WSJ reported a few days ago: There had never been more than four...

WSJ reported a few days ago:

There had never been more than four coal IPOs a year since 1995 but at least half a dozen coal firms were now preparing or exploring US IPOs, the paper said.
US president Donald Trump’s support for the coal sector, limited production in China, mine closures in Australia and US production cutbacks have contributed to the rally in coal prices.
US-based coal companies’ ability to tap into both equity and debt markets is a major turnaround from 2016.
Peabody Energy Corp, which is making its way through chapter 11, and Blackhawk Mining LLC, a privately held coal miner, tapped the high-yield loan and bond markets last week aiming to raise more than US$2 billion in total debt, MarketWatch reported.
“It’s a coal renaissance. All these guys were dying on the vine,” Foxhill Capital Partners (a hedge fund that focuses on distressed-debt investments) founder Neil Weiner told MarketWatch.
Ramaco Resources stocks opened above US$14 in its first day of trade on Friday before closing 5c higher than its issue price at US$13.55.
Blackhawk, Warrier Met Coal, Contura Energy Inc, Coronado Coal and Paringa Resources (AUNL) were other coal companies considering a US IPO, the WSJ reported.