US coal titan Murray Energy files for bankruptcy

clock • 2 min read

The firm's demise comes amid plummeting coal production, consumption, and export figures in the US, as the fossil fuel is undercut by natural gas and ever-cheaper renewables

Donald Trump's pledge to "end the war on coal" does not seem to have done the industry much good. One of the titan's of the US coal industry filed for bankruptcy yesterday, becoming the latest victim...

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