Category: Breaking news

CONSOL Energy Invests in CFOAM

CONSOL Energy recently acquired a 25% stake in CFOAM Corp. for $3.5 million. The company also provided a $1.1-million-term loan to CFOAM LLC for working capital and invested another $400,000 to acquire a first lien note,...

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Jennmar Launches XCAL

JENNMAR plans to rebrand TungsteMet as XCAL Industries, which manufactures tungsten carbide blanks. The company said it will also form XCAL Tools  to consolidate several lines, including JENNMAR McSweeney’s, JENNMAR SANSHELL,...

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SWEPCO Will Close Dolet Hills Power Plant

The Southwestern Electric Power Co. (SWEPCO) plans to retire the Dolet Hills coal-fired power plant in Louisiana by the end of 2026. This was part of an agreement with environmental organization the Sierra Club approved by the...

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Teck Increases Agreement With Ridley Terminals

Teck Resources Ltd. has expanded its commercial agreement with Ridley Terminals for shipping coal from Teck’s British Columbia operations. The agreement runs from January 2021 to December 2027, and increases contracted capacity...

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NorthWestern Will Purchase 25% of Colstrip Unit 4

NorthWestern Energy said it will file an application for pre-approval with the Montana Public Service Commission to acquire Puget Sound Energy’s (PSE) 25% interest, 185 megawatts of generation, in Colstrip Unit 4 for $1. In...

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Komatsu’s Dawes Will Chair MINExpo 2020

The National Mining Association (NMA) announced that Jeffrey Dawes of Komatsu will chair MINExpo INTERNATIONAL 2020. A longtime leader within Komatsu and the industry, Dawes is vice president of Komatsu’s Global Mining Business...

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Teck, CN Reach Rail Shipping Agreement

CN and Teck Resources Ltd. announced a long-term rail agreement for shipping of steelmaking coal from Teck’s four British Columbia operations between Kamloops and Neptune terminals, and other West Coast ports. The agreement runs...

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Vale Will Shutter Mozambique Coal Operations

Brazil’s Vale SA will place its Mozambican coal operations on maintenance for three months, which accounts for about one-third of the southeast African country’s export earnings. Mozambique exported $1.7 billion worth of the...

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Top 10 Coal Producing States & Regions

Week Ending 11/30/2019
(in Thousand Short Tons)
 YTD '20YTD '19% Change
West Virginia85,65387,816-2.5
North Dakota24,35927,239-10.6
New Mexico14,0639,48148.3
Appalachian Total179,011184,438-2.9
Interior Total120,803125,806-4.0
Western Total349,211382,449-8.7
U.S. Total649,025692,693-6.3

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