Indian coal output may be set to increase, as greater private investment in the industry spurs innovation and efficiency gains.
Coal - 18 February 2015
Linc Energy sells its conventional coal business to United Mining Group and retains rights to a potential US$590 million in future revenue.
According to Business Monitor International (BMI), Russia will shift its coal export focus to Asia, as the country faces competition from low cost coal producers exporting to Europe.
Cloud Peak Energy reported a drop in EBITDA for 2014 on the back of lower prices and reduced shipments resulting from rail services issues.
UK coal miner, Hargreaves Services, will halve output at its Scottish opencast mines in response to lower coal prices and weak demand.