Coal miners rise after Trump directs Energy Department to issue funds to coal plants
ReutersFeb 12, 2026 1:30 PM
Shares of U.S. coal miners rise premarket
President Donald Trump ordered the Defense Department late on Wednesday to purchase electricity from coal-fired power plants in his latest effort to boost the coal sector
The move calls for the Pentagon to form purchase agreements to buy electricity from coal-fired power plants for an unspecified amount
Trump said the Energy Department will provide six coal plants in Kentucky, North Carolina, Ohio, Virginia and West Virginia with $175 million for upgrades
Peabody Energy BTU.N rises 5.4% and Hallador Energy HNRG.O climbs marginally
Warrior Met Coal HCC.N up 2.3%
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