Coal Demand Doldrums Put Damper on $11.6 Billion in Capital Expenditure Plans at U.S. Mines, an Industrial Info News Alert

SUGAR LAND, TX -- (Marketwire) -- 07/02/12 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Inexpensive natural gas, environmental regulations, reduced energy usage and high coal inventories at power plants are all factors that have had a negative impact on coal demand fundamentals in 2012. These factors are starting to impact capital expenditures at U.S. coal mines as a number of mine closures, production reductions and capital expenditure postponements have been announced by the nation's leading coal mining companies including Peabody Energy Corporation (NYSE:BTU) (St. Louis, Missouri), Arch Coal Incorporated (NYSE:ACI) (St. Louis), Alpha Natural Resources Incorporated (NYSE:ANR) (Bristol, Virginia) and CONSOL Energy Incorporated (NYSE:CNX) (Pittsburgh, Pennsylvania).

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle¬ô, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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