The Value of Coal
Coal is a fundamental natural resource that powers the world. With a 250-year supply, coal represents more than 85 percent of U.S. fossil energy reserves while generating approximately half of the electricity in the US and nearly 40% worldwide. Nearly 70% of all steel products are created using coal. The US Coal industry directly employs over 170,000 Americans, with an estimated 1.5 million ancillary jobs associated with Coal. Besides the Human Capital importance of the Coal Industry, Coal plays an integral role in the development of everyday products we rely on.
Lipari Energy is a socially conscious producer of natural resources, focusing on the philosophy of measuring returns through 3 verticals: Safety, Environmental, and Financial Performance.
Currently, Lipari Energy supplies coal to fuel the needs of major utility and industrial operators. Our operations include strip mining, contour mining, auger mining and high-wall mining. We have 5 operations currently producing coal. This coal is extracted and hauled to our Tipple and Processing facility in Manchester, Kentucky.
Lipari Energy mines bituminous coal in the Central Appalachian coal region. We employ over 150 people and control and operate coal mining entities in the Clay, Owsley, Leslie, and Perry Counties of Southeastern Kentucky. 90% of our coal production is sold to utility operators.
We are committed to delivering best in class product and service to our customers and partners. We are committed to full compliance in an increasingly diverse regulatory environment. We are committed to leaving a better footprint for future generations. We are committed to ensure the well-being of our workforce and those people in the regions we work.
Our philosophy is extracted through the efforts and experience of our workforce. We believe in investing in the future of our people, our county, and our country. Our strength is directly associated with the pride and confidence we hope to create in our workforce. We are committed to the growth and prosperity of the people we work with and the counties we work within.