Coal - 27 July 2015

The Indonesian government will postpone its plan to raise royalties for the country’s coal mines due to the difficult times companies are facing with low global coal prices.

Vinacomin subsidiaries have swung back to profit in 2Q15, according to reports from the Vietnamese state-owned coal mining company.

According to the latest report from the US Energy Information Agency, coal production in the US rose sharply for the week ending 18 July in comparison with the previous week. However production continues to fall short of last year.

The US House of Representatives has passed a bill that would pass coal ash regulation to the states, bypassing the US Environmental Protection Agency.

Westmoreland losses were down to US$36.6 million in 2Q15 from US$63.4 million in the previous year.