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

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