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Once-hot coal piles up as demand cools

Posted on 30 July 2009

From WSJ: Mountains of coal are piling up along the winding roads of Central Appalachia, a boon to buyers and a bane to miners.

Coal companies centered in this region, which includes parts of Kentucky, Tennessee, Virginia and West Virginia, are seeing far fewer shipments to utility companies and steelmakers, resulting in contract renegotiations or cancellations for many of them………Full Article (Subscription Required) : Source


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