SOURCE: Industrial Info Resources

May 05, 2008 06:30 ET

Global Coal Market Supporting U.S. Coal-Mining Expansion Plans, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - May 5, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Because of increased demand for Illinois Basin coal, Alliance Coal LLC, the operating subsidiary of Alliance Resource Partners LP (NASDAQ:ARLP), is moving ahead with mine capacity expansions and a new mine construction program. In 2008, this will primarily affect mines in Kentucky. Alliance CEO Joseph Craft said in a recent webcast that in general, the market for U.S. coal miners is good because of positive supply/demand dynamics in global coal markets.

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