Knox News: ...King Coal has made a remarkable recovery in East Tennessee since industry prices hit rock bottom in 2000 at $25 a ton, making mining too expensive for all but the operators with the deepest wells and pockets...
...more job postings are appearing seeking miners; and stock prices of major coal companies are 1,000 percent higher than eight years ago.
...The U.S. Energy Information Administration reports that China and India are a leading cause for rising coal consumption and will continue that role for years as they emerge into developed countries. China also has shifted from being a major exporter of coal into a major importer as its demand outpaces its supply.
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