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It was dubbed as being net zero and would extract what is known as metallurgical coal, which is used in steel-making, with the Government accepting that approximately 15% of the material would be ...
Metallurgical coal or coking coal[1] is a grade of coal that can be used to produce good-quality coke. Coke is an essential fuel and reactant in the blast furnace process for primary steelmaking. [2][3][4] The demand for metallurgical coal is highly coupled to the demand for steel. Primary steelmaking companies often have a division that ...
Alpha Metallurgical Resources, formerly Contura Energy (January 2021), is a leading coal supplier with underground and surface coal mining complexes across Northern and Central Appalachia. Contura owns large coal basins in Pennsylvania, Virginia and West Virginia which supply both metallurgical coal to produce steel and thermal coal to generate ...
US$ 5.17928 bil (Dec'10) Website. www.alphanr.com. Alpha Metallurgical Resources is a large American producer of metallurgical coal ("met coal") for the industrial production of steel and iron and low-sulfur thermal coal ("steam coal") to fuel steam boilers for the production of electrical power. In November, 2018 the company was acquired by ...
Arch Resources (NYSE:ARCH) and Consol Energy (NYSE:CEIX), two of the largest coal miners in the United States, are entering a merger that will create a $5.2 billion coal mining company. "This ...
The Biden administration on Thursday proposed an end to new coal leasing from federal reserves in the most productive coal mining region in the U.S. as officials seek to limit climate-changing ...
Coal mining is an industry in transition in the United States. Production in 2019 was down 40% from the peak production of 1,171.8 million short tons (1,063 million metric tons) in 2008. Employment of 43,000 coal miners is down from a peak of 883,000 in 1923. [ 1 ] Generation of electricity is the largest user of coal, being used to produce 50% ...
Metallurgical coal miners Walter Industries and Alpha Natural Resources are trading at prices not seen in 10 years. There is blood in the streets as the sector contends with oversupply caused by ...