China and the United Kingdom Expected to Be Major Importers of Coal in 2013
RDInvesting Provides Stock Research on Natural Resource Partners and Walter Energy
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 03/18/13 -- The U.S. coal industry has endured some major struggles over the past few years. Tighter regulations on emission and increased competition from cheap natural gas have been major factors in the coal Industry's sharp decline. The Market Vectors-Coal ETF (KOL) has fallen over 30 percent in the past year. Research Driven Investing examines investing opportunities in the Coal Industry and provides equity research on Natural Resource Partners LP (NYSE: NRP) and Walter Energy, Inc. (NYSE: WLT).
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While domestic demand for coal has dwindled, foreign demand for coal looks to be on the rise. In 2012, China was the largest importer of coal with a total of 290 million tons, a year-over-year increase of 59 percent. Through the first two months of 2013 China imported 53.85 million tons of coal, an increase of 34.3 percent when compared to a year ago, according to customs data.
The United Kingdom is set to become more dependent on foreign coal after two major coal producers, UK Coal and Scottish Coal, announced mine closures earlier this month. According to a recent Reuters article, traders have stated coal imports are likely to see an increase of 70 percent due to the closures.
Research Driven Investing releases regular market updates on the Coal Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
Natural Resource Partners L.P. primarily owns coal, aggregate and oil and gas reserves across the United States that generate royalty income for the partnership. Despite a very weak coal market" the company reported record revenues of $379.1 million for the full year 2012. Shares of Natural Resource Partners have surged nearly 25 percent in 2013.
Walter Energy's wholly-owned UK operations are all located near the town of Neath in South Wales. The high quality anthracite coal produced in the UK operations is sold to nearby customers, including the Aberthaw Energy generation plant and the Port Talbot Corus Steel Works. The company has the capacity to produce in excess 15 million metric tons of high quality met coal when market conditions warrant.
Research Driven Investing has not been compensated by any of the above-mentioned publicly traded companies. Research Driven Investing is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
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Datum: 18.03.2013 - 07:20 Uhr
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