Current and Future Markets for Western Canadian Coals

"This paper gives a brief resume of the changes in the market picture for Western coal since 1948. It then analyzes present markets and recent developments in Western Canada, the western United States and Japan, and forecasts future markets in these areas to 1975.INTRODUCTIONCOAL HAS BEEN MUCH IN THE NEWS OF LATE, both in the United States and in Canada. In the United States, this is because of the booming condition of the industry and because of the purchase of control of a number of America's largest coal producers by the integrated oil and metal producing companies seeking additional fossil fuel reserves and diversification. In this regard, it is interesting to note that ownership of America's largest strip coal producer was recently acquired by one of the world's largest copper mining companies. In Canada, the conclusion of several large-scale, long-term contracts for the sale of coal to the Japan Steel Group and the projected use of Canadian coal in steel mills in the western United States has focused much attention on the coal industry."