What is a modern steelmaking coal project?

So, what is the difference between an historical coal mine and a modern steelmaking coal project?

For starters, it’s the coal itself. Most historical coal mines produced thermal coal, which is lower quality and used primarily for energy production. Modern steelmaking coal projects produce metallurgical coal, which is higher quality and used for – you guessed it – steelmaking.

And while the demand for thermal coal has been rapidly decreasing, the demand for steelmaking coal has been steadily increasing. That’s because it’s essential for producing high-quality steel, which is crucial for building key infrastructure, renewable energy projects and everything from kitchen utensils and refrigerators to cars and rocket ships.