Coal - 12 April 2016

Atrum Coal’s founders, Russell Moran and Gino D’Anna, retain significant stakes in the company despite being forced off of the board last year.

NWR production and sales increased y/y but prices continued to fall for both the company’s metallurgical and thermal coal.

Australian coal company, Wollongong Coal, has extended its short-term financing agreement with Jindal Steel & Power.

Norfolk Southern has issued the following statement regarding Canadian Pacific’s withdrawal of its unsolicited acquisition proposal and its related shareholder resolution.

Canadian Pacific Railway Ltd has announced that it has terminated efforts to merge with Norfolk Southern Corp.