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The Korea Coal Corporation, also known as Korea Coal or KOCOAL, is a government-owned corporation which oversees the coal-mining industry in
South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed ...
. Its headquarters are located in Seoul, in
Sangam-dong Sangam-dong is a legal '' dong'' ( neighborhood) of the Mapo District in Seoul, South Korea. In the wake of the 2002 FIFA World Cup, a large apartment complex and DMC business district have been created and developed into the center of western Seo ...
,
Mapo-gu Mapo District () is one of the 25 districts of Seoul, South Korea. Mapo has a population of 381,330 (2015) and has a geographic area of 23.87 km2 (9.22 sq mi), and is divided into 24 '' dong'' (administrative neighborhoods). Mapo is located in ...
. Korea Coal operates three domestic
anthracite Anthracite, also known as hard coal, and black coal, is a hard, compact variety of coal that has a submetallic luster. It has the highest carbon content, the fewest impurities, and the highest energy density of all types of coal and is the hig ...
coal mines, producing approximately 1.2 million metric tons annually. This is down from a peak of 5.2 million tons reached in 1988. As domestic demand for
bituminous coal Bituminous coal, or black coal, is a type of coal containing a tar-like substance called bitumen or asphalt. Its coloration can be black or sometimes dark brown; often there are well-defined bands of bright and dull material within the seams. It ...
has grown, exceeding 70 million tons in 2005, the company has reduced its Korean operations and begun to invest in overseas mines. The company was initially formed in 1950, under the
First Republic of South Korea The first Republic of Korea () was the government of South Korea from August 1948 to April 1960. The first republic was founded on 15 August 1948 after the transfer from the United States Army Military Government that governed South Korea sin ...
. It was the successor to a Japanese government corporation set up under Japanese rule, when large-scale coal-mining in Korea began.


See also

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Economy of South Korea The economy of South Korea is a highly developed mixed economy. By nominal GDP, it has the 5th largest economy in Asia and the 13th largest in the world. South Korea is notable for its rapid economic development from an underdeveloped natio ...
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Government of South Korea The Government of South Korea is the union government of the Republic of Korea, created by the Constitution of South Korea as the executive, legislative and judicial authority of the republic. The president acts as the head of state and is th ...
{{Authority control Coal companies of South Korea Government-owned companies of South Korea Mining in South Korea