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Coal - 11 February 2016

Alpha announces stalking-horse bid

A group of unnamed lenders has agreed to be the lead bidder for Alpha Natural Resource’s core assets as the company seeks to exit Chapter 11 protection.


Glencore coal production down 10%

Glencore reports coal production for the 12 months ended 31 December 2015 was down to 131.5 million t, due to curtailed production in response to market conditions and deconsolidation of optimum coal.