The world price for coal is way up this year, which has had many companies rethinking current plans. One global mining company has reversed its emergency fire-sale, after its stock went up nearly 300 percent.
Another mining giant is back to paying dividends to investors, and yet another is plowing money back into mines. But can the price rally last? And what does it mean for U.S. coal mining companies, and their workers?
Click the audio player above to hear the full story.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.