PITTSBURGH, Sept. 6, 2017 /PRNewswire/ -- Today, CNX
Coal Resources LP (NYSE:CNXC) and OMNIS Bailey, LLC (OMNIS),
announced a partnership to build a first-of-a-kind solid energy
refinery. The refinery will be used for processing waste coal
at CONSOL's Bailey Mine Complex and converting it into
high-quality, Clean Carbon Fuel (CCF).
A pilot plant was constructed at the Bailey Central Preparation
Plant in May of this year to allow for optimization of the
production process and commercial-scale testing of CCF by power
plant customers. Successful scale-up of the process is
expected to provide dual benefits: (a) provide additional revenue
streams from the sale of CCF and certain other byproducts having
potential agricultural applications, and (b) reduce the
environmental footprint of our operations by eliminating or greatly
reducing the need for future fine coal refuse
impoundments.
Jimmy Brock, CEO of CNX Coal
Resources, said: "We're excited to partner with OMNIS on an
innovative technology that we believe can help to revolutionize the
coal industry. OMNIS's technology development program has shown
promising progress toward enabling alternative uses for coal
byproducts. Following successful pilot testing and scale-up of the
refinery, we're optimistic that we will have a Clean Carbon Fuel
product that can be used to further enhance the energy content and
performance characteristics of our already high-Btu, high-quality
coal product. Moreover, this project represents a major step
in line with our stewardship commitments to reduce our
environmental footprint by eliminating or greatly reducing the
future need for fine coal refuse impoundments."
Simon Hodson, Chairman of OMNIS,
states: "It just makes sense to further remove the impurities from
coal before burning it. This is truly clean coal production
in our view. It makes even more sense to return ancient
mineral matter to depleted top soils to grow better quality
food."
Charles Gassenheimer, CEO of
OMNIS Bailey continues: "The impurities we are removing from coal
are really fossilized mineral matter from plants. After
several years of testing at USDA facilities, this topsoil has been
shown to remediate mineral-depleted farmland, leading to both
enhanced plant growth and nutritionally-superior food. Simply
stated, we are creating two marketable products from coal waste
that offer significant benefits to society – cleaner energy and
better food."
About CNX Coal Resources LP
CNX Coal Resources (NYSE: CNXC) is a growth-oriented master
limited partnership formed by CONSOL Energy Inc. (NYSE: CNX) to
manage and further develop all of CONSOL's active coal operations
in Pennsylvania. Its assets
include a 25 percent undivided interest in—and operational control
over—CONSOL's Pennsylvania mining
complex, which consists of three underground mines and related
infrastructure. More information may be found at www.cnxlp.com.
Contacts:
Media:
Zach Smith, (724) 485-4017
zacherysmith@cnxlp.com
Investor:
Mitesh Thakkar, (724) 485-3133
miteshthakkar@cnxlp.com
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SOURCE CNX Coal Resources LP