At Thursday’s council meeting, Minnkota Power Cooperative was approved for $15 million to fund a new gas capture system.
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North Dakota: Project Tundra Gets Go-Ahead With $15 Million From the Lignite Energy Council
Advanced Emissions Solutions to Acquire ADA Carbon Solutions; Provides Refined Coal Business Update and Reaffirms Capital Allocation Plan
Total consideration for this acquisition is $75 million, representing approximately 4.2x Adjusted pro-forma EBITDA. Click To Read More
Coal Prices Drops One-Third as China Shuts Door on Australian Imports Until 2019
China has shut the door on coal imports until at least next year, creating uncertainty in the Australian market, according to one industry analyst. Click To Read More
New Report Calls for International Commitment on Carbon Capture, Use and Storage
The report notes that with fossil fuels continuing to account for almost three-quarters of global energy for decades to come, there is an urgent need to ramp up international efforts on all low emissions technologies, including CCUS. Click To Read More
Montana Mines More Coal, Despite Tough Economy
Coal production through the end of September was at 27.6 million tons, a 7 percent increase from the same period in 2017, said Bud Clinch, Montana Coal Council executive director. Click To Read More
Southwest Virginia Company Expanding
A long standing Tazewell County, Virginia business is expanding and diversifying its product line. Click To Read MoreOther News
Report Cites Economic Development Opportunities at Abandoned Coal Sites in Appalachia
A new report shows that with a little innovative thinking, there can be life after coal by re-purposing abandoned coal mine sites. Click To Read More
Arch Coal Net Income Surges on Tax Benefit
Arch Coal on Tuesday reported an 80% surge in third-quarter net income to $123.2-million, or $6.10 a diluted share, helped by a $45.2-million tax benefit. The third-quarter net income compares with $68.4-million, or $2.83 a share, in the prior-year period Click To Read MoreForthcoming Meetings Major Coal Companies
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