Coal Industry Looking Positive in 2012
Shine's Room announced a report on the coal industry, Patriot Coal Corporation (NYSE:PCX) and Peabody Energy Corp. (NYSE:BTU).
Articles Tagged "peabody energy corp"
Peabody and Winsway Forming JV to Market Coal in Asia
Platts reported that Peabody Energy Corp. (NYSE:BTU) will market coal to Asia in a joint venture agreement with Winsway (HKG:1733).
Mongolian Coal Mining in Question
In the wake of the turbulence surrounding Ivanhoe Mines Ltd share in Mongolia’s Oyu Tolgoi copper and gold mine, uncertainty remains as Mongolia aims to bring its massive untapped coal to the world.
Will Peabody ride the coal bull again?
There’s no denying the worldwide recession has led to global cutbacks in the demand for most commodities, coal included. Coal producers like Peabody Energy have been forced to curtail production as demand slumps from both the steel industry and the energy sector.
Coal: Commodity Favoured By Investors
Coal is the best commodity to get into right now. The recent global economic downturn has led to a slump in coal demand and production cuts, however serious investors are not shying away from what they see as a most opportune time.
