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World Coal Association Statement on UK-Canada Coal Phase-Out Alliance

While some developed economies are choosing to move away from coal, it’s proving to be critical to many major emerging economies where it’s needed to power economic development.

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Westmoreland Coal and NACCO Industries Financial Contrast

Westmoreland Coal has a beta of 0.81, meaning that its stock price is 19% less volatile than the S&P 500. Comparatively, NACCO Industries has a beta of 0.34, meaning that its stock price is 66% less volatile than the S&P 500.

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U.S.-Poland Energy Deal Bucks Anti-Coal Trend

Polish coal trader Weglokoks is due to get its first ever shipment of U.S. coal after Donald Trump has promised Poland’s pro-coal government US energy. The move comes as 19 nations signed a coal phase-out deal.

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U.S. Coal Carload Volumes Down 1.7% on Week

U.S. coal carload volumes in the week ending November 11 slid 1.7% from the prior week as counts continued to trend below year-ago levels, the Association of American Railroads said Wednesday.

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Nuclear and Coal are Essential for Reliable Energy

Nuclear plants can run for about 18 months before refueling. Coal plants keep a 30 to 90 day coal supply on hand in case of supply disruption.

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South Africa Coal Strike Averted, For Now, While National Union of Mineworkers Studies New Offer

“There will be a plenary session on Monday. Depending on what the offer is, there’s a chance the National Union of Mineworkers would accept it,” said Livhuwani Mammburu, a spokesman for the union.

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Other News
Westmoreland Reports Second Quarter and First Half 2017 Results

Westmoreland Coal Company today reported revenues of $323.0 million from 11.0 million tons sold.

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President Trump: Putting Coal Country Back to Work

H.J.Res. 38 blocks an overly burdensome regulation that threatened the coal industry with millions of dollars in compliance costs, reduced coal production, and fewer jobs.

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