New working practices boost production at Hargreaves Services

ENERGY support group Hargreaves Services, which runs collieries and cokeworks, says new working practices are boosting production.

ENERGY support group Hargreaves Services, which runs collieries and cokeworks, says new working practices are boosting production.

The Esh Winning-based business, which also has transport and industrial services divisions, says production at Maltby Colliery in South Yorkshire has improved since the changes were introduced in April.

The market for coke, which it produces at Monckton, also in South Yorkshire, also remained strong, the group said in a trading statement today.
And it revealed that a meeting about the long-drawn out planning application for the Tower Colliery project, to be run with former miners in Wales, has been set up with council bosses.

Hargreaves has just signed up to provide management services for Hatfield Colliery near Doncaster and trade the first 800kt of coal from the site. It also trades coal in Europe and is aiming to expand into Asia.

“Commodity prices remain strong and were almost 30% higher at May 31, 2011 compared to 12 months earlier,” said Hargreaves.

The group, which had a £253.9m turnover and profits of £16.1m in the six months to the end of November, will announce its annual results in mid-September.

 

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