RECENT NEWS
Reuters  Dec 4  Comment 
* Industry sources say miners have pushed up their spot prices
The Hindu Business Line  Nov 13  Comment 
Indian aluminium and coal producer Hindalco Industries Ltd posted a steep 78 per cent drop in quarterly net profit, hurt by a one-time provision for additional levies related to the de-allocati...
Financial Times  Nov 10  Comment 
Coal producer expects Republican win to prompt rollback of plans to change emissions rules
Forbes  Oct 10  Comment 
China's move to impose a tariff on coal imports starting on Oct. 15 could have an "unquantifiable impact" on liquidity-constrained coal producers which have already suffered dramatic losses in bond valuations as declining coal prices pose a...
The Australian  Oct 10  Comment 
CHINA’S surprise move to hit Australian coal producers with a new tax on imports could prove to be the tipping point.
Bloomberg  Oct 1  Comment 
Alpha Sees as Few as 2 Large U.S. Coal Miners After Slump There may be only two to four “really, really” large U.S. coal producers left in the future as the industry...
Reuters  Sep 29  Comment 
India's second-largest coal producer Singareni Collieries will open the country's biggest underground mine next month with a capacity of 2.8 million tonnes per year, which should help the firm edge past its output target for this fiscal year.
SeekingAlpha  Sep 24  Comment 
By Equity Watch: U.S. coal producers have been going through difficult industry conditions, as met and thermal coal markets remain weak. Excess met coal supply has kept the global met coal market weak. Soft met coal demand due to economic...




 

In the U.S., more than 90% of coal is used for the purpose of generating electricity and almost half of all electriity in the country comes from burning coal. [1]

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