Articles Tagged "coal"

Further Layoffs for Central Appalachian Coal Mines

McGraw Hill Financial reported that the Central Appalachian coal industry's struggles continued as Walter Energy said it may soon lay off as many as 370 coal workers in Alabama, just days after Alpha Natural Resources said it cut down its workforce in its Kentucky and West Virginia operations by 71 employees.

Indian prime minister fails to Run Coal Trains on Time

  Bloomberg reported that the Indian Prime Minister’s plan to divert India’s economy from agriculture to manufacturing is being held up by a coal shortage. As quoted in the market news, Actually, there’s plenty of coal, just not enough trains to get it to the power plants. While about 200 railway convoys arrive every day [...]