Times are as tough as they have ever been in the coal industry
Mining Engineering, 2016, Vol. 68, No. 3, pp. 18-18
It is safe to say that the coal industry, in the United States and globally, is currently suffering through one of the hardest times in its history.
A perfect storm of competition, changing energy demands, politics and public perceptions have collided, inflicting significant harm to the industry that many say is irreparable. This, in turn, has led to massive job losses in some regions, heavy cuts in production and even bankruptcy filings from two of the largest coal mining companies in the nation.
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