One would be hard-pressed to find optimism in today’s US coal industry, but even as the country’s exports fall and the fossil fuel’s importance in the energy mix diminishes, there are some flickers of hope for the industry facing seemingly ever-darkening fundamentals.
Doyle Trading Consultants executive VP Hans Daniels told Mining Weekly Online in an interview Friday there was quite a lot of pessimism in the market at the moment, with no material improved outlook on the horizon for US coal.
