Until 1921, the railroad was the only way to reach Fairfax. Coal in the Fairfax area was discovered by W.E. Williams and his father in 1892. The town was named by Hobart W. McNeill, an Iowa railroad and coal investor who headed the Western American Company. Like all coal mining towns of the era, A railroad connection was critical for development.
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While CNX Resources Corp. focuses on natural gas, spin-off Consol Mining Corporation, now Consol Energy Inc. focuses on coal. In 2010, Consol was the leading producer of high-BTU bituminous coal in the United States and the U.S.'s largest underground coal mining company. The company employs more than 1,600 people.
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Global rivalries are miring the clean energy revolution. Just up a red dirt road, across an expanse of tall, dew-soaked weeds, bulldozers are hollowing out a yawning new canyon that is central to the world's urgent race against global warming. For more than a decade, this untouched land was controlled by an American company.
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The second-largest producer of coal in the United States contributes to 16% of the country's coal supply, and the Missouri-based company's website states that while the use of coal tripled in ...
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In 2017, Zijin Mining, a Chinese state-backed company with a slogan of "Harmony Begets Wealth," raised almost $700 million from a sale of private shares to develop its Kolwezi mine. Image