Quarterly UK Coal Output Declines On-Year
Platts reported that first quarter coal production from the UK was down 12.3% year-on-year.
Platts reported that first quarter coal production from the UK was down 12.3% year-on-year.
Platts reported that UK coal imports in the second quarter were up significantly over the same period last year.
Bloomberg reported that first quarter United Kingdom coal purchases from the US rose over the same period last year.
Bloomberg reported that lower demand caused UK coal inventories to fall significantly.
Bloomberg reported that three consecutive annual losses caused shares of UK Coal (LON:UKC) to drop the most in nine months.
Bloomberg reported that profits for UK coal plants rose in response to predictions that some energy will be diverted to Japan.
Metallurgical coal producer Western Canadian Coal Corp. declared that a UK court approved its acquisition of diversified mining company Cambrian Mining Plc. For full story, click here
The boss of Britain’s leading producer, UK Coal declared that growing concerns about Britain’s future energy security are putting coal back on to the centre stage. For full story, click here
Shares of UK Coal PLC are flat today after an initial 10 percent gain yesterday on word the U.K. government plans to put wind farms in abandoned coal plants across the country. For full story, click here
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