Drop in Japanese metallurgical coal contracts
It is reported that 3Q15 metallurgical coal contracts between Australian coal miners and Japanese steel producers have dropped 15%.
Coal - 22 June 2015
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Further industry restructuring likely in US
Tighter self-bonding requirements for US coal companies could speed up coal industry restructuring in the US, as it would further reduce company liquidity.
NMA chief attacks ”relentless offensive” on coal
Hal Quinn, President and CEO of the US National Mining Association, has criticised current regulatory actions against the coal industry as “policy-based asset destruction”.
US coal production for the week ending 13 June
According to the latest report from the US Energy Information Agency (EIA), coal production continued to decline y/y for the week ending 13 June.
Governor should stop closure of WV coal plants
The co-chairmen of the West Virginia Coal Forum have called on Governor Earl Ray Tomblin to "forestall the closures" of six of the state's coal-fired power plants.