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US expected to lead global consolidation trend in coal
Published Thu, May 21, 2015 · 09:50 PM
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THE coal industry is expecting a wave of consolidation, led by the US market, as years of depressed prices take their toll, with no relief in sight.
The coal market has been in oversupply since 2012, after decisions in better times on expansions and new projects boosted global output, while demand failed to keep pace.
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