FacebookTwitterLinkedInEmailPrint分享Mining.com:US domestic demand for thermal coal will fall in the near term as individual states shut down much of the industrial economy to try and stem the coronavirus pandemic, and as slowing economic activity cuts US electricity demand in the second quarter of 2020, Moody’s Investors Services said Thursday in a research note, adding that it expects an unprecedented shock to the global economy in the first half of 2020.The outlook for coal-fired power plants in the US has darkened over the past few months, Moody’s said, particularly for coal plants in the Mid-Atlantic and the industrial Midwest. These coal plants have been economically challenged for the past few years, generating minimal to negative cash flows. The developments in the past few months have conspired to push them into an even more perilous position, Moody’s asserted.Meanwhile, environmental, social and governance-related (ESG) issues with respect to the coal industry have eroded access to capital for US coal companies, Moody’s noted. Equity and debt trading levels for coal companies have worsened substantially from a trifecta of factors. Moody’s highlighted a weakening export market in the second half of 2019, multiple announcements that major investors would divest coal-related holdings, and the broader weakening that occurred with the global spread of the coronavirus in March 2020.Coal companies have also struggled with recent adverse political developments, including a revised approach to black-lung liabilities that would require them to post more collateral during a weakening market environment, and a recent US Federal Trade Commission ruling against Arch and Peabody’s joint venture in the Powder River Basin that would have helped these compete against alternative fuels.Export thermal markets will continue to fall in 2020, Moody’s said, rather than helping rescue domestic thermal coal producers from weakening domestic demand like in 2017 and 2018. While some producers still have contracts established during stronger market conditions, and cash costs vary significantly for each mining operation, coal pricing in Europe will not support a continuation of US exports at 2019 levels, which were themselves down 20% from 2018 levels.While thermal coal prices continue to decline, demand for metallurgical (met) coal used in steelmaking remains uncertain – with clear downside risk.More: ESG issues limit U.S. coal industry’s resistance to pandemic – report Moody’s: Problems mounting for U.S. coal industry
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The Oldenburg Academy Twisters posted a 14-1 victory against The Morristown Yellow Jackets in Varsity Baseball play to improve to 7-10 on the season.OA Batting: Nick Bischoff 4-4, 3 runs, 2 doubles, 3 rbi; Chase Hogg 2-4, 2 runs, rbi, sb; Dalton Mooney run; Sam Gast 1-4, run, rbi; Tanner Alley 1-3, bb, rbi; Aaron Huber 2-3, run, bb; Tyler Hesselbrock 2-4, 2 runs, sb; Zach Pottschmidt 1-3, 2 rbi; Ian Dickey 2-3, 3 runs, rbi; and Bryce Ahaus 0-2, run, sac bunt.OA Pitching: Zach Pottschmidt 5 IP, 1 unearned run, 2 hits, 7 k, 3 bb. Win.OA’s next game is on Tuesday, May 17th against South Decatur.Courtesy of Twisters Coach Doug Behlmer.
Andy Carroll maintains he has enjoyed every minute of his season-long loan at West Ham but the long-term future of the England forward remains unclear. However, with parent club Liverpool set to be holding out for a £17million, while Newcastle and Monaco are also said to be monitoring the situation, the Irons are set for some tough dealings if they are to secure the striker for next season.. Carroll, 24, will also have to consider his own wage demands at any new club, as well as the likely opportunities of regular European football to further push his international career. Nevertheless, the Gateshead-born forward had nothing but praise for the time spent at the Boleyn Ground, adding: “I have just tried to play my best in every match, score goals and keep myself fit once I got back from the injuries I had, and then push on from there. “The West Ham fans have been brilliant – they were chanting my name all through the match (against Reading), they never stopped and I thank them for the way they have supported me here from the moment I arrived. “I have worked hard to get myself back in the England squad, trying to play my best for West Ham, so I am really pleased about that. I just have to make sure I keep playing well to stay in there. “I have had a great season here at West Ham, really enjoyed being part of a great set of lads in the team, with the staff around us and the fans. “Everyone has been so welcoming to me and I have been over the moon to be here. This is a great club.” Press Association Despite only scoring seven goals, the 6ft 3ins striker proved a popular signing and earned a recall to the England squad for the friendlies against the Republic of Ireland and Brazil. Speaking on the club’s official website, Carroll said: “I have enjoyed every minute of being here.”