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Warrior Met Coal, Met Coal in Our Lives

Infrastructure projects would literally fall apart without steel. There’s 57,000 tons of steel in the Empire State Building and six billion tons of steel in the U.S. highway system. And 70 percent of the world’s steel requires coal, specifically metallurgical or met coal. Met coal includes the various grades of coal suitable for carbonization to make coke for steel manufacturing, and our infrastructure products would be impossible without it. 

Warrior Met Coal is a U.S.-based supplier of met coal for the global steel industry. As a large-scale, low-cost producer and exporter of premium met coal, Warrior operates out of Alabama and their product is used by global steel producers. It has two highly productive underground mines in Alabama that have an estimated annual production capacity of more than seven million metric tons of coal. Infrastructure begins with mining, including coal mining, and Warrior Met Coal – along with the entire U.S. met coal industry – is ready to serve as the foundation of those efforts.

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Shifts in Global Coking Coal Trade Flows Deepen 

US and Canadian coking coal exports to China and Europe rose in the first quarter of 2021 but lost ground to Australian material in other markets amid further deterioration in Chinese-Australian relations.

US first-quarter coking coal exports fell by 11.3pc to 9.39mn t, while Canada's fell by 30.7pc to 7.86mn t. US exports to China rose by more than fivefold to 2.11mn t, while Canada's rose by by 51pc to 2.3mn t as Chinese buyers tried to fill the gap left by Australian premium low-volatile coals. US shipments to the EU rose by 8.6pc to 3.94mn t as restocking supported record-high steel prices. But US exports to all major markets outside of China and the EU fell.

The quarterly total of 201,334t shipped from the US to Korea was the lowest in 12 years and 80pc lower than a year earlier. US shipments to Brazil fell by 23.2pc to 1.45mn t, although March shipments made a partial recovery on a positive outlook for the country's steel industry, to 653,740t, up from 323,733t in February but still 17.8pc lower than a year earlier. US shipments to India and Japan fell by 38.4pc and 33pc to 714,576t and 716,786t, respectively, as buyers took advantage of the increased availability of Australian coals. Australian shipments to India rose by 45pc to a record quarterly total of 15.18mn t. Australian exports to the EU rose by 23.7pc to 3.17mn t, driven largely by a 579,792t annual increase in Poland, as merchant coke producers took advantage of spot opportunities. The Australian premium low-volatile coal price averaged $127.28/t fob Australia in the first quarter, compared with $155.36/t fob Australia in the same period last year.

US, Canada Output Rises to Meet Demand 

US exports were largely restricted by tight supply in the first quarter, and several requests for spot cargoes from European, Chinese and Brazilian mills were turned down, US mining companies said.

To continue reading, click here to view the full article on CoalZoom.com. 

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Calling On All Friends of Coal to “Stand Up and Be Counted”— Let Our Voices Be Heard!

As previously announced, the West Virginia Coal Association filed a petition to intervene in a case brought by American Electric Power (AEP) before the West Virginia Public Service Commission (PSC) that is centered around the Mitchell Power Plant is Marshall County, West Virginia. 

The issue is whether the Mitchell Plant should close twelve years ahead of schedule.  If approved, this decision will prematurely eliminate hundreds of coal mining and plant worker jobs and tens of millions of dollars of economic activity that supports Northern West Virginia communities. 

The decision whether to close the Mitchell Power Plant prematurely will be made by the PSC this summer.  To inform their decision, the PSC wants to hear from the public, including stakeholders of the coal and power generation industries.  A public comment period is now open and ends on Wednesday, June 2.

We are asking all Friends of Coal to stand up and be counted! 

Please submit a comment to the PSC asking them to deny AEP’s request to prematurely close the Mitchell Power Plant. 

The process is easy and only takes a minute.  To file a comment with the PSC, click here!

Let the PSC know that your job, a family member, friend, or neighbor’s job depends on keeping the plant operating through its full life cycle. Let them know your business or community relies on these mining and power plant jobs. Explain that coal-fired electricity is keeping our homes warm, our lights on, our virtual learning successful, and our electric system secure and resilient. 

To continue reading, click here to view the full article on CoalZoom.com. 

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Grassroots Support Needed

Below is a message from the West Virginia Coal Association:

With the release of President Biden’s decarbonization initiative and plans to transition away from coal and fossil energy, it becomes critically important that we prepare to unleash an unprecedented, collective voice for coal and coal related industries.

While we plan to vehemently push back on every front, legislative, regulatory and legal.  We are also preparing to mobilize an effective grassroots effort to compliment everything else we are doing.

Yesterday, we sent out under the Friends of Coal banner, notification of a June public comment opportunity tied to the operation of the Mitchell Power Plant.  We also asked everyone involved with coal to register a comment with the WVPSC.

We are enlisting support from everyone to help us expand our grassroots program by circulating the attached Friends of Coal alert to all your employees encouraging them to file a personal comment and additionally have their friends and family members file a comment as well. Please respond today!

We are also mobilizing our social media platforms to drive comments to the WVPSC (see first post planned for Friday below).

To continue reading, click here to view the full article on CoalZoom.com. 

CoalZoom.com - Your Foremost Source for Coal News.

 


An EV Future Means Electricity Demand is Expected to Double by 2050. Will the Grid Be Ready?

Not so long ago the electric vehicle (EV) revolution seemed far more hype than substance. But global EV sales were up 40% in 2020, the world’s major automakers are falling over one another to announce all-electric futures and the Biden administration appears to be all in, announcing that the federal vehicle fleet will go all electric and pledging $174 billion to accelerate the national pivot to EVs.

The question now isn’t whether the EV revolution will arrive, but rather will the electricity grid be able to handle it when it does?  

  

The Federal Energy Regulatory Commission (FERC) has been grappling with just that question and what should be done to prepare. "I think everyone realizes we're in the midst of a strong wave in terms of moving forward with electrification," FERC Chairman Richard Glick said during his opening remarks at a recent technical conference on the issue.

Panelists at the conference didn’t mince words. According to a strong consensus, the electrification of transportation, heating and other end uses, viewed as critical to meeting the nation’s emission reduction goals, will require the nation to double its electricity load by 2050. Ella Zhou, senior modeling engineer at the National Renewable Energy Laboratory, told the FERC conference that meeting that future will require “a doubling of generation capacity in all regions by 2050."

The era of flat electricity demand is about to come to an abrupt end with huge ramifications for how we should be shaping energy policy. Judging by the reliability concerns already plaguing Texas and California and beginning to spread to other wholesale electricity markets, we’re woefully unprepared for the change now on our doorstep.

The reliability and affordability of the nation’s electricity supply is already a life-and-death matter. The February catastrophe in Texas was a stark reminder. But shifting heating, transportation and other industrial uses onto the shoulders of the grid will make the stakes that much higher. There will be even less room for error.

To continue reading, click here to view the full article on CoalZoom.com.

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