Brief discussion of where the coal industry is headed since we last reviewed in March.
- Index of non-bankrupt domestic thermal coal companies has rallied 45% since the start of the year and 75% since the year's earlier lows.
- US coal production could dip to 784 million tons in 2016, the lowest level since 1983.
- US Bankruptcy Court for the Eastern District of Virginia approves Alpha Natural Resources' plan for reorganization.
Full Article Available on Seeking Alpha: Coal Review 5: Cyclical is as Cyclical Does