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U.S. coal consumption ‘will be crushed in 2020’—Moody’s

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Bloomberg: Earnings for North American coal miners may plunge by more than half this year as the coronavirus pandemic makes a weak market even worse, according to Moody’s Investors Service. “Coal consumption will be crushed in 2020,” analysts led by Benjamin Nelson wrote in a report Sunday. “We expect a sharp and sustained slowdown in […]

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