US, China Tap Huge Coal Reserves

Al Jeratso 6 months ago Region: United States

US and China will continue to tap their coal reserves simply because they are in abundance and are much cheaper than oil imports. This means more coal-fired than gas-fired power plants will come on stream in the next two y... more

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Cleveland Cliffs Inc Mining to By Alpha Natural for $10b

Ground Report a year ago Region: Ohio

Cleveland Cliffs, an Ohio-based Iron and Coal company, will buy the mining company Alpha Natural Resources for $10 billion in cash and stock sources said on Wednesday. The combined company will have more than 60 coal mines... more

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