Wyoming reliant on coal taxes
Severance tax income on natural resource extraction makes up almost 40% of state revenue in Wyoming, with coal mining the leading contributor.
Severance tax income on natural resource extraction makes up almost 40% of state revenue in Wyoming, with coal mining the leading contributor.
Chinese coal company, China Coal Energy, made a loss in 1H15 as domestic coal demand continues to shrink.
China’s largest coal company, Shenhua, has announced a significant fall in projects as the Chinese coal sector struggles with oversupply.