Welcome to JMP Coal Holdings, LLC.
JMP Coal Holdings, LLC is privately-held company headquartered in Lexington, Kentucky (operating under a calendar year). The Company, which formed in 2004, owns and operates lines of business that are split into three divisions; energy development, land development, and retail. The profit centers include two full coal mining operations, multiple land developments, and a recreational motorsport dealership.
Facts About Coal:
Kentucky has been one of the top three coal producers in the United States for the last 50 years.
The Kentucky coal industry paid $1.035 billion in direct wages in 2006, directly employing 17,669 persons and indirectly providing 3 additional jobs for every miner employed.
99% of West Virginia electricity is generated by coal, at an average cost of 5 cents per kilowatt/ hour.
The Kentucky coal industry brought over $3.5 billion into Kentucky from out-of-state during 2006 through coal sales to customers in 30 other states and 4 foreign countries. Kentucky coal companies paid $221.42 million in coal severance taxes in Fiscal Year 2006-07
All surface-mined land today is reclaimed equal to or better than it was prior to mining. Kentucky mining companies have received 25 national reclamation awards from 1986 thru 2005 for outstanding achievement in surface mining.
Coal is responsible for more than $3.5 Billion to West Virginia’s gross state product, nearly 13% of the total.
Coal mining creates valuable lands such as wildlife habitats, gently rolling mountaintops, wetlands, and industrial sites where only steep, unproductive hillsides had once existed.
Coal powers Kentucky resulting in the 4th lowest electricity rates
Every coal mining job generates between five and six other jobs in the local economy.
Coal accounts for half of the electricity use in the U.S.
20% of New York electricity is generated by coal, at an average cost of 13 cents per kilowatt/ hour.
Coal costs less than any other major fossil fuel source.
For more Information visit the below links:
Coal Education
Friends of Coal - West Virigina
Friends of Coal - Kentucky
Kentucky Coal
West Virginia Coal
Kentucky has been one of the top three coal producers in the United States for the last 50 years.
The Kentucky coal industry paid $1.035 billion in direct wages in 2006, directly employing 17,669 persons and indirectly providing 3 additional jobs for every miner employed.
99% of West Virginia electricity is generated by coal, at an average cost of 5 cents per kilowatt/ hour.
The Kentucky coal industry brought over $3.5 billion into Kentucky from out-of-state during 2006 through coal sales to customers in 30 other states and 4 foreign countries. Kentucky coal companies paid $221.42 million in coal severance taxes in Fiscal Year 2006-07
All surface-mined land today is reclaimed equal to or better than it was prior to mining. Kentucky mining companies have received 25 national reclamation awards from 1986 thru 2005 for outstanding achievement in surface mining.
Coal is responsible for more than $3.5 Billion to West Virginia’s gross state product, nearly 13% of the total.
Coal mining creates valuable lands such as wildlife habitats, gently rolling mountaintops, wetlands, and industrial sites where only steep, unproductive hillsides had once existed.
Coal powers Kentucky resulting in the 4th lowest electricity rates
Every coal mining job generates between five and six other jobs in the local economy.
Coal accounts for half of the electricity use in the U.S.
20% of New York electricity is generated by coal, at an average cost of 13 cents per kilowatt/ hour.
Coal costs less than any other major fossil fuel source.
For more Information visit the below links:
Coal Education
Friends of Coal - West Virigina
Friends of Coal - Kentucky
Kentucky Coal
West Virginia Coal