These infrastructure constraints, combined with a downward revision to estimates of recoverable coking coal volumes on the RTCM tenements, have led to a reassessment of the overall scale and ramp up schedule of RTCM, and consequently to the impairment announced today. (politics.co.uk)
It was reported that according to Union Pacific that its US export coal volume jumped to 5.2 million st in 2011, a 271.4 % increase over its 2010 total of 1.4 million. (sourcewatch.org)
Adani has to keep the project alive to avoid recognising the loss of the money its spent so far, and admitting that coal volumes at its Abbot Point port will be far lower than planned. (johnquiggin.com)