MARKETS

US boom beginnings

ANALYSIS of the latest official figures for US coal production in 2004, released by the Energy In...

Staff Reporter
US boom beginnings

Domestic coal production was up 3.8% in 2004 to 1.112 billion tons.

Last year’s output was short of the industry's record 1.127 billion tons produced in 2001, while projections for 2005 show US coal production reaching 1.14 billion tons.

The electric power sector increased its consumption by 1.1%, while coal prices increased 5.7% to $US27.30 per ton.

Driven by tight demand globally coking coal prices were up 21.5% at $US61.50 in 2004. Consumption dropped by 2.4%.

U.S. coal exports rose for the second consecutive year in 2004, while coal imports again increased to record levels.

The 3.7% increase in coal production to 390 million tons in the Appalachian Region accounted for about one third of the total increase in coal output, while the Western Region was responsible for the remaining increase. The Illinois, Indiana, western Kentucky and other Midwestern regional states produced relatively static levels.

Continuing its dominance as the leading coal producing state, Wyoming accounted for 36% of total US production for the year and produced a record 396.4Mt, mostly thanks to the top 10 surface mines all located in the state. These included the North Antelope Rochelle Complex, America’s top producing mine with an output of 82.471 million tons, followed by Black Thunder with 72.22Mt.

West Virginia produced 147.9Mt, Kentucky 114.24Mt, Pennsylvania 65.99Mt, Texas 45.86Mt, Montana 39.99Mt, Colorado 39.87Mt, Indiana 35.11Mt, Illinois 31.85Mt and Virginia 31.42Mt.

Peabody Coal remained the top producer with a total output of 192.48Mt, accounting for 17% of the entire industry’s production.

Kennecott Energy & Coal Co. was the second highest company with 2004 output of 124.48Mt.

Arch Coal was next with 115.24Mt, followed by Consol Energy 65.22Mt, Foundation Coal Corp 60.42Mt and A.T. Massey 40.37Mt.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production