- Classified as an essential raw material by the EU and several Asian economies
- Higher carbon content and lower ash yield relative to Thermal Coal
- Tremendous support from institutional investors such as BlackRock and Vanguard
- The Coal for Green Power
- <1% of total reserves in the world
- Sulfur content and ash yield <1.5% – burns cleanly and is thus environmentally friendly
- Higher margins – typically sells for 200% more per ton compared to steam coal
- 70% of the world’s steel production requires Met Coal
- Steel is vital for construction, transportation and sustainable energy initiatives
- Wind energy requires 260 tons of steel per turbine
- One of the few rare coals used to make silicon metals and ferrous metal alloys
- Backbone for emerging technologies such as solar energy, EVs, medical instruments, and semiconductors
Market Opportunity
Coal: The Power Energizing The World
According to the Reuters, 1 in 10 people lack access to electricity. Coal aims to tackle this problem by innovating itself and using its affordability and reliability to meet the global power standards by 2030.
As a strategic resource that is widely recognized as essential for a modern quality of life, coal, has been a key contributor to sustainable development, and an essential element in enhanced energy security.
Today there are 1.3 billion people across the globe without access to electricity and 2.7 billion people who do not have clean cooking facilities. Due to a of lack of access to electricity and modern energy sources, people around the world, especially in rural communities,
struggle to break out of the cycle of poverty. For example:
- Around 70 percent of business owners in Africa say that a lack of power is the number one factor stunting their growth.
- Lack of access to computers and online resources is undermining the development of students and teachers in Asia and Africa.
- Since businesses must shut down after dark, there is a lack of access to
- global markets and less job growth.
Without a commitment to achieve universal energy access it has been estimated that by 2030, there will be an additional 1.5 million premature deaths per year caused by household pollution from burning wood and dung and through a lack of access to clean water, basic sanitation and healthcare. Modern energy sources, such as
coal, are essential to meeting these challenges.
