Compliance Energy Corp CPYCF

Not all coal is the same Mokita

[supra48]

Coal is also used for steel-making — 13% of global coal production is used to produce 70% of the world’s steel. Substitutes for this coking coal are not so readily available and possibly carbon, capture and storage (CCS) may be required to reduce emissions. Recycling iron and steel — using electricity from renewable sources — may also play a part in cutting carbon emissions from coking coal.

[chrisale]

The day a coal company, any coal company, guarantees with penalties and compensation if renegged, that it will never sell a single ton of thermal coal to any customer, then I will consider buying shares in that coal company and supporting its efforts to mine coal responsibly and exclusively for the steel making market. Until that day comes, it is simply not worth the risk. I used to believe

[mokita]

you are right that not all coal is the same.  evidently Quinsum, sharing the same coal fields as proposed Raven site, discovered selling thermal is more profitable rather than bearing additional costs of mixing with high grade coal to meet steel making grade. Quinsum has laid off half of its 144 workforce due to plunging market demand and prices rather than converting to met. coal.