Anon Archived Fourth-largest coal producer in the US files for bankruptcy. But Trump! (arstechnica.com)
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Anon Archived Fourth-largest coal producer in the US files for bankruptcy. But Trump! (arstechnica.com)
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[–] 18626701? ago
https://archive.ph/GOC2D :
' Cloud Peak slipped from third-largest coal producer in the US to fourth-largest coal producer in 2018. '
'Correction: An earlier version of this story listed Cloud Peak as the third-largest coal producer in the United States. '
'Cloud Peak was one of the few major coal producers who escaped the significant coal industry downturn between 2015 and 2016. ', "Cloud Peak Energy, the US' fourth-largest coal mining company, filed for Chapter 11 bankruptcy late last week as the company missed an extension deadline to make a $1.8 million loan payment."
'But thinning margins have strained the mining company as customers for thermal coal continue to dry up. '
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