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Finally: Australian Thermal Coal Production Being Cut

Bucking wider trends, one coal miner has finally cracked and decided to cut production at its Australian mines amidst growing oversupply in the global thermal coal market. Beginning mid-December, Glencore will halt Australian coal production for three weeks.

This Coal Company is Up 92 Percent in a Tough Market

Low coal prices have put many coal producers underwater, but one company is managing to go against the tide and has even managed to clock big returns this year. Westmoreland Coal Company is up 92 percent year-to-date, and had more good news to report on Wednesday — it just extended a long-term supply agreement for thermal coal from its Kemmerer mine in Wyoming.

MicroCoal Technologies Up 13 Percent on JV Announcement

MicroCoal Technologies ticked upward on the news that it has partnered with an affiliate of Hong Kong's Jiu Feng Investments in order to help advance its processes in Asian markets. MicroCoal has developed patented clean coal upgrading technology to improve the usability of lower-rank coals.