The FutureGen Industrial Alliance, Inc. is structured as a non-profit 501(c)(3) organization in order to focus on technology advancement rather than profits. Alliance members contributing to the project do not receive any direct financial returns from participation in FutureGen. All revenue from the sale of any marketable byproducts will be returned to the non-profit. This arrangement enables the Alliance members to focus on developing innovative approaches to generating electricity from coal in a cleaner way than ever envisioned. The non-profit structure will enable the Alliance to take more risk in experimenting with advanced technologies than would be the case if traditional measures of financial return were considered.
|Alpha Natural Resources is one of America’s premier coal suppliers with coal production capacity of greater than 120 million tons a year. Alpha is the nation’s leading supplier and exporter of metallurgical coal used in the steel-making process and is a major supplier of thermal coal to electric utilities and manufacturing industries across the country. The company, through its affiliates, employs approximately 14,000 people and operates approximately 150 mines and 33 coal preparation facilities in Appalachia and the Powder River Basin. More information about Alpha can be found on the company’s Web site at www.alphanr.com.|
|Anglo American plc is one of the world’s largest mining companies, is headquartered in the UK and listed on the London and Johannesburg stock exchanges. Its portfolio of mining businesses spans precious metals and minerals in which it is a global leader in both platinum and diamonds; base metals – copper and nickel; and bulk commodities iron ore, metallurgical coal and thermal coal. Anglo American is committed to the highest standards of safety and responsibility across all its businesses and geographies and to making a sustainable difference in the development of the communities around its operations. The company’s mining operations and extensive pipeline of growth projects are located in southern Africa, South America, Australia, North America and Asia.|
|Joy Global Inc. is a worldwide leader in high-productivity mining solutions. Through its market-leading businesses – P&H Mining Equipment and Joy Mining Machinery – the Company manufactures and markets original equipment and aftermarket parts and services for both the underground and above-ground mining industries and certain industrial applications. Joy Global’s products and related services are used extensively for the mining of coal, copper, iron ore, oil sands, gold and other mineral resources.
Joy Global and its businesses pride themselves on providing a full range of value-additive aftermarket services, and are committed to assisting our customers mine ores and minerals at the lowest possible cost. To achieve these objectives, we use a Life Cycle Management Strategies (LCMS) approach, which places the highest value on continuous and exceptional customer support. To assist our customers, facilities and equipment service centers span six continents and more than twenty distinct countries.
|Peabody Energy (NYSE: BTU) is the world’s largest private-sector coal company, with 2008 sales of 256 million tons and $6.6 billion in revenues. Its coal products fuel 10 percent of all U.S. electricity generation and 2 percent of worldwide electricity generation. With diverse national and international coal and energy operations, Peabody brings a robust business perspective to FutureGen.|
|Xstrata Coal Pty Limited is the world’s largest exporter of thermal coal and the fifth largest producer of hard coking coal, producing both premium quality hard coking coal and semi-soft coal. Headquartered in Sydney, Australia, Xstrata Coal Pty Limited has interests in over 30 operating coal mines throughout Australia, South Africa and Colombia. Thermal coal is used in power generation, while coking coal is used mainly in the production of steel and other industrial applications. Xstrata Coal Pty Limited is the second largest of the commodity businesses within Xstrata plc, a major global diversified mining group, listed on the London and Swiss stock exchanges with around 40,000 employees worldwide.|