U.S. Coal Export Capacity Growing

Reuters Africa reported that coal companies want to increase coal export capacity in the US to serve overseas markets.

The market news is quoted as saying:

U.S. coal exports have bounced between 3.6 and 13.7 percent of total U.S. coal mined in the past 50 years. Analysts say exports could reach 200 million short tons a year, or about 20 percent of U.S. production, if trends hold. U.S. coal exports have bounced between 3.6 and 13.7 percent of total U.S. coal mined in the past 50 years. Analysts sayexports could reach 200 million short tons a year, or about 20percent of U.S. production, if trends hold.