Cloud Peak to Ship PRB Coal to Japan

Cloud Peak Energy Logistics (CPEL), a subsidiary of Cloud Peak Energy, has entered into a coal export sales agreement with JERA Trading Pte Ltd. (JERAT), a trading company based in Singapore. Shipments are expected to begin as early as the end of 2019 and continue for a period of 30-40 months, reaching up to 1 million metric tons (mt) in the final contract year.
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Judge Dismisses MEC Defamation Lawsuit Against HBO

On February 21, Federal Court Judge Jeffrey Cramer threw out a defamation case filed by Murray Energy Corp. (MEC) against Home Box Office Inc. (HBO) and “Last Week Tonight With John Oliver” host John Oliver that stemmed from a broadcast that criticized the coal industry and MEC and its CEO Robert Murray specifically.

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DOI Gives Out $300 Million to Reclaim Abandoned Coal Mines

On February 24, the Department of the Interior’s Office of Surface Mining Reclamation and Enforcement (OSMRE) announced the availability of $300.7 million in Abandoned Mine Land (AML) Reclamation grants to 28 coal-producing states and tribes to reclaim abandoned coal mines.

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Anglo American Completes Sale of Drayton Coal Mine

On February 26, Anglo American plc (Anglo American) announced the completion of the sale of its 88.17% interest in the Drayton thermal coal mine and Drayton South project located in New South Wales, Australia, to Malabar Coal Ltd. It originally announced the sale and purchase agreement in May 2017.

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Murray Kentucky Energy Buys Western Kentucky Coal Resources

Murray Energy Corp. (Murray Energy) announced it has completed a merger resulting in Murray Kentucky Energy Inc., (Murray Kentucky) acquiring a 100% ownership interest in Western Kentucky Coal Resources LLC. Murray Kentucky previously held a 51% common equity ownership interest in Western Kentucky.

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