Black Thunder Mine

More News and Commentary

Arch planning for Black Thunder mine’s closure as U.S. coal demand continues to shrink

S&P Global Market Intelligence ($): The owner of the second-largest coal mine in the U.S. by production volume is planning for the asset’s closure as retirement dates approach for several plants that burn much of the mine’s fuel. Coal demand in the U.S. has been declining for years, and Arch Resources Inc. announced Feb. 9 […]

February 24, 2021 Read More →

U.S. energy transition hits Powder River Basin as coal production falls, mines close

S&P Global Market Intelligence ($): A sharp decline in coal demand from the U.S. power sector is wreaking havoc on the Powder River Basin as mine operators in the region scaled back production during 2020 with few indications of improved prospects for volumes. Production in the country’s largest coal-producing basin fell 21.8% year over year […]

February 9, 2021 Read More →

S&P analysis sees more early retirements coming for U.S. coal-fired power plants

S&P Global Market Intelligence ($): Several power markets have reported a drop in electricity demand of 10% or more due to the stay-at-home orders of the COVID-19 pandemic and the associated economic recession. Furthermore, first quarter 2020 reports show coal usage and employment decreased significantly, and impacts are continuing into the second quarter. S&P Global […]

June 24, 2020 Read More →

Peabody, Arch form joint venture for their Powder River Basin coal assets

S&P Global Market Intelligence ($): A new joint venture rolled out by two U.S. coal giants will consolidate mining assets that produce more than a quarter of all the coal produced in the United States. Several industry observers have long called for the consolidation of the U.S. coal industry to help miners compete with the […]

June 20, 2019 Read More →

First quarter Powder River Basin coal production down 12.9% from 2018

S&P Global Market Intelligence ($): Powder River Basin coal production among the top producers fell 12.9% year over year in the first quarter after larger producers outlined plans to reduce output while others fight for market share in the struggling basin. While the top producers in the region produced 80.8 million tons of coal in […]

May 6, 2019 Read More →

Flat Demand Hits Arch Coal Hard

S&P Global Market Intelligence ($): Arch Coal Inc.’s stock price took a dive in early trading April 26 after the company said it is pulling back on thermal coal production in the Powder River Basin and ran into operational challenges in its metallurgical coal segment in the first quarter. Stock in the U.S. thermal and […]

April 27, 2018 Read More →

AP: U.S. Moratorium ‘Shakes Industry Stronghold’

Mead Gruver and Matthew Brown for the Associated Press: Lately the bumps for an industry that’s brought wealth and jobs to this town are getting bigger — bankruptcies of major producers, pollution rules that have made burning coal more expensive and the decline of a once-promising export market. Now, another threat has struck coal’s remaining […]

February 1, 2016 Read More →