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This excerpt taken from the ACI 10-K filed Mar 1, 2010. Introduction
We are one of the largest coal producers in the United States.
For the year ended December 31, 2009 (which includes fourth
quarter sales only from the former Jacobs Ranch mine complex,
which we acquired on October 1, 2009), we sold approximately
126.1 million tons of coal, including approximately
7.5 million tons of coal we purchased from third parties,
fueling approximately 12.7% of all coal-based electricity
generated in the United States. We sell substantially all of our
coal to power plants, steel mills and industrial facilities. At
December 31, 2009, we operated 19 active mines located in
each of the major low-sulfur coal-producing regions of the
United States. The locations of our mines enable us to ship coal
to most of the major coal-fueled power plants, steel mills and
export facilities located in the United States.
Significant federal and state environmental regulations affect
the demand for coal. Existing environmental regulations limiting
the emission of certain impurities caused by coal combustion and
new regulations, including those aimed at curbing the emission
of certain greenhouse gases, have had and are likely to continue
to have a considerable impact on our business. For example,
certain federal and state environmental regulations currently
limit the amount of sulfur dioxide that may be emitted as a
result of combustion. As a result, we focus on mining,
processing and marketing coal with low sulfur content.
Despite these and other regulations, we expect worldwide coal
demand to increase over time, particularly in developing
countries such as China and India where electricity demand is
increasing much faster than in developed parts of the world.
Although the global economic recession has had a significant
impact on certain regions of the world, we expect worldwide
energy demand to increase over the next 20 years. As a
result of its availability, stability and affordability, we
expect coal to satisfy a large portion of that demand.
Domestically, we anticipate that production in certain regions,
particularly the Central Appalachian region, will decrease over
time as reserves are depleted and permitting becomes more
challenging. We expect United States coal exports to increase in
2010, driven primarily by improving metallurgical coal demand.
We also expect domestic coal consumption to increase over the
intermediate and longer term. We believe that these trends
collectively will exert upward pressure on coal pricing.
These excerpts taken from the ACI 10-K filed Feb 27, 2009. Introduction
We are one of the largest coal producers in the United States.
For the year ended December 31, 2008, we sold approximately
139.6 million tons of coal, including approximately
6.1 million tons of coal we purchased from third parties,
fueling approximately 6% of all electricity generated in the
United States. We sell substantially all of our coal to power
plants, steel mills and industrial facilities. At
December 31, 2008, we operated 20 active mines located in
each of the major low-sulfur coal-producing regions of the
United States. The locations of our mines enable us to ship coal
to most of the major coal-fueled power plants, steel mills and
export facilities located in the United States.
Significant federal and state environmental regulations affect
the demand for coal. Existing environmental regulations limiting
the emission of certain impurities caused by coal combustion and
new regulations, including those aimed at curbing the emission
of certain greenhouse gases, have had and are likely to continue
to have a considerable impact on our business. For example,
certain federal and state environmental regulations currently
limit the amount of sulfur dioxide that may be emitted as a
result of combustion. As a result, we focus on mining,
processing and marketing coal with low sulfur content.
Despite these and other regulations, we expect worldwide coal
demand to increase over time, particularly in developing
countries such as China and India where electricity demand is
increasing much faster than in developed parts of the world.
Although the global economic recession has had a significant
impact in certain regions of the world, we expect worldwide
energy demand to increase over the next 20 years. As a
result of its availability, stability and affordability, we
expect coal to satisfy a large portion of that demand.
Domestically, we anticipate that production in certain regions,
particularly the Central Appalachian region, will decrease over
time as reserves are depleted and permitting becomes more
challenging. Although we expect coal exports to decline in 2009,
we expect coal exports to increase gradually over the
intermediate and longer term, as international consumers look
for more stable sources of coal supplies. We also expect
domestic coal consumption to increase over the intermediate and
longer term. We believe that these trends collectively will
exert upward pressure on coal pricing.
