Illinois Basin Coal Property for Sale

CITY:

Vermillion

STATE:

Illinois

  • The coal mine is in Vermillion County, Illinois.  It is on the Illinois and Indiana border.
  • The coal mine is a former BP coal reserve currently owned by Vermillion Coal Co/Iron Carbide Technologies, Inc. and partially mined by Peabody Coal.
  • AJTBS is the court approved receiver for the property.
  • The coal reserves are not permitted.
  • Contains over 200 million in place strip tons.
  • Projected clean coal tonnage of 128.2 Mt, 10,754 BTU/lb, moisture of 17%, ash of 7.8% and sulfur of 2.2%.
  • Asking $6 million (terms available)
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