Sentences with phrase «in coal prices»

But, it says, it is reviewing the pace at which it progresses those projects after recent falls in coal prices and the Australian dollar's ongoing strength.

This split drove a huge rally in coal prices, with supply and demand out of balance.

The resulting plunge in coal prices has turned into hard times for global coal miners.

Many investors wanted to see a recovery in the coal price before buying coal mining stocks.

Worldbank and the Energy Information Administration (EIA) are both forecasting a slight increase in coal prices in 2017 as supplies dwindle and consumption inches up.

Coal, which is in wide use for power generation in China, has always been cheaper than renewables, but the 40 - 60 percent decline in coal prices over the past few years hasn't dented growth in China's renewable energy business, he noted.

According to analyst Andreq Quail, the huge surge in coal prices has forced Goldman's hand.

However, those cutbacks have proven to be much more severe than expected, prompting a rally in coal prices beyond what anyone had imagined.

It found that the use of highly efficient technologies such as USC would provide better economic returns in any coal price scenario (US$ 60 / tonne, US$ 80 / tonne, and US$ 100 / tonne), and that the electricity produced by USC plants is cheaper and more affordable than the electricity produced with other conventional technologies.

The slump in coal prices has driven at least two dozen coal companies into bankruptcy in the last three years alone, including major producers like James River Coal and Patriot Coal Corporation, after many of the worst performers — who betted on an upturn that never came — made acquisitions and borrowed heavily.

Prices will continue to depend largely on China; as a consequence, the structural reform of the Chinese coal industry is key to the evolution in coal prices.

But the sharp drop in coal prices, under competition from cheap natural gas, and a string of bankruptcies among leading US coal companies has inadvertently revealed the coal industry's continued support for climate denial - even as oil companies moved away from open rejection of the science.

Even more comforting is the conclusion that when such increase in coal prices works its way through the Chinese economy, the net impact on its GDP (at 2007 levels) will be a mere 0.07 % decrease.

Last year Banks made an operating profit of 18 million pounds ($ 22 million), down from 27 million pounds the previous year because of a fall in the coal prices.

This was in part due to steady declines in coal prices, which have declined by more than 50 percent since 2011, as well as an instance where local women and children formed a human blockade around its La Francia coal mine.

With many coal mining companies seeking for Chapter 11 bankruptcy, Arch Coal may also join the list considering its current debt and coal market conditions The fall in coal prices has caused many mining companies including Walter Energy, Inc. (OTCMKTS: WLTGQ), Alpha Natural Resources, Inc. (OTCMKTS: ANRZQ), Patriot Coal Corporation (OTCMKTS: PCXCQ) and others to file for chapter 11 bankruptcy.