PLANS were unveiled yesterday for the first new deep coal mine in South Wales in 20 years which will create up to 300 jobs. In a pounds 25m project, private mining company Celtic Energy is teaming up with Tower Colliery workers who bought their pit from British Coal and then turned it into a profit-making success.
If planning permission is given, the mine will be sited at Margam, near Port Talbot, to tap into estimated reserves of 27 million tons of coal. Production could start in about three years, supplying an annual 400,000 tons of coal to markets in cement, power generation and steel-making at British Steel's nearby giant plant.
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