Hager Equipment Company was founded in the late 1950's as a manufacturers' representative company serving the underground coal and iron ore mines and steel mills in Alabama and Tennessee. In 1980 the company was purchased by Black Diamond Coal at which time our President, Keith Ginwright came on board as sales/field service engineer.
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Mining Equipment Market Overview: Global Mining Equipment Market is expected to garner 155.9 billion by 2022, registering a CAGR of 7.9% during the forecast period 2016 - 2022. Mining is an extraction process of obtaining coal, minerals, metals and other such materials from the earth.
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The exposed strata left by surface mining operations offers exposed coal bed seams that can be efficiently extracted by highwall mining techniques. Highwall mining has advantages compared to underground mining, such as a higher level of safety due to the use of remote controlled cutterheads.
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Thermal Coal Coal is primarily burned for the production of electricity and/or heat. Coal is the largest source of energy for the generation of electricity worldwide; Coal is extracted from the ground by coal mining, either underground by shaft mining, or at ground level by open pit mining extraction.
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