Introduction We are one of the largest coal producers in the United States. For the year ended December 31, 2008, we sold approximately 139.6 million tons of coal, including approximately 6.1 million tons of coal we purchased from third parties, fueling approximately 6% of all electricity generated in the United States. We sell substantially all of our coal to power plants, steel mills and industrial facilities. At December 31, 2008, we operated 20 active mines located in each of the major low-sulfur coal-producing regions of the United States. The locations of our mines enable us to ship coal to most of the major coal-fueled power plants, steel mills and export facilities located in the United States. Significant federal and state environmental regulations affect the demand for coal. Existing environmental regulations limiting the emission of certain impurities caused by coal combustion and new regulations, including those aimed at curbing the emission of certain greenhouse gases, have had and are likely to continue to have a considerable impact on our business. For example, certain federal and state environmental regulations currently limit the amount of sulfur dioxide that may be emitted as a result of combustion. As a result, we focus on mining, processing and marketing coal with low sulfur content. Despite these and other regulations, we expect worldwide coal demand to increase over time, particularly in developing countries such as China and India where electricity demand is increasing much faster than in developed parts of the world. Although the global economic recession has had a significant impact in certain regions of the world, we expect worldwide energy demand to increase over the next 20 years. As a result of its availability, stability and affordability, we expect coal to satisfy a large portion of that demand. Domestically, we anticipate that production in certain regions, particularly the Central Appalachian region, will decrease over time as reserves are depleted and permitting becomes more challenging. Although we expect coal exports to decline in 2009, we expect coal exports to increase gradually over the intermediate and longer term, as international consumers look for more stable sources of coal supplies. We also expect domestic coal consumption to increase over the intermediate and longer term. We believe that these trends collectively will exert upward pressure on coal pricing. These excerpts taken from the ACI 10-K filed Feb 29, 2008. Introduction
We are one of the largest coal producers in the United States.
At December 31, 2007, we operated 18 active mines located
in each of the major low-sulfur coal-producing regions of the
United States. Federal and state environmental regulations
affect the demand for certain types of coal by limiting the
amount of sulfur dioxide that may be emitted as a result of
combustion. Due to these regulations, we believe demand for
low-sulfur coal exceeds demand for other types of coal.
Consequently, we focus on mining, processing and marketing coal
with low sulfur content. At December 31, 2007, we estimate
that our proven and probable coal reserves had an average heat
value of approximately 10,000 Btus and an average sulfur content
of approximately 0.71%. As such, we estimate that approximately
75.4% of our proven and probable coal reserves consists of
compliance coal.
We sell substantially all of our coal to power plants, steel
mills and industrial facilities. For the year ended
December 31, 2007, we sold approximately 135.0 million
tons of coal, including approximately 8.6 million tons of
coal we purchased from third parties, fueling approximately 6%
of all electricity generated in the United States. The locations
of our mines enable us to ship coal to most of the major
coal-fueled power plants in the United States. The following
chart shows the breakdown of our coal production by region for
2007, expressed as a percentage of the total tons we produced:
Introduction We are one of the largest coal producers in the United States. At December 31, 2007, we operated 18 active mines located in each of the major low-sulfur coal-producing regions of the United States. Federal and state environmental regulations affect the demand for certain types of coal by limiting the amount of sulfur dioxide that may be emitted as a result of combustion. Due to these regulations, we believe demand for low-sulfur coal exceeds demand for other types of coal. Consequently, we focus on mining, processing and marketing coal with low sulfur content. At December 31, 2007, we estimate that our proven and probable coal reserves had an average heat value of approximately 10,000 Btus and an average sulfur content of approximately 0.71%. As such, we estimate that approximately 75.4% of our proven and probable coal reserves consists of compliance coal. We sell substantially all of our coal to power plants, steel mills and industrial facilities. For the year ended December 31, 2007, we sold approximately 135.0 million tons of coal, including approximately 8.6 million tons of coal we purchased from third parties, fueling approximately 6% of all electricity generated in the United States. The locations of our mines enable us to ship coal to most of the major coal-fueled power plants in the United States. The following chart shows the breakdown of our coal production by region for 2007, expressed as a percentage of the total tons we produced: | EXCERPTS ON THIS PAGE:
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