SOURCE: Industrial Info Resources

Industrial Info Resources

November 15, 2016 07:30 ET

Texas Coal Mines Fading with the Market, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Nov 15, 2016) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Plans by Luminant Mining Company LLC, a subsidiary of the newly formed Vistra Energy Corporation (Dallas, Texas), to close the Oak Hill lignite mine near Henderson, Texas, are a prime example of the dwindling market for Texas lignite and the blight of the coal industry in general as it struggles against a rising tide of new renewable power sources and fuel switching to natural gas and Powder River Basin coal.

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