Cloud Peak increasing exports to Asia

STRONG Asian utility demand and current pricing allowed the US coal giant Cloud Peak Energy to export 1.4 million short tons during the first quarter of 2018, and the company has signaled that it would be making further inroads into a market that has been historically dominated by Australian producers.

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Cloud Peak increasing exports to Asia Cloud Peak increasing exports to Asia Cloud Peak increasing exports to Asia Cloud Peak increasing exports to Asia Cloud Peak increasing exports to Asia

Cloud Peak is increasing its exports from US to Asia.

In its March quarterly report Cloud Peak said JERA Trading exercised its option to increase volumes by 20% under a long-term agreement for the supply of coal to two coal-fired integrated gasification