We produce both coking coal and thermal coal (also known as steam coal). Coking coal is used as a raw material in steel production, and thermal coal is sold to electric utilities, industrial users and other producers of electricity.
Traditionally, coking coal has commanded higher prices and generated higher revenues with higher margins for OKD relative to thermal coal. Of our 12.7 million tonnes of hard coal produced in 2008, 7.4 million tonnes was coking coal, 5.1 million tonnes was thermal coal, and 1.1 million tonnes was coke.
