Steel shows up more in daily life than you think, from bridges to the bike you ride. In B.C., Elk Valley Resources helps make it possible. Mining Month is a reminder of how it all connects back to everyday life.
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"It is hard to see Canada meeting its trade goals, and supplying the raw material needs of its allies, without also expanding production of metallurgical coal – a more valuable mineral to the Canadian economy than iron or copper, and oftentimes, potash."
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Opponents of steelmaking coal say that mining will permanently wreck the environment.
Does Canmore look like it's been wrecked?
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"In Canada, mining is regulated more stringently than other industries that release selenium into the environment, and even then, coal mining is treated differently from metal and diamond mining"
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If you want to turn iron ore into steel, you need steelmaking coal.
Steelmaking coal is a critical resource that ensures the world can produce new steel and build the infrastructure, ships, trains, cars, and energy systems we rely on.
Last week, Environmental Defence outlined why steelmaking coal shouldn’t be designated a critical mineral. One thing was clear: they don’t know much about coal or steelmaking.
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Global steel production heavily depends on metallurgical coal to meet steel demand, and mills require reliable access to this critical commodity.
Canada can grow its high���quality metallurgical coal sector to not only meet global demand, but also serve as a reliable supplier in a world of increasing steel consumption.
5 quick facts on the importance of steelmaking coal
▪️ 71% of world steel is made using coal
▪️World steel demand is expected to grow from 1.9 billion tonnes to 2.5 billion tonnes by 2050
▪️Seaborne (transported or travelling by sea) coal demand is expected to rise 0.5% annually to 2050
▪️Canada is the 7th largest producer is the world
▪️Canada's coal exports were worth over $10 billion in 2024
Nearly everything we use is either made of steel, or requires steel to be produced.
Steel is the backbone of the modern world—and steelmaking coal makes steel possible.
Canada has a major economic opportunity to expand our steelmaking coal production.
Steelmaking coal is critical to global steel production. Without it, the world would not come close to meeting demand for steel. And with global steel demand projected to grow, steelmaking coal will remain a critical to meeting steel demand for decades.
It's clear, we can't listen to the anti-development crowd anymore.
The world needs safe, secure suppliers of natural resources and Canada can be that supplier.
Let's grow our steelmaking coal sector, create jobs, and help meet global steel demand.
Met or steelmaking coal is used in over 70% of steel production— and is B.C.'s most valuable export. By developing its reserves, Alberta has an opportunity to develop a strong steelmaking coal sector.