The Thermal Coal industry is a significant segment of the global energy sector, primarily focused on the mining, processing, and distribution of thermal coal, also known as steam coal. Thermal coal is a type of coal primarily used for electricity generation in coal-fired power plants due to its high energy content and relatively low cost compared to other energy sources.
Key activities in the Thermal Coal industry include:
- Exploration: Identifying and assessing coal deposits through geological surveys and other methods to determine their size, quality, and economic feasibility.
- Mining: Extracting thermal coal from underground or surface mines using various techniques, including underground mining, open-pit mining, and mountaintop removal.
- Processing: Cleaning and preparing coal for transportation and sale by removing impurities, such as rock, ash, and sulfur, to enhance its energy content and reduce emissions when burned.
- Transportation & Distribution: Moving thermal coal from mines to power plants or export terminals via rail, truck, barge, or ship, and selling it to domestic and international customers, primarily utilities and industrial consumers.