The world’s largest private coal mine bankruptcy warning issued

Date: 2016-4-1
The world’s largest private coal producers Peabody recently warned that the company may go bankrupt, this is undoubtedly a new signal now into a difficult dilemma of coal industry. Damien Harris Jersey Data show that today’s Peabody continued operation of the number of employees 7600 people. Peabody energy released earnings data show that in fiscal year 2015, the company 787 million losses from a year before the dollar expanded to $2 billion, operating income fell 17% to $5 billion 600 million. AIR HUARACHE Mainly because the price of coal and sales are down. Adidas Yeezy 350 Homme Noir Peabody warned that due to the U.S. Donne Scarpe Air Jordan 14 public sector reduces the use of coal, and Shanghai, the market for coal demand is declining, the company operating income will decline further. asics lyte 5 uomo Adversely affected by the news, Peabody No. 16 in intraday trading shares fell nearly 50%. Scarpe Air Jordan Xxx In the past two years, the cumulative price decline of 98% Peabody energy. Air Jordan Retro 12 In recent years, the coal industry is facing a lot of difficulties, including the Obama administration is committed to cutting greenhouse gas regulatory measures for the coal industry to bring the negative effect and so on. The coal industry will be called “Obama’s regulatory initiatives launched the war on the coal industry.” Although the survey of the new regulatory initiatives in the United States Supreme Court, but the industry is still facing the impact of many unfavorable factors, including natural gas price decline, the slowdown of economic growth in China. Midseason Arches Veste Chinese is mainly exported to the United States in coal. Under Armour Curry 3 In addition, as the second largest coal reserves in the United States, they also filed for bankruptcy in January this year. Timberland Enfant The environmental protection group said, even bankruptcy of coal mining enterprises, but still adhere to the implementation of the new regulations.