South Korea’s six older coal-fired power plants will be retired by 2021, a year earlier than previously planned...
South Korea is one of the primary markets for US coal exports.
The news for US coal producers just keeps getting worse.
In the US - documents from the Murray energy bankruptcy filing show predictions of rapid decline in sales.
A presentation prepared in September for potential financiers of the reorganization shows the company's key business plan assumptions project coal sales of 54.2 million tons in 2019 but estimates the company's tonnage falling to as little as 32.6 million tons, a 39.9% drop in volumes, by 2028.