Glencore Posts Steep Profit Fall as Energy Crisis Fades
February 21, 2024
Glencore Plc reported a steep drop in annual profit and lowered its dividend, after markets retreated from the price spikes
Author: CoalNewswire
Dalian coking coal soars as miners plan output cuts
February 21, 2024
The most-traded coking coal futures contract on the Dalian Exchange for delivery in May ended the morning trading session rising by 7.44%
China’s shift to steady commodity demand echoes in BHP results
February 21, 2024
The changing nature of China’s commodity demand is neatly encapsulated by the latest results of BHP Group, the world’s biggest mining company
India gets 40 bids for commercial coal mines
February 20, 2024
India has received a total of 40 bids for some of the 32 commercial coal mines that were made available for auctioning in December
Coronado Coal profits fall 80pc as costs and taxes bite
February 20, 2024
Coronado Coal says higher costs, taxes and bad weather are squeezing its mining operations, pushing profits 80 per cent lower
Colombia Bill Seeks Permanent Legal Ban on New Coal Contracts
February 20, 2024
Colombia, South America’s top coal producer, is proposing a mining bill which would ban new exploration and production contracts
India’s JSW Steel in talks with Whitehaven for coal mine stake
February 20, 2024
India’s JSW Steel Ltd (JSTL.NS) is in talks with Australian miner Whitehaven Coal (WHC.AX) for a stake in its Blackwater coal mine,
Indonesian thermal coal exports scale new highs in early 2024
February 20, 2024
The world’s top exporter of thermal coal is on track to smash last year’s record after shipments for the first two months of 2024 jumped
More rainfall cuts Coronado’s Australian coal outlook
February 20, 2024
US-Australian coal producer Coronado Coal is factoring in new Australian wet weather in its sales guidance of 16.4mn-17.2mn t for 2024.
BMA’s Australian coal at low end of output target
February 20, 2024
BHP Mitsubishi Alliance’s (BMA) Australian coal production is trending towards the bottom half of its decade-low guidance
BHP projects modest global steel demand in 2024
February 20, 2024
Australian miner BHP expects modest demand for steel across developed countries, it said Feb. 20, citing impact of higher interest rates
Weak market fundamentals see iron ore futures dive 5.4%
February 20, 2024
In stark contrast to the bullish outlook many market watchers had held earlier for Chinese iron ore derivatives, the restart of trading…