Operations > Coal > Energy Source

We use energy in almost every aspect of our daily lives. Electrical power is used to light homes, schools, offices, and shopping centers. Industrial facilities generate both heat and power for household as well as industrial uses. The global demand for energy is ever-increasing as nations grow and develop and as new power-intensive applications emerge.

Coal, which is primarily consumed by utilities to generate electricity, is a major contributor to the global supply of energy. The World Coal Institute estimates that coal currently fuels approximately 41% of the electricity produced in the world. In 2009, coal represented 29% of the world’s primary energy consumption*.

Coal is a safe, reliable, easily stored, and readily available source of energy. The immense size of the world’s coal reserves means that it will be available for the foreseeable future. The ratio of coal reserves to production is approximately 2.6 times that for oil and 1.9 times that for natural gas*.

* According to BP Statistical Review.


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10/19/2011 Partnership Agreement Between Drummond Company and ITOCHU Corporation Finalized
10/17/2011 Drummond Company Announces Receipt of Required Consents
06/15/2011 Drummond Company Enters Into Partnership with Itochu Corporation In Colombia
07/21/2010 Drummond Ltd Plans New Development
06/14/2010 Drummond Reaches Labor Agreement in Colombia
06/01/2010 Press Release on Labor Negotiations at Colombian Coal Operations
02/02/2010 Organizational Announcement
 


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