FACTS: Coal is the most affordable power source, historically averaging one quarter the price of natural gas. Coal enables the production of 2.4 million MT of steel each 24 hours.The U.S. has 262 billion tons of recoverable
coal reserves – 235 years' supply at the current rate – according to the Energy Information Administration. And the U.S. coal industry directly employs 135,000 people.In the U.S., over 40% of economically produced electrical generation depends on coal…the country's most abundant natural resource. And worldwide each developing economy and country must first turn to coal as a chief ingredient for power and industrial uses-- to build everything from bridges and skyscrapers, to planes and trains, forks and spoons, and cars and trucks to serve steadily growing middle classes.
Mississippi Minerals, Inc. [MMI] facilitates responsible, progressive coal resources' development through mining practices that minimize long-term effects on our environment, whether surface or underground. MMI is owner/operator/developerof mines controlling vast bituminous coal reserves in two of the United States' historically top-shelf metallurgical product producing areas. With tens of millions of tons at its disposal, MMI will sustain steadily increasing production into the million ton per year level for at least two decades.
MMI will continue to capitalize on its excellent geographical, logistical, and economical positioning to offer a top shelf metallurgical/industrial/steam coal product for the domestic and international markets
where quality bituminous coal demand is great and supplies relatively scarce. These opportunities are expected to only continue growingas developing economies build better infrastructure, including steel buildings and bridges, to help their populations' expanding middle classes – who demand increasing amount of electrical power, cement, andsteel-intensiveproducts – such as, cars, improved trucks and tools to enable proportional growth.From itsU.S. mines' locations, MMI's coal product shipping can easily move domestically by any combination of road, rail, and waterways. For the international market, rail options exist to Gulf ports in the South or even Pacific ports in Mexico, plus river ports nearby can efficiently barge shiploads of coal to the Port of New Orleans for easy export.
MMI is a socially conscious, progressive company dedicated to best practices that meet and exceed industry standards. MMI supports ecological and environmentally friendly uses and development