Through its alliance partners, Renault's results should benefit from global growth markets.
Cloud Peak's pure-play exposure to the Powder River Basin is best positioned for recovering coal.
U.S. coal demand has been stagnant, as low natural gas prices and much stricter emission regulations and general regulatory uncertainty deter coal generation capacity investment.A glut of domestic natural gas production has depressed natural gas prices, hurting profitability for Consol’s natural
Arch is doing all it can to protect its balance sheet, but leverage remains a huge overhang.
Coal markets remain sluggish, but Peabody is well positioned for a rebound in demand.
Alpha has exercised great discipline in the face of feeble coal demand, but it may not be enough.
Yanzhou has no control over coal prices. Furthermore, it has limited control over production costs, which are determined by fuel, steel, and labor prices.Yanzhou's core mines are running low in very high-quality reserves. Growth will come from new mines that might not be as profitable as legacy
Most of the factors that drive James River's success are not under the company's control: commodity prices, transportation, and environmental policies. Adverse changes in conditions would curtail profitability.It's currently unprofitable to produce thermal coal in Appalachia. James River is one of
Most of the factors that drive ICG's success are not under the company's control: commodity prices, transportation, labor shortages, and environmental policies. Adverse changes in conditions would curtail profitability.A recent large-scale mine accident that claimed 29 lives may bring scrutiny from
Difficulty in finding new mining permits may curtail the combined company's growth plans in the long run.Through its metallurgical coal production, Alpha/Massey is exposed to economic cycles overseas. If China or India experienced a slowdown or recession, the firm's results would be hurt.U.S.