Emerging Asian Opportunities
As the fourth quarter begins, U.S. coal production is tracking about 3% less than last year. If that remained the case for the rest of the year, total U.S. coal production would be a little more than 763 million tons. Many of these numbers lag and a lot could change between now and the end of the year.
The news section opens this month with two bankruptcy reorganizations: Westmoreland Coal and Mission Coal. While they are two more casualties that are working to get their financial affairs in order, readers should notice a fair amount of good news in that section as well. A number of small and medium size producers have announced some good results and certain regions are seeing growth. Some of this growth is due to a buoyant export market.
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