Coal - 20 July 2016

Coal of Africa has failed to complete its acquisition for Universal after being unable to meet the working capital requirements for AIM readmission.

Anglo American’s export metallurgical coal production for 2Q16 saw a 4% increase whereas thermal coal decreased by 6%.

Indonesian coal company Geo Energy has agreed to buy a 98.83% stake in PT Tanah Bumbu Resources.

Southern Company has announced leadership changes at several of its subsidiaries to help position it for future growth.