Cloud Peak is facing near-term challenges because of rail capacity issues and a mild summer.
Arch faces pressure from seaborne metallurgical market overcapacity and domestic rail issues.
Peabody continues to face near-term headwinds from global oversupply and domestic rail issues.
Through its alliance partners, Renault's results should benefit from global growth markets.
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.
Alpha operates in a cyclical commodity industry. Abnormal profits will attract competition, eroding returns in the long run.Most of the factors that drive Alpha's success are not in the company's control: commodity prices, transportation, and environmental policies. Adverse changes in conditions