The British Coal Corporation was a nationalised corporation in the United Kingdom responsible for the extraction of coal. It existed, in various forms, between 1946, with the passing of the Coal Industry Nationalisation Act, and 1997, when it was officially wound up.
The vesting date for nationalised coal was 1 January, 1947 when the assets of approximately 800 private collieries, the Coal Commission, the service contracts held by the colliery companies, and all staff from the district selling schemes that operated in the United Kingdom were transferred to the NCB.
The NCB formed two holding companies in 1973 to handle non-core (deep and opencast mining) activities: NCB (Coal Products) Limited and NCB (Ancilliaries) Limited.
In 1987 the NCB became the British Coal Corporation.
With the passing of the Coal Industry Act in 1994 the industry-wide administrative functions of British Coal were transferred to a new Coal Authority, with its assets being privatised, most notably its English assets being merged with RJB Mining to form UK Coal plc.
Defunct companies of the United Kingdom | Defunct mining companies | Former nationalised industries of the United Kingdom
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It uses material from the
"British Coal".
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