what is coal worth

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The next level of quality is subbituminous coal, which sold on average$15.34 a ton. Bituminous coal, the most abundant rank of coal found in the U.S., sold at $66.04 per ton. Finally, anthracite coal sold at $80.21 per ton.

People also ask

  • What is the average price of coal?

  • In 2019, the national average sales price of bituminous, subbituminous, and lignite coal at coal mines was $30.93 per short ton, and the average delivered coal price to the electric power sector was $38.53 per short ton.

  • What will happen to coal prices in the future?

  • In the Annual Energy Outlook 2020 Reference case, the U.S. Energy Information Administration (EIA) projects that U.S. coal prices will generally increase each year through 2050, based largely on assumptions for the coal and electricity markets and industrial sector demand. Last updated: October 9, 2020.

  • Why is coking coal so expensive?

  • Coking coal must be low in sulfur and requires more thorough cleaning than coal used in power plants, which makes the coal more expensive. In 2019, the average delivered price of coking coal to coke producers was about $146 per short ton鈥攁lmost four times higher than the average price of coal delivered to the electric power sector.

  • How much coal is recoverable in the US?

  • EIA estimates U.S. recoverable coal reserves at about 252 billion short tons, of which about 58% is underground mineable coal. Recoverable reserves at producing mines are the amount of recoverable reserves that coal mining companies report to EIA for their U.S. coal mines that produced more than 25,000 short tons of coal in a year.

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