Coal news and updates

Coal prices are holding steady as global politics drive up the demand for what were once known as black diamonds, but in recent years have fallen on dark times.

 

For the past four weeks, prices per short tonne have remained even, as power companies reignite coal-fired plants, manufacturing ramps up and the coal war between China and Australia enters its ninth month.

 

The Street hasn’t failed to notice coal companies’ changing fortunes. Three major coal producers saw their shares move within pocket change of 52-week highs Wednesday afternoon.

 

Source : https://capital.com