIFIC 05:05 EASTERN ( BW)(TX-INDUSTRIAL-INFO-RES) Jacobs Ranch Coal Mine Expands to Meet Demand for Low Sulfur Coal, in an Advisory by Industrialinfo.com Business Editors HOUSTON--(BUSINESS WIRE)--Jan. 24, 2002--The following is an advisory by Industrialinfo.com (Industrial Information Resources Inc.; Houston, Texas). Kennecott Energy Company, a subsidiary of Rio Tinto (NYSE:RTP), is ramping up production at its Jacobs Ranch coal mine from 29 million tons up to 41 million tons annually by the end of 2002. The production ramp up will utilize existing infrastructure, although some mine haulage trucks will be added. Production of Powder River Basin coal has skyrocketed in recent years due to high demand for low sulfur coal at power plants. The low sulfur coal burns cleaner and is cheaper to mine than other types of coal. The Jacobs Ranch coal mine, located in the Powder River coal basin in Wyoming, is the fourth largest coal mine in North America. Kennecott Energy is also expanding its coal reserve base in Wyoming. The company recently announced the acquisition of the North Jacobs Tract for $379.5 million. The acquisition will add approximately 537 million tons of coal reserves and will extend the life of the Jacobs Ranch Mine. Long term development plans for the North Jacobs Ranch tract include constructing a 2.5 mile overland conveyor from the tract to existing facilities at Jacobs Ranch, but officials say it will be 2007 or 2008 before that happens. Industrialinfo.com provides daily news related to the industrial market place including forecasts, outlooks, industry alerts, and databases for the energy and industrial markets. For more information on trends and upcoming construction activities for the Metals & Minerals or Energy markets as well as other industrial sectors send inquiries to metalsandmineralsgroup@industrialinfo.com or visit us at www.industrialinfo.com or www.iirenergy.com --30--LS/na* CONTACT: Industrial Information Resources Inc., Houston Joseph Govreau, 713/783-5147 KEYWORD: TEXAS WYOMING INDUSTRY KEYWORD: ENERGY ENVIRONMENT MINING/METALS UTILITIES SOURCE: Industrial Information Resources Inc. For the best viewing of the news releases please use the following email settings: Courier 10 point. -Notice of Copyright and General Disclaimer- © 2000 Business Wire. All of the releases provided by Business Wire are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire`s members who are solely responsible for their content, accuracy and originality. All reproduction, other than for an individual user`s reference, is prohibited without prior written permission. - Notice of Copyright and General Disclaimer -- © 1999 Business Wire. All of the releases provided by Business Wire are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire`s members who are solely responsible for their content, accuracy and originality. All reproduction, other than for an individual user`s reference, is prohibited without prior written permission.
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