Newman's Qld: Moranbah's housing market collapses, businesses struggle as coal prices fall
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Coal is the official state mineral of Kentucky.
About: Newman's Qld: Moranbah's housing market collapses, businesses struggle as coal prices fall
Moranbah and the Rest of Inland CQ have been Failed by Poor Governance. So Tony Abbott is Amongst a Number of PM's that have Failed this region, others include Rudd, Gillard, Howard, Turnbull. Five Years has gone by since this report, One Excellent Fact is that the Isaac Council is Not one of the Wealthiest Councils in Australia, Why?.
Coal is extracted from the ground by coal mining, either underground by shaft mining, or at ground level by open pit mining extraction.
Coal is primarily used as a solid fuel to produce electricity and heat through combustion. World coal consumption was about 7.25 billion tonnes in 2010
The price of coal increased from around $30.00 per short ton in 2000 to around $150.00 per short ton as of September 2008.
In early 2015, it was trading near $56/ton.