Coal price spike reshapes industry

摘要

The sudden 2016 pricing spike in metallurgical (met) coal, and anassociated mini-rally in thermal coal, has radically transformedwhat was a severely challenged outlook for the industry.And coal company share prices are clearly telling the recoverystory. As the table shows, most major coal producers’ share priceshave rebounded strongly from their 2016 lows, including onespectacular leap above 600%.