TeachMeFinance.com - explain Recovery factor (coal)
Recovery factor (coal) --
The percentage of total tons of coal estimated to be recoverable from a given area in relation to the total tonnage estimated to be in the demonstrated reserve base. The estimated recovery factors for the demonstrated reserve base generally are 50 percent for underground mining methods and 80 percent for surface mining methods. More precise recovery factors can be computed by determining the total coal in place and the total recoverable in any specific locale.
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