4 Metallurgic Coal Producers form Association
Four regional coal producers formed the Metallurgical Coal Producers Association in September 2020 in response to dynamic changes within the coal
Four regional coal producers formed the Metallurgical Coal Producers Association in September 2020 in response to dynamic changes within the coal industry. Steel manufacturers rely on coal metallurgy to manufacture their products. The four coal producers that formed and operate the new association include Coronado Coal LLC, Contura Energy Inc, RAMACO Resources Inc and United Coal Company, which is a subsidiary of the international Metinvest Group. The Metallurgical Coal Producers Association plans to focus its initial efforts in Virginia and West Virginia.
According to David Stetson, chairman of the board of the Metallurgical Coal Producers Association, most people understand coal as something that generates electricity. One of the goals of the association is to increase the public’s understanding of the role of coal in their everyday lives. Buildings, bridges, cars, and household appliances are just four types of industrial and consumer products that require metallurgical coal to operate. Stetson also stated that the production and use of metallurgical coal plays an important part in the world’s economy.
The four coal producers responsible for forming the association did so after expanding and restructuring the previous organization known as the Virginia Coal and Energy Alliance. One of the big changes in the coal industry that prompted the formation of the Metallurgical Coal Producers Association was the reduced industrial and consumer demand for metallurgical coal. The reduction in demand created a shift toward producing more metallurgical coal.