| Solid Energy | |
|---|---|
| Type | State owned enterprise |
| Founded | 1987, Wellington |
| Headquarters | Wellington, New Zealand |
| Key people | Don Elder |
| Industry | mining, coal |
| Products | Coal. A government-owned corporation, state-owned enterprise or government business enterprise is a legal entity created by a Government to undertake commercial Wellington (ˈwælɪŋtən is the Capital of New Zealand, the country's second largest urban area, the Wellington (ˈwælɪŋtən is the Capital of New Zealand, the country's second largest urban area, the New Zealand is an Island country in the south-western Pacific Ocean comprising two main landmasses (the North Island and the South Island Dr Donald McGillivray Elder is a New Zealand Engineer and businessmen For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" Mining is the extraction of valuable Minerals or other geological materials from the earth usually (but not always from an Ore body In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need |
| Revenue | $400 Million NZD (2005) |
| Employees | ? |
| Website | www.solidenergy.co.nz/ |
Solid Energy is the largest coal mining company in New Zealand and is a state owned enterprise of the New Zealand Government. In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services The dollar (often represented by the Dollar sign: "$" is the name of the official Currency in several countries dependencies and other The New Zealand dollar ( sign: $; code: NZD) is the Currency of New Zealand. Employment is a Contract between two parties, one being the employer and the other being the employee. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages Coal mining is the extraction or removal of Coal from the Earth by Mining. New Zealand is an Island country in the south-western Pacific Ocean comprising two main landmasses (the North Island and the South Island A government-owned corporation, state-owned enterprise or government business enterprise is a legal entity created by a Government to undertake commercial The politics of New Zealand takes place in a framework of a parliamentary representative democratic Monarchy.
The company was formed from the former government department State Coal Mines. It was then established as a private state owned company called Coal Corporation in 1987, and renamed Solid Energy in 1997. It currently has a turnover of $400 million NZD and produces 4. The New Zealand dollar ( sign: $; code: NZD) is the Currency of New Zealand. 46 million tons of coal annually. It has plans to expand this output considerably.
The company mines extensively in New Zealand's Waikato and the West Coast regions. Naming To New Zealanders the term 'The Coast' generally refers to the West Coast of the South Island, and 'Coasters' to those that live there 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. China ( Wade-Giles ( Mandarin) Chung¹kuo² is a cultural region, an ancient Civilization, and depending on perspective a National India, officially the Republic of India (भारत गणराज्य inc-Latn Bhārat Gaṇarājya; see also other Indian languages) is a country For a topic outline on this subject see List of basic Japan topics. Electricity generation is the process of converting non-electrical Energy to Electricity. Coke is a solid Carbonaceous material derived from Destructive distillation of low-ash low-sulfur Bituminous coal. Steel is an Alloy consisting mostly of Iron, with a Carbon content between 0 The M acro E xpansion T emplate A ttribute L anguage complements TAL, providing macros which allow the reuse of code across Major domestic users include the Huntly Power Station and New Zealand Steel at Glenbrook
Solid Energy has been given authorisation for the Cypress mine on land near Waimangaroa and it is opposed by the environmental group Save Happy Valley Campaign (SHVC). Huntly (population 7067 is a town in the Waikato region of the North Island of New Zealand. New Zealand Steel is a large Steel mill located at Glenbrook, New Zealand. Glenbrook is a rural and industrial area in the Franklin district of New Zealand. The Cypress mine is a proposed open cast Coal mine on the West Coast of New Zealand. Waimangaroa is a small town located on the West Coast of New Zealand. The Save Happy Valley Coalition (SHVC is an environmental activist movement formed with the express purpose of preventing the Cypress mine, an open cast Coal They claim that the mine will contribute to acid mine drainage, climate change and the possible extinction of a species of Powelliphanta snail. Acid mine drainage ( AMD) or acid rock drainage ( ARD) refers to the outflow of Acidic water from (usually abandoned Metal mines Climate change is any long-term significant change in the “average weather” that a given region experiences Powelliphanta, Common name amber snails is a genus of large carnivorous land Snails terrestrial Pulmonate Gastropod On 27 May 2007 a Sunday Star Times news report by Nicky Hager revealed that Thompson and Clark Investigations Ltd, a security firm employed by Solid Energy, used private individuals to spy on SHVC. The Sunday Star-Times is a New Zealand newspaper published each weekend by the Fairfax group in Auckland. Nicky Hager (born 1958 is an Author and investigative Journalist born in Levin New Zealand and now resides in Wellington. [1]
They were caught out in a second spying episode when Thompson and Clark attempted to employ another spy to obtain information from SHVC. [2] Solid Energy claimed that they had no knowledge of that instance of an attempt by Thompson and Clark to employ a spy. [3]
Solid Energy has recently been investing in renewable energy companies. Nature's Flame, a company selling wood pellet fired heating, was purchased in 2003. [4]
The family-owned, Nelson based solar hot water heating company Sensible Heat was acquired in July 2007. It would be used as a basis for a unit of Solid Energy called Switch. [5]
Canterbury Biodesiel, operating in Christchurch, was acquired by Solid Energy in 2007 which was then renamed New Zealand Biodesiel. Christchurch (Ōtautahi The largest City in the South Island, it is also the second largest city and third largest urban area of New Zealand [6]