RECENT NEWS
Reuters  Mar 2  Comment 
Polish coal producer Kompania Weglowa is to cut costs, boost output and strengthen its finances as part of a government restructuring plan to help the company produce a core profit of 2 billion zlotys ($540.42 million) in 2017.
Reuters  Feb 14  Comment 
Miners at the European Union's biggest coking coal producer JSW agreed to suspend the strike following the chief executive's announcement that he will resign, JSW's spokeswoman said on Saturday.
Reuters  Feb 13  Comment 
Shares in the European Union's biggest coking coal producer JSW surged as much as 11 percent on Friday after the firm's chief executive offered to resign, a move that could end a paralyzing strike.
Commodity Online  Feb 9  Comment 
Lower-than-anticipated demand, especially from China combined with persistent production will be key factors that will sustain the weak market environment.
Benzinga  Jan 30  Comment 
The four top U.S. coal producers were higher Friday for reasons that were unclear. The movement came as India sold a 10 percent stake in Coal India Ltd. (BOM:533278), the world's largest coal producer, for $3.6 billion Friday. But Coal India...
Reuters  Jan 28  Comment 
Trade unions at the European Union's biggest coking coal producer JSW have started strikes against the company's plans to cut costs, union representatives said on Wednesday.
Finance Asia  Jan 7  Comment 
China Shenhua, the world’s largest coal producer, mandates banks for potential dollar bond, defying market fears towards the volatile commodity sector.
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




 

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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