Is PRB coal headed for gradual decline or sheer cliff?
(Source: WyoFile, January 7, 2020)
GILLETTE, Wyo. ó Despite the continuing downturn in U.S. coal and a bruising series of bankruptcies, thereíve been no recent permanent mine closures in the Powder River Basin. Itís a surprising outcome for a region thatís lost nearly 35% of its coal production and hundreds of jobs in the span of 10 years. Even the Eagle Butte and Belle Ayr mines resumed operations after a 2019 bankruptcy resulted in temporary closures, offering some sense of stability in a region heavily dependent on coal mining. The reprieve, however, may be short-lived.
Full story: www.wyofile.com
Friday, January 10, 2020
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