Anonymous ID: 2bae98 July 25, 2022, 6:40 p.m. No.16821012   🗄️.is đź”—kun

>>16820565

6 Apr, 2022 13:04

HomeBusiness News

US can’t replace Russian coal supplies to Europe – industry

 

EU scrambles to find new suppliers as ban looms

 

The US coal mining industry is unable to expand production to replace Russian coal on the European market, the country’s biggest exporter said on Tuesday.

 

The comment follows a proposal by the European Commission to impose a ban on coal imports from Russia as part of a wider package of sanctions on Moscow over the conflict in Ukraine.

 

“I don’t see any ability for the industry to expand production. It’s like looking at a sweet dessert that you just can’t reach,” Ernie Thrasher, chief executive officer of Xcoal Energy & Resources LLC., the US’ biggest exporter, told Bloomberg.

 

The US is among the world’s top five coal exporters, and sells most of its coal to India, Brazil and South Korea.

 

According to Thrasher, most of the US coal output has already been sold under long-term contracts and there are few spare tons to deliver to Europe. With coal being the dirtiest fossil fuel, there has been little investment in new capacity, he explained, adding that tight labor markets and supply-chain bottlenecks caused by the coronavirus pandemic would also make it difficult to deliver extra tons for export.

 

According to media reports, potential buyers from some EU countries have already approached Indonesia and Australia, the world’s largest thermal coal exporters. But those countries have limited capacity as well. The EU wants to move away from Russian supplies, which meet 70% of Europe’s demand for thermal coal.

 

Shares of US coal miners surged after the European Union announced its sanctions plan against Russia on Tuesday. Coal prices in the US have been on the rise, surpassing $100 a ton last week for the first time since 2008.

 

https://www.rt.com/business/553390-us-cant-replace-russian-coal/

Anonymous ID: 2bae98 July 25, 2022, 6:41 p.m. No.16821258   🗄️.is đź”—kun

>>16820565

>>16820667

 

John J. Loud

 

On October 30, 1888, the first ballpoint pen or we have commonly known as ball pen or pen was patented in the United States of America with US patent #392046. John J. Loud from Massachusetts is the inventor of the first ballpoint pen. According to some sources, he was trying to invent a pen that can write on leather and on rough surfaces, then he comes up with the ball “tipped” pen.

https://theballpointpens.com/who-invented-the-ballpoint-pen/

 

László Bíró patented what is considered the first ballpoint pen in 1938, though he had been developing it for almost a decade beforehand with his brother György.

In 1931, they launched their ballpoint pen at the Budapest International Fair. Seven years later, in 1938, the BĂ­rĂł brothers obtained patents in Britain and France and went to work to start selling their new ballpoint.

https://www.dayspringpens.com/blogs/the-jotted-line/who-invented-the-ballpoint-pen-history