Coal Prices Are Booming But U.S. Miners Struggle to Boost Output
- Miner Xcoal hasn’t declared forced majeure for any shipments
- Bottlenecks in global supply chain are hindering deliveries
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A labor shortage and reluctance to open new mines has left U.S. coal companies struggling to keep up with surging global demand.
“It’s very difficult for the coal industry to increase production,” Xcoal Energy & Resources LLC Chief Executive Officer Ernie Thrasher said Monday in a phone interview. “Everyone is working within the limits they have.”