Foresight Exports More Coal

Foresight Energy is placing more coal sales internationally, mainly to Europe and Asia, as it looks to offset a “lackluster” steam coal market in the U.S. that could benefit greatly from a cold winter, according to Robert Moore, chairman, president and CEO of the St. Louis-based company.

Through the end of September, Foresight sent 3.4 million tons into the export market, up from 2.1 million in the year-ago period, Moore said. Foresight expects 2017 export volumes to exceed 5 million tons, he said.

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Alliance Sees Stronger Q4 Sales

Alliance Resource Partners is forecasting strong coal sales in the fourth quarter of 2017, with shipments possibly reaching 10.8 million short tons, as its Hamilton longwall mine in southern Illinois recovers from adverse geological conditions that hampered production during the third quarter. The Tulsa, Oklahoma-based company is sold out for 2017, and late this fall booked additional sales commitments of 2.5 million tons of export shipments and 1.2 million tons of domestic deliveries in 2018, according to Joe Craft, Alliance’s president and CEO.
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CONSOL Energy Prepares for the Upcycle

CONSOL Coal Resources, formerly Consol Energy, is preparing for the next coal upcycle as its longwall mines in Pennsylvania rebound from operational challenges during the third quarter. The coal company, spun off by CNX Resources Corp. on November 29, is expecting fourth-quarter production volumes to improve over the third quarter at its Bailey, Harvey and Enlow Fork mines in Pennsylvania’s Greene and Washington counties as they work through longwall moves and some adverse geological conditions.
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Mechel Signs Long-term Coke Export Contract With HBIS Group

Russian mining and metals company, Mechel PAO, has signed a memorandum on coke supply with HBIS Group Serbia Iron & Steel. According to the agreement, Moscow Coke and Gas Plant will supply up to 120,000 metric tons (mt) of coke products or some 30,000 mt quarterly. Supplies will be made January-December 2018. Prices will be determined on a quarterly basis following negotiations.

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EPA to Gather Input on Steps to Limit GHG Emissions

On December 18, the U.S. Environmental Protection Agency (EPA) issued an Advance Notice of Proposed Rulemaking (ANPRM) to announce it will solicit public input as it considers the next regulatory steps to limit greenhouse gas (GHG) emissions from existing power plants.

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