Arch Coal, Inc. (NYSE: ARCH) today reported second quarter 2017 net income of $37.2 million, or $1.48 per diluted share, compared with $51.7 million, or $2.03 per diluted share, in the first quarter of 2017
Mechel PAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports launching open coal mining at Dzhebariki-Khaya open pit in Yakutia. The deposit is worked by Yakutugol Holding Company AO, which is part of Mechel Group.
President Donald Trump in his first address to Congress highlighted his early actions on rolling back energy sector regulations and promised to make corporate tax overhaul a top priority.
Chinese government policy may continue to drive the coking market in 2017, after Beijing helped spark an unexpected price rally this year.
Mechel PAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports signing a memorandum for supply of the Elga deposit’s coal with China’s Jidong Cement, one of the world’s top five cement producers.
In January to September 2016, DTEK Group companies produced 22.3 million tonnes of coal (+4.1% YoY), generated 28.6 billion kWh of electricity (+1.7%)