SUGAR LAND, TX — (Marketwire) — 12/20/12 — Researched by Industrial Info Resources (Sugar Land, Texas) — continue to slash capital spending for 2013, especially in the U.S. coal sector, which has lost significant market share among power generators. Low natural gas prices and a warmer-than-normal winter season have combined to reduce U.S. coal consumption in 2012. As a result, many mining companies have announced significant production and capital expenditure scale-backs for 2013.
Other companies featured: (NYSE:BTU), (NYSE:BHP), (NYSE:RIO)
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