Coal - 05 February 2016

A round-up of some of this week's key news items from the international coal industry, from the latest mining updates to outlooks on SSE’s intention to close Fiddler’s Ferry coal plant.

South32 has said it will take a US$1.7 billion impairment charge to its manganese, alumina and thermal coal businesses with the promise of more pain to come.

According to GMB, the UK government should not allow Fiddler’s Ferry power plant to closure until there is new capacity to maintain electricity supply.

Mongolian coal mine operator, Mongolian Mining Corp., has appointed restructuring advisors to help it deal with its debt load.