Coal - 11 February 2016

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.

Peabody Energy has announced a US$1.86 billion loss in 2015 on asset writedowns, falling coal demand

Bedeschi has completed installation of new domes at Enel’s 2640 MW South Brindisi power plant at the end of 2015.

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.