China Coal Energy Increases Year Over Year Output
Platts reported that China Coal Energy (HSE:1898) improved its coal production by 2.4% year on year.
Platts reported that China Coal Energy (HSE:1898) improved its coal production by 2.4% year on year.
Bloomberg reported that Adaro Energy (OTC Pink:ADOOY) reported higher production in first quarter.
Reuters reported that Consol Energy (NYSE:CNX) dropped its production target and reported lower earnings than analysts has estimated.
Financial Post reported that cheaper sources of energy may be preferred as the cost of producing coal increases.
Patriot Coal Corporation (NYSE:PCX) announced that slower demand has forced the company to reduce its thermal coal production further.
Mining Weekly reported that Consol Energy (NYSE:CNX) met its planned production guidance of 15.7mt of coal in first quarter.
Indonesia’s coal sector is dealing with a sluggish market and the roll out of unpopular new mining laws. But the outlook is still good for the world’s largest thermal coal exporter.
Mining Weekly reported that Anglo American's (OTC Pink:AAUKY) Zibulo coal mine is expected to reach capacity of 8 million tons annually by Q3.
Walter Energy, Inc. (NYSE:WLT,TSX:WLT) announced an update to first quarter and full-year performance outlooks.
Bloomberg reported that an increase in shale gas production has forced Appalachian coal companies to cut production.
Get our independent commentary on coal trends and companies delivered to your inbox.