Ukraine’s DTEK Energy to launch 25 coal mine faces in 2024, same as in 2023
February 9, 2024
DTEK Energy, Ukraine’s largest private power company, put two new coal mine faces into operation in January
Author: CoalNewswire
Coal Prices Plunge Globally Amidst Low Demand and Environmental Shifts in Jan 2024
February 9, 2024
In the global market, Coal prices witnessed a downward price correction in the wake of sluggish market conditions and ample inventory level
Exxaro Sharpens M&A Focus After Copper Mine Loss to China
February 9, 2024
Exxaro Resources Ltd. Chief Executive Officer Nombasa Tsengwa is sharpening the South African coal producer’s diversification strategy
Germany cranks gas-fired electricity output to 2-year highs