Reading Anthracite Company Reading Anthracite Company Reading Anthracite Company is a coal mining company based in Pottsville, Pennsylvania in the United States. It mainly mines anthracite coal in the Coal Region of eastern Pennsylvania. The company owns the Bear Valley Strip Mine in Northumberland County, Pennsylvania. Reading Anthracite Company; origins date back to 1871 when its predecessor, the Philadelphia and Reading Coal and Iron Company (P. & R. C.& I.) was chartered. As a large publicly traded concern, P. & R. C. & I. had diverse industrial interests which revolved primarily around its main business of railroading. P. & R. C. & I.
Anthracite iron of 1839. In the meantime, Pioneer Furnace, in Pottsville, was blown in using anthracite fuel in 1839. It was built by William Lyman obtained the aid of a Welsh emigrant, Benjamin Perry, who was familiar with Neilson's process and the Yniscedwyn works, for the blowing-in. The furnace ran for three months on anthracite alone and fulfilled the conditions to win the $5,000 prize. In the design of Pioneer Furnace, Lyman had also been assisted by David Thomas, who had arrived in the United States in May 1839. Thomas was engaged by the LC&N to set up the Lehigh Crane Iron