China confronts the cost of dismantling the world’s biggest coal sector
Coal has been closely tied to the Communist Party’s history and to its efforts to transform China’s economy over the past decades.
Arch Coal Merger Consolidates Coking Space
Things were already looking tight in the coking coal world before Arch Coal (ACI) decided to pay $3.4 billion for International Coal Group (ICO). The deal pays International Coal shareholders a 32% premium over Friday's close and will create the...
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