Whitehaven Coal has predicted increases in thermal and metallurgical coal prices in 2015 in a positive sign for the beleaguered sector.

The commodity is Australia’s second biggest export earner behind iron ore, but many producers, including Whitehaven, have been posting financial losses for several years. Whitehaven was reasonably buoyant in its outlook as it posted record half year sales.  Thermal coal remains the lowest cost source of energy for power generators,…