Coal jobs get a boost from exports

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Miners in Indiana and other states are rising slightly from the global market: American companies are shipping more coal to Europe and Asia, which helps to prevent the decline in mining activities in the United States for many years.

The latest job growth is contrary to the long-term decline in coal used by the US, because coal-fired power plants are being shut down to support cheap, abundant and cleaner natural gas plants.

Last year, the American power coal exports used by public utilities increased by 117% to 42 million tons. This not only offset the decline in the 11 million tons of coal used in the US power plant, but dropped to 6.675 million tons last year, down from 6.788 million tons in 2016 to 2016, and coal accounted for 30% of the US power generation in 2016 and 34% of natural gas.

The strong export market is turning into a bump in coal mine work. Last year, the coal company added nearly 1000 jobs to 60 thousand workers who lost mining work between 2011 and 2016, a trickle.

Alliance Resource Partners LP, a coal producer, plans to remine underground mines in the rural areas of Gibson County, India, closed in 2015. The mine hired 417 miners at the end of 2014.

“We see that other countries are building real coal-fired power plants,” Joe Craft, the Alliance chief executive, told analysts recently. “So we are expanding.”

Export opportunities come from tight global supply, attractive pricing in Western Europe and increased coal use in developing countries such as India. Last year, imports of us steam coal increased from 2 million 400 thousand tons last year to 6 million 800 thousand tons.

In contrast, the environmental regulations loosened by Trump management, and the popularity of the coal industry to boost confidence has directly affected the number of domestic coal use or exports, industry experts say.

Mines in the Illinois coal basin, including Illinois, Indiana and Western Kentucky, have been the most benefited, for several reasons. Mines there are often less expensive than the more serious mining areas in the Appalachian region.

Mineral company in the Midwest can also transport coal through rivers and export through the Gulf of Mexico, while ports on the east coast are often congested. Politicians and environmental organizations have prevented coal transportation from the west coast.

A major green coal project – Poplar Forest – is being built in Western Kentucky, and is expected to start transporting coal in the fall.

Mcclain county and Kentucky state judge executive Kelly Thurman said he is looking forward to the work, and to increase the coal tax revenue according to the discrete value of coal mining. The county pays for the new $120 thousand ambulance and pays for some new fire stations and new water supply systems by using the income from another coal mine opened in the past two years.

“We are one of the few attractions that really experience growth,” Mr. Mundy said. “We have great potential as a county government.”

The output of Poplar Grove is only half of its output to a power plant in Kentucky. But Grant Quasha, CEO of Paringa Resources Ltd., said the company will consider export opportunities. “The growth of international market demand is very positive,” he said.

Other companies say they also predict that the export of power coal will remain strong in 2018. The improvement in the global economy last year promoted the growth of 35% of metallurgical coal exports to make steel.

Stifel analyst Paul Forward said: “whether in terms of heat or metallurgy, the export market is the most interesting, and the only real growth game in the market.

According to the data of the mine safety and health administration, the number of coal miners increased to 82840 last year from 81883 last year. The data include contract miners and direct employees of the company.

Following the closure of the mine is expected this year may partially offset the mining amount of the latest, including in Pittsburgh Pennsylvania to the south of Green County, employing 370 miners underground coal mine.

The United States the largest underground coal mine company Murray energy company said, will export more this year, about 22 million 500 thousand tons, and 15 million tons last year.

“The world needs coal, we see growth,” said President Donald Trump’s support and economic supporter, executive president Robert Murray. “This is not just a matter of hiring people. This is the problem that keeps our mine alive now. ”

Miners in Indiana and other states are rising slightly from the global market: American companies are shipping more coal to Europe and Asia, which helps to prevent the decline in mining activities in the United States for many years.

The latest job growth is contrary to the long-term decline in coal used by the US, because coal-fired power plants are being shut down to support cheap, abundant and cleaner natural gas plants.

Last year, the American power coal exports used by public utilities increased by 117% to 42 million tons. This not only offset the decline in the 11 million tons of coal used in the US power plant, but dropped to 6.675 million tons last year, down from 6.788 million tons in 2016 to 2016, and coal accounted for 30% of the US power generation in 2016 and 34% of natural gas.

The strong export market is turning into a bump in coal mine work. Last year, the coal company added nearly 1000 jobs to 60 thousand workers who lost mining work between 2011 and 2016, a trickle.

Alliance Resource Partners LP, a coal producer, plans to remine underground mines in the rural areas of Gibson County, India, closed in 2015. The mine hired 417 miners at the end of 2014.

We see other countries being built.

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