CEIX Profile
CONSOL Energy Inc., headquartered in Canonsburg, Pennsylvania, is a leading producer and exporter of bituminous coal in the United States. Founded in 1860, the company operates across several segments, including the Pennsylvania Mining Complex (PAMC), CONSOL Marine Terminal, and Other segments. It is engaged in the mining, preparation, and marketing of bituminous coal, which is utilized by power generators, industrial users, and metallurgical end-users. The company's operations span coal production, export terminal services, and the development of significant mining assets.
The Pennsylvania Mining Complex (PAMC) is a cornerstone of CONSOL Energy's operations, encompassing several key mines including the Bailey Mine, the Enlow Fork Mine, the Harvey Mine, and the Central Preparation Plant. This complex represents a substantial portion of the company's production capacity and coal reserves. As of December 31, 2021, PAMC held approximately 612.1 million tons of proven and probable coal reserves. This extensive reserve base supports CONSOL's ability to meet long-term supply commitments and sustain its market position.
In addition to PAMC, CONSOL Energy manages the CONSOL Marine Terminal located in the Port of Baltimore. This terminal is a critical infrastructure asset for the company, providing essential coal export services and supporting its global market presence. The terminal facilitates the efficient export of coal to international markets, aligning with CONSOL's strategy to leverage its production capacity for global reach.
Beyond its current operations, CONSOL Energy is focused on the development of its Greenfield reserves, which encompass approximately 1.4 billion tons located in the Northern Appalachian, Central Appalachian, and Illinois basins. These reserves represent a significant growth opportunity for the company, positioning it for future expansion and continued leadership in the coal industry. Through its extensive operations and strategic asset management, CONSOL Energy remains a key player in the energy sector, dedicated to advancing its coal production and export capabilities.
|