Investing In Coal and Coal Mining Process

1. Coal - Mining and Investing

2. Until the industrial revolution, when coal became an integral part of manufacturing for creating transportation heating and electricity purposes, it was initially used as a domestic fuel. • The mining of coal was introduced around the 18th century, and Britain was the first country to successfully use advanced coal mining techniques like mining and underground excavation.

3. Earlier coal was mined from the surface by different processes like shaft mining. • Since the demand was quite low at earlier times therefore these mining processes were enough to accommodate the demand in the market. • But when the practical uses of the coal as fuel came in to existence, it sparked industrial revolution. • Due to that the demand for coal rose abruptly making it an important commodity.

4. Now a day’s Coal became a popular fuel for all purposes like wood, due to their abundance and their ability to produce more energy besides all other conventional solid fuels. The Process of Coal Mining Coal mining is a difficult and complex process. It broadly comes in two different processes surface mining and deep excavation. Process of Coal Mining depends on a number of factors such as geological factors such as climate, soil composition and topography factors.

6. Deep excavation is the most dangerous excavation procedure, where the lives of all the miners are constantly at a risk. Investing In Coal If you want to invest in some commodity then you should invest in coal. Because investing in coal is a safe bet. Due to the popularity, coal will be continued to be used as fuel for manufacturing process. There are large reserves of coal deposits around the world.

8. Many experts believe, and are sure that the prices of coal will rise in nearby future which will makes coal an important commodity. THANKS