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Chlorine, sulfur and carbon (as coal) are cheapest by mass. Hydrogen, nitrogen, oxygen and chlorine are cheapest by volume at atmospheric pressure. When there is no public data on the element in its pure form, price of a compound is used, per mass of element contained. This implicitly puts the value of compounds' other constituents, and the ...
In 2016, US coal mining declined to 728.2 million short tons, down 37 percent from the peak production of 1,172 million tons in 2008. In 2015, 896.9 million short tons of coal were mined in the United States, [18] with an average price of $31.83 per short ton, [19] worth $28.6 billion. [20] [21]
The price of metallurgical coal is volatile [112] and much higher than the price of thermal coal because metallurgical coal must be lower in sulfur and requires more cleaning. [113] Coal futures contracts provide coal producers and the electric power industry an important tool for hedging and risk management .
With 9.3 billion in reserve coal at the start of 2013 and using first half production as an average run rate, Peabody has around 35 years of coal left to mine, often called reserve life.
But the price of coal fell by nearly a quarter that same year. Just two years later, the mine had laid off all but a couple of workers and produced its last ton of coal.
In Texas, the price drop of natural gas has reduced the capacity factor in 7 of the state's coal plants (max. output 8 GW), and they contribute about a quarter of the state's electricity. [ 26 ] The cost of transporting coal may be around $20/ton for trains, or $5–6/ton for barge and truck.
As of 2020, coking coal in the U.S. sold for about $127/short ton, compared with $50.05/short ton for bituminous coal generally. The cost of coking coal is about 3.5 times as high as the cost of coal used for electrical power (which includes lower ranks of coal, such sub-bituminous coal and lignite , as well as noncoking bituminous coal.) [ 20 ]
Following the Second World War the slow recovery of the British coal mining industry led to shortages of coal and high prices. ... gallons per ton of coal: 29.8 27.1 ...