Core Natural Resources (CNR) Gains Amid a Coal Renaissance
The share price of Core Natural Resources, Inc. (NYSE:CNR) surged by 12.45% between October 3 and October 10, 2025, putting it among the Energy Stocks that Gained the Most This Week.
Core Natural Resources, Inc. (NYSE:CNR) is a world-class producer and exporter of high-quality, low-cost coals, including metallurgical and high calorific value thermal coals.
Core Natural Resources, Inc. (NYSE:CNR) shot up this week after Jefferies analyst Christopher LaFemina upgraded the stock from ‘Hold’ to ‘Buy’, while also increasing its price target from $90 to $125. According to the analyst, America’s thermal coal demand has increased by 15% over the last year following President Trump’s push to help revive the dying industry.
Meanwhile, analysts at UBS also hiked their price target for Core Natural Resources, Inc. (NYSE:CNR) from $89 to $105.5, while maintaining a ‘Buy’ rating on the stock.
The White House recently announced plans to open 13 million acres of federal lands for coal mining and provide $625 million to expand power generation from coal, in addition to instructing the Environmental Protection Agency to ease regulations on water and air pollution to help extend the lifetimes of coal power plants.
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Close Coal? Increase Both Rates and Risks
By Frank Clemente and Fred Palmer; Coal is the Cornerstone LLC
Frank Clemente
Fred Palmer
The adverse consequences of closing coal power plants are not only domestic but international as well. The energy world is abuzz with how much electricity data centers will need. While the US dithers about where to find power to support them, China, its chief economic competitor, is building a reliable and inexpensive energy system anchored by highly efficient Supercritical coal plants with ever decreasing emissions. China is openly seeking to become the dominant leader in Artificial Intelligence and is constructing the energy infrastructure to do so. Many states in the US are telling data center planners to “ Bring your own electricity because the grid cannot meet your needs”. The US has the lead in AI now but in coming years where do you think power hungry data centers will be built?
Thus, reality in five easy quotations:
(1) Demand: “EIA Forecasts record-breaking electricity usage in the coming years…The US is on the verge of unprecedented electricity consumption…The proliferation of AI technologies is reshaping the energy landscape.” Energy, Oil & Gas Magazine
(2) Reliability: “Additional coal-fired generator retirements… have caused a sharp decline in anticipated resources … new generation is insufficient to make up for generator retirements and load growth”. National Electric Reliability Council
(3) “Prices: “Retail electricity prices have increased faster than the rate of inflation since 2022, and we expect them to continue increasing... Parts of the country with relatively high electricity prices may experience greater price increases than those with relatively low electricity prices.” US Department of Energy
(4) 2025 Polar Vortex: “Coal-fired power plants dramatically increased their output… wind and solar underperformed (and) natural gas prices spiked from under $2/MMBtu in November to nearly $30/MMBtu…. coal’s stable fuel cost around $2.50/MMBtu…. without coal-fired generation, prices could have soared to over $400-$650/MWh” Energy Ventures Analysis
(5) Trump - $625 million for coal: “These funds will help keep our nation’s coal plants operating and will be vital to keeping electricity prices low and the lights on without interruption”. U.S. Secretary of Energy Chris Wright.
Unfortunately, misguided energy policies have already done significant damage to America’s power system and Trump’s tenure ends in 39 months. For over a decade the United States has cavalierly closed productive coal power stations with very little concern about electric rates and reliability. The chickens are now coming home to roost..
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Coal in a Fight Against the Free Market
Will the promise of “clean, beautiful coal” deliver for Montana, or has the Powder River Basin been sold a bag of beans?
It’s a question weighing heavily on coal country and the communities it supports after the largest federal auction of a coal lease in the past decade produced deeply disappointing results.
Navajo Transitional Energy Co. was the only company to bid last week on the lease in southeast Montana, offering just $186,000 to lease 167 million tons of coal — less than a penny per ton.
The result was so underwhelming that federal officials immediately canceled a coal lease sale in Wyoming that had also been scheduled for last week.
The news outlet WyoFile reported that market analysts were stunned by the Montana bid. The last major sale in 2012 totaled $793 million at about $1.10 per ton.
Interior Department officials blamed the lowball bid on energy policies that favor renewables. They said President Donald Trump would ultimately unleash “American energy dominance.”
But industry experts suggest the problem is more complex than politics. Natural gas is a cheaper option, and demand for wind and solar alternatives has increased as the technologies become more efficient. Meanwhile, the nation’s arsenal of coal-fired plants is being shuttered as they reach the end of their life cycle — hundreds of coal power plants have closed over the past decade, with many more set to retire in the coming years.
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Komatsu has announced the arrival of a P&H 2100BL electric rope shovel to serve as a landmark at its Elko, Nevada, campus. A symbol of engineering excellence and mining innovation, the shovel has been relocated from Milwaukee, Wisconsin, to serve as a monument to the legacy of P&H Mining Equipment and that company’s long history of manufacturing in the U.S.
The P&H 2100BL, manufactured in 1979, has played a significant role in mining operations for more than four decades. Now standing prominently in front of the Elko facility, the machine is as tall as a five-story building and weighs over one million pounds. Its visibility from I-80 makes it a striking testament to the industry’s progress and the impact of Komatsu’s equipment in the mining sector.
P&H 2100BL electric rope shovel at Elko, Nevada campus
“The P&H 2100BL electric shovel is a remarkable piece of engineering. Its journey from Milwaukee to Elko marks a significant moment in our company's history,” said Tom Suess, Komatsu’s Vice President and General Manager for U.S. Mining Distribution. “This machine will now be prominently displayed in front of our Elko facility, symbolizing the evolution of mining technology, the enduring legacy of P&H Mining Equipment, and Komatsu’s deep connection to and pride in being part of the Elko community. We are excited to share this iconic shovel with the community and celebrate its past and future contributions to the industry.”
Komatsu’s Elko service center is a state-of-the-art facility and regional hub for mining and construction support. Since initiating development of the site, Komatsu has invested a total of $57 million to build and expand the facility in response to customer needs. The service center, which officially opened in 2019, is equipped to service haul trucks, hydraulic shovels, electric rope shovels and other mining support equipment. In 2023, Komatsu further reinforced its presence in Elko with the addition of a 50,000-square-foot warehouse, enhancing parts availability for local mining and construction operations.
To continue reading, click here to view the full article on CoalZoom.com.
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Former FERC Chairman Mark Christie Warns the Electricity Crisis is Here
No one has sounded the alarm louder about the nation’s eroding grid reliability than former Federal Energy Regulatory Commission Chairman Mark Christie.
We recently had the opportunity to sit down with him to discuss reliability, surging power demand and the urgent need for more dispatchable generating capacity. His timely remarks came as debate rages about the electricity supply crisis and how to meet it. For Christie, the newly announced director of the College of William & Mary’s Law School’s new Center for Energy Law & Policy, years of warnings have now come to a head with remarkably little room for error. As he said, “the crisis of reliability is no longer over the horizon…the crisis is across the street.”
With power demand now soaring from data centers, Christie warns that the nation’s wholesale electricity market structures, “aren’t even remotely capable of meeting it.”
“The reality is, we have to have these dispatchable generating resources,” he says. “And we don’t just need to keep the ones we have, we’ve got to build a lot of new ones.”
Below is the full interview, that covers everything from soaring demand to fuel security and the importance of dispatchable power:
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