History of anthracite coal mining in Pennsylvania competition with the Schuylkill Navigation Company, until the Reading Railroad eventually leased out the Schuylkill Navigation Company in 1870. The Delaware, Lackawanna & Western Railroad would become the major carrier of anthracite from the northern fields to NYC (Dublin, Licht, 15-17). While the extensive railroad systems made transporting more efficient, they also lowered the price of coal in distant markets such as Philadelphia and NYC relative to the prices in areas surrounding the mines. In 1840 the wholesale price of anthracite in Philadelphia relative to the mine price was 3.6, and by 1864 the ratio was 1.3. A similar drop
Siberian Anthracite a part of the Alltech Group, which is the majority shareholder. The company is led by CEO Anastasia Poprygaeva. Siberian Anthracite dates back to the mid-1970s, having been founded in 1974 to supply a number of Soviet enterprises producing electrodes and metallurgical and ferroalloy plants. The company's assets were restructured in 2001 as CJSC Siberian Anthracite. In 2011, it was reported that the company planned to list its shares in London. Siberian Anthracite was a founder member of Novosibirsk-based professional ice-hockey club Sibir, and continues to sponsor the club. Siberian Anthracite Siberian Anthracite () is Russia's largest producer of ultra