Total production in the CO/UT region is expected to fluctuate over the forecast with the timing of the loss of existing mine capacity and the development of new mines. Over half of the CO/UT production capacity from existing mines will gradually deplete reserves by 2028 and new mines will need to be developed.
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Global coal markets are facing extraordinary challenges and uncertainties. Factors such as global overcapacity, weakening demand and falling prices have created cautious investors. These factors have caused delays and cancellations of many mine and infrastructure projects, as well as lower growth rates at others.
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Commodity market report | Dec 2014
Colorado/Utah coal markets long-term outlook H2 2014
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