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U.S. Coal Mines Set for $1.33 Billion in Project Kickoffs through End of Year
Industry Segment: Metals & Minerals | Word Count: 698 Words
Attachment: US Coal Consump 2H19
SUGAR LAND--June 12, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--More than 93% of U.S.-produced coal in 2018 was consumed by the electric power sector, according to the U.S. Energy Information Administration (EIA), while the industrial sector and exports accounted for the remainder. But production hit its second-lowest level since 1978, while consumption was at its lowest for the same time period. Industrial Info is tracking $1.33 billion in active projects at coal-mining facilities across the U.S. that are set to begin construction through the end of the year, the majority of which are attributed to underground mining.
Within this article: Details on some of the major coal-mining projects currently scheduled to begin construction in the U.S. for the rest of 2018, including those from major companies such as Arch Coal Incorporated (NYSE:ARCH), CONSOL Energy Incorporated (NYSE:CNX), Contura Energy Incorporated, Alpha National Resources and Ramaco Resources Incorporated (NASDAQ:METC).
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