Moody''s expects Powder River Basin coal mine closures in ...
Houston — Coal mined from the Powder River Basin, the most productive coalproducing area in the US, is expected to decline significantly next year and could pressure companies to close "at least a few" mines there in the early 2020s, Moody''s Investors Service wrote in a note issued Wednesday. Multiple bankruptcy restructurings and a planned joint venture between Arch Coal and Peabody Energy ...