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Evaporating thermal demand a blow to PRB mining

The decline of power utility demand for thermal coal will not only impact producers in the Powder River Basin of Wyoming and Montana, but also ripple across all US coal basins, Moody’s Investors Service says.

Evaporating thermal demand a blow to PRB mining Evaporating thermal demand a blow to PRB mining Evaporating thermal demand a blow to PRB mining Evaporating thermal demand a blow to PRB mining Evaporating thermal demand a blow to PRB mining

Moody's sees a significant decline in domestic US demand for thermal coal

Demand for coal from US utilities will have eroded significantly by 2030, driving the ongoing contraction in the coal industry and increasing utility reliance on exports, the agency said.