EKPC seeks coal for 2020, 2021

EKPC seeks coal for 2020, 2021

East Kentucky Power Cooperative (EKPC) is seeking up to 480,000 short tons (435,456 metric tonnes) of coal for 2020-21. The Kentucky utility cooperative issued two requests for proposals (RFP) yesterday for its Spurlock Power Station. One solicitation seeks up to 10,000 st/month of coal for units 1 and 2 and the other is seeking up […]

Arch, Peabody to combine western US coal assets

US coal producers Arch Coal and Peabody Energy today announced they will combine their Powder River basin (PRB) and Colorado assets into a joint venture. Increased competition in thermal coal markets require companies to increase efficiency, drive down costs and reduce future capital requirements, said John Eaves, Arch’s chief executive. “It is hard to envision […]

Near-term North America coal outlook stable

Moody’s has kept its short-term outlook for the North American coal industry stable, primarily supported by steady metallurgical coal prices. It says thermal coal demand remains in secular decline. According to a research note, Moody’s expects flat to slightly lower EBITDA for North American coal miners through mid-2020, but any negative outlook signals, such as […]

Warrior Met Coal mines quarterly record of met coal

Alabama-based Warrior Met Coal produced a record amount of metallurgical coal in the first quarter. The company produced a record 2.3mn st of met coal, which is used in steel manufacturing, in the first quarter of 2019, up 9.5pc from the 2.1mn st produced during the same period of last year. Warrior’s quarterly tons sold […]

Paringa starts shipping coal from Kentucky mine

Coal producer Paringa Resources has started shipping product from its Poplar Grove mine in western Kentucky. The company said it loaded 1,500 short tons (1,360 metric tonnes) of coal onto barges at its Ainsworth Dock on the Green river on 26 April. The coal was shipped to customer Louisville Gas & Electric and Kentucky Utilities. […]

Arch Coal reports record coking coal margins in Q1

Arch Coal sold 20.62 million st of coal in the first quarter of 2019, down 13.9% from 23.95 million st in Q4 2018 and 12.8% from 23.66 million st sold in the year-ago quarter, due to a sharp drop in Powder River Basin shipments, but were offset by record margins in its coking coal segment, […]

Trump executive order could pave way for Washington coal port terminal

CHEYENNE — An executive order from President Donald Trump that could help pave the way for coal exports garnered praise from Wyoming leadership this week. But critics see it as a way to lessen local control over issues of water quality in favor of industry’s bottom line. One of the executive orders Trump signed Wednesday […]

Coal Exports: The Trump Administration and Western States Take Action to Open Ports for Shipment of Coal

On April 10, 2019, President Donald Trump signed an Executive Order seeking to address permitting and policy obstacles preventing the export of coal and other energy resources through West Coast ports. New port facilities and improvements have been halted or delayed by state, local and tribal governments in California, Washington and Oregon.[1] The Executive Order […]

Daines, Barrasso reintroduce bill to jump start West Coast coal dock

WASHINGTON, D.C.- Republican Sens. Steve Daines and John Barrasso are reintroducing legislation to move forward a stalled Washington state port that would handle Montana and Wyoming coal. The bill aims to amend a section of the Clean Water Act, which would limit regulators’ review of projects. The Washington state Department of Natural Resources cited this […]