Analysis: U.S. coal companies struggle to cash in on Europe crunch
Written by Black Hot Fire Network on May 17, 2022
WASHINGTON, May 17 (Reuters) - U.S. coal producers are seeking to boost exports to cash in on soaring prices since Russia's invasion of Ukraine but face big headwinds including shipping bottlenecks, labor shortages, and a dismal long-term outlook discouraging investments in new mines.
The outlook means the United States, which holds the world’s biggest reserves of coal, is unlikely to play a major role in international . . .
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