Luscar Ltd.

Luscar Ltd.

Edmonton, AB

Company Overview

Luscar Ltd. is the largest coal producer in Canada based on tonnes produced, accounting for over half of all Canadian coal production. We own and operate eight surface coal mines, including one mine in which we have 50% ownership interest, and we operate two surface coal mines under mining contracts with an electric utility. Our predecessor began operations in 1911. Currently we produce about 40 million tonnes of thermal coal for electricity generation and industrial uses. Luscar has an extensive reserve and resource base at its existing mine operations as well as a vast amount of undeveloped coal resources, all loacated in Western Canada.

We produce and sell both thermal coal primariy to Canadian and foreign utilities for the generation of electricity. We export about 3% of our production in the form of very low sulphur, high volatile, bituminous thermal coal.

We also produce and sell products derived from our coal resources including char, produced from lignite coal, which is used for its high carbon and heat content in the barbecue briquette industry and other industrial applications.

Luscar Ltd. is owned by Luscar Coal Ltd., which in turn is owned by the Luscar Energy Partnersip (LEP). LEP is a general partnership of wholly owned subsidiaries of each of Ontario Teachers' Pension Plan Board and Sherritt International Corporation. Ontario Teachers' Pension Plan Board is a corporation established by legislation of the Province of Ontario and is charged with administering the second largest pension fund in Canada. Sherritt is a diversified natural resources company that operates in Canada and internationally. Sherritt's operations include nickel/cobalt mining and refining, oil and gas exploration and production and electricity generation, among other operations. Sherritt is a public company listed on The Toronto Stock Exchange under the symbol 'S'.

Company Information

Physical Address

1600 - 10235 - 101 St NW, Oxford Tower
Edmonton, AB T5J 3G1
CA

Mailing Address

1600 - 10235 - 101 St NW, Oxford Tower
Edmonton, AB T5J 3G1
CA

Phone

Phone: Show phone

Toll Free: -

Fax: Show fax

Online

Email: -

Website: http://www.luscar.com

Additional Details

Legal Name: Luscar Ltd.

Number of Employees: 1600

Country of Ownership:

CA

Technology Profile:

Luscar maintains and operates large mining equipment including draglines, haul trucks, electric mining shovels, coal preparation plants and unit train loading facilities. Luscar also owns and operates a Salem carbonizer used to convert lignite to char.

Major Clients:

Luscar Ltd. provides low-sulphur thermal coal to the major coal-fired electricity generators in Alberta, Saskatchewan and Ontario including TransAlta, ATCO Electric, EPCOR, SaskPower and Onatrio Power Generation. Luscar provides coal to industrial concerns in western Canada seeking to reduce the cost and increase the reliability of energy inputs. Luscar also provides coal to international utilities.

Distribution of Employees:

Alberta, Saskatchewan, Ontario

Contacts

Deanna Horton

Title: Vice President, Investor Relations

Phone: Show phone

Fax: Show fax

Products

  • Char / Not Activated

    Char is produced by heating lignite in an oxygen reduced atmosphere. The resultant product has twice the heating value of lignite and is used in the barbeque briquette industry and other industrial applications.

  • Coal, Bituminous, High Volatile

    Very low sulphur (.25% -.5%) thermal coal used for electric power generation mainly in Canadian and Pacific Rim markets.

  • Coal, Lignite
  • Coal, Sub-bituminous

    Low sulphur thermal coal used in electric power generation mainly in Alberta, Canada.

NAICS Categories

Additional Information

NAICS:

212114, 212116

FSC Codes:

9110-Fuels, Solid

Export Experience:

Chile, Japan, Korea, South, United States

Actively Pursuing:

Mexico, Taiwan