The news for the global coal industry has been painful of late. Coal prices have dramatically decreased nearly everywhere in the world amid considerable oversupply, inexpensive shale gas in the U.S., and various national-level environmental regulations. In recent years, China has been the boon for the coal world, but in 2014 the country’s consumption decreased 2.9 percent, although production notably still stood at a staggering 3.5 billion tonnes.

Read more: http://tinyurl.com/pfgxeay