ILLINOIS CONTAINER COAL MANUFACTURING DOWN GREATLY IN Q4

Fourth-quarter coal manufacturing in the Illinois Basin decreased significantly, down 18.6% from the prior quarter as well as down 26.8% from the year-ago quarter, according to Mine Safety and also Wellness Management information.

With a lot of mines reporting, complete production in Q4 concerned 25.6 million st, the most affordable quarterly overall since the 4th quarter of 2009, when production completed 24.9 million st.

For the year, coal production in the container completed 122.7 million st, down 10.6% from 2014. It was the most affordable annual total amount since 2011, when the container's mines created 116.5 million st.

The Illinois Basin is composed of mines in Illinois, Indiana and also western Kentucky.

The aggressive rationalization in Q4 revealed most mines with double-digit portion declines from the previous quarter.

The container's most significant mine in terms of heaps created, Foresight Power's Sugar Camp mine, generated 2.3 million st in Q4, down 14% from the previous quarter and down 13.4% from the year-ago duration.

The second biggest, Partnership Coal's River Sight mine, created 2.1 million st in Q4, down 11.2% from Q3 as well as down 12.9% from last year.

Bear Run, Peabody Energy's largest IB mine, generated 1.7 million st in Q4, down 13.5% from the prior quarter and also down 18.9% from 2014.

A handful of mines did show production increases in the quarter. ATMP 's Hamilton No. 1 mine, formerly known as White Oak, generated 1.7 million st in Q4, up 43.6% from the previous quarter as well as up 66% from the year-ago quarter.

Murray Energy's New Period mine, part of the Galatia complex, created 923,000 st in Q4, up 46.2% from the prior quarter but down 40.2% from the year-ago duration.

Among the area's newest mines, Rhino Energy's Pennyrile mine, created 219,000 st in Q4, down 4.4% from the prior quarter however up 97.6% from 2014.

For the basin's biggest manufacturers, complete manufacturing in 2015 for Alliance amounted to 35.1 million st, up 4.6% from in 2014; Peabody created 20.8 million st in 2015, down 16.6% from in 2015; Foresight generated 20.1 million st in 2015, down 11.7% from in 2014; and Murray generated 10.3 million st, down 24.9% from in 2015.
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