ARTICLE
Coal Prices Are Falling! It's Time to Innovate to Reduce Blasting Costs in Mines
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Are you looking to improve your blasting efficiency and anticipate sluggish coal prices? Let’s explore further! Blastbag™, an innovative product from  MTi Group , is ushering in a new era in mine blasting.

Blastbag™ reduces the risk of uncontrolled blasts and improves mine worker safety. Furthermore, the innovative air deck solution provides a more precise and environmentally friendly blasting method, reducing environmental impact and  operational costs .

Imagine reducing the risk of dangerous explosions, increasing blasting efficiency, and ultimately, substantial reductions in coal prices could be achieved.

With MTi Group ‘s Blastbag™ air deck implementation  , this dream becomes a reality! By adopting leading-edge technology, you not only improve blasting safety and quality, but also unlock the opportunity to optimize resources and achieve greater profitability.

According to coal market analyst Yudhi Putro (2023), coal prices will continue to fall in the coming period.

Based on data, the price of coal was US$305.21 per ton in early 2023, compared to the current price of US$179.90 per ton (August 2023). Furthermore, coal with a calorific value of 4,200 kcal/kg GAR was priced at US$57.38 per ton in August 2023, a decrease from US$85.00 per ton in January 2023.

As can be seen in the graph below, there are several factors that influence the decline in coal prices.

Coal Prices Are Falling! It's Time to Innovate to Reduce Blasting Costs in Mines

To  overcome the decline in coal prices, the implementation of an air deck using MTi Blastbag™  can be overcome  . When successfully implemented in suitable geology, the air deck can increase fragmentation by 15-30% in the targeted area, and  save blasting costs  by around  15-30%  compared to conventional blasting. This can provide significant downstream benefits, ranging from better and faster excavation and hauling to more efficient crushing.

One example of an air deck application with  MTi Group’s Blastbag™  is as follows:  Our client , a coal miner in the Powder River Basin, was seeking to reduce blasting costs. To achieve this goal, they engaged an independent consultant and conducted rigorous blast testing.

The hope is to find innovative solutions, such as reducing the use of explosives, to improve their operational efficiency.

To reduce explosives usage, an air deck is used between the  stemming column  and the explosives. In this case,  MTi BLASTBAG™  is placed in each hole to form the air deck.

The reduction in  powder factor can be achieved without compromising the overall effectiveness of the blasting process. This offers the potential for significant cost savings for mine sites, with an estimated reduction in explosives consumption of up to 5,300 tons per year, equivalent to a savings of approximately US$1.6 million per year.

Conclusion

Don’t let this incredible opportunity pass you by! Contact us at  MTi Group – PT Prima Minechem Indonesia  today to learn more about Blastbag™. Join hundreds of satisfied customers who have already experienced improvements in their mining operations. Together, we can achieve a smarter, safer, and more profitable future for blasting. Visit our website at  www.primaminechem.com  or call us at +62 (021) 2297 8687 for a free consultation.