U.S. coal companies rise as EU proposes banning Russian imports

Warrior Met Coal

05/04/2022 13:58

** Shares of U.S. coal companies rise in premarket trading 
after European Commission proposed new sanctions against Russia
over its invasion of Ukraine, including a ban on buying Russian
coal and on Russian ships entering EU ports
    ** Shares of Alliance Resource Partners  ARLP.O , Arch
Resources  ARCH.N , Peabody Energy  BTU.N , Warrior Met Coal
 HCC.N  and Consol Energy  CEIX.N  jump between 2.3% and 8.3%
    ** EU to impose import ban on coal from Russia, worth 4 bln
euros ($4.38 bln) per year - Head of the EU's executive, Ursula
von der Leyen   urn:newsml:reuters.com:*:nL5N2W3349
    ** EU to work on additional sanctions including oil imports,
adds von der Leyen

($1 = 0.9124 euros)

 (Reporting by Arunima Kumar in Bengaluru)
 ((Arunima.Kumar@thomsonreuters.com; Twitter: https://twitter.com/Aru_Kumar94))