Coal is a mineral in which the chemical element of carbon is prevalent. Carbon content (the so-called coalification) depends foremost on the time during which the conversion from plant matter to the final mineral took place. The older the coal, the higher the carbon percentage and the less apparent the original vegetable component, i.e. the fossil, remains of plant tissues, resin, etc. And, in particular, such coal is of higher quality and is in greater demand.
However, besides that coalification and representation of impurities is dependent on other circumstances, in particular on species composition of plants from which the coal was formed, on the character of the deposit, geological history thereof, etc.
Other components represented to various extents according to the types of coal are the following:
The rank of coalification and content of other components is important for the possibility of coal utilization. Coal with high carbon content and low impurities serves for coking, chemical industry etc. Raw material of lesser quality is used for combustion and production of electricity in power-plants.
OKD, a.s., has been currently exposed to fraudulent activity by unknown individuals in Germany.
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This policy was adopted by the Board of Directors of New World Resources Plc on 15 November 2011 and shall have immediate effect.
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The Board of Directors of OKD has adopted a Company code of ethics that is obligatory for all the employees of the firm. It defines basic values and attitudes to enterprise that OKD conforms to in the course of its business activities.
The code of ethics is not any binding rule of law or internal directive, it represents, however, a moral obligation for each employee of OKD.