TeachMeFinance.com - explain Recoverable reserves, estimated recoverable reserves(coal)
Recoverable reserves, estimated recoverable reserves(coal) The term 'Recoverable reserves, estimated recoverable reserves(coal) ' as it applies to the area of energy can be defined as ' Reserve estimates (broad meaning) based on a demonstrated reserve base adjusted for assumed accessibility factors and recovery factors. The term is used by EIA to distinguish estimated recoverable reserves, which are derived without specific economic feasibility criteria by factoring (downward) from a demonstrated reserve base for one or more study areas or regions, from recoverable reserves at active mines, which are aggregated (upward) from reserve estimates reported by currently active, economically viable mines on Form EIA-7A'.
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