Dec. 16, 2012 -
PRLog -- And research dictates that the global supply of coal is plentiful with over 847 million tons of proven coal reserves worldwide – what that means is that these coal resources are known to exist and whose recovery is economically viable. The largest quantity exist in the USA, Russia, China, and India. The American coal mining industry is healthy, and for 30 years, John Baugues has been a key player in US coal mining ventures throughout the coal-rich Appalachians and the Midwest.
One essential factor accounting for Baugues' success is the quality of the coal accessible for his mining ventures. A variety of properties make coal reserves in one place more suitable or desirable for specific uses than coal from other geographic areas as John Baugues knows well. Some of the best coal in the world used for steelmaking has been found abundantly in Kentucky, for example, site of a John Baugues, Jr. coal project. John Baugues, Jr. recently acquired a coal groundwork facility in Eastern Kentucky, which will provide an abundance of benefits to both Baugues and the Appalachian mining industry. John Baugues Jr.' investments in Montana and Pennsylvania will also capitalize on some of the finest coal resources the country has to offer.
The lesson: focus on the quality - not just the quantity - of coal that is potentially recoverable.