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Unformatted text preview: type of
coal called coking coal, or metallurgical coal. This
mine has an estimated metallurgical coal resource
of 388 million tons. Cline hopes to mine up to 3
million tons per year to supply the growing Asian
metallurgical coal market.
In September 2011, Western Fuels Colorado
entered into an agreement to purchase the
Colowyo Mine in Moffat County from Rio Tinto.
Colowyo mines coal that Western Fuels supplies to
the Craig power plant. Production
Colorado currently ranks as the 11th-most productive coal mining state, just behind North
Dakota and Ohio. On the basis of current weekly
coal production data, the Colorado Geological
Survey projects that the state’s total coal production will be 26.8 million tons by year-end 2011, a
6% increase over the prior year, with expectations
for production to remain flat in 2012. Since 1864,
nearly 1.44 billion tons of coal have been mined
from the state’s reserves. Approximately 24% of the
historic total has been mined in the last 10 years.
Annual coal production p...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.
- Spring '13
- The Lottery