PRB coal demand and production continues
May 5, 2022
GILLETTE (WNE) — The coal production from Peabody Energy Corp. and Arch Resources Inc. through the first three months of 2022 aligned with the strong projections each company had for their Powder River Basin mines headed into the year, despite rail issues and other logistical challenges.
Their steady coal production comes amid an increased demand for thermal coal sold at higher prices that has carried over from last year.
But both companies have kept an eye on the short-term gains with the other fixed on the looming long-term downfall of the coal industry in the basin.
“I think we’ll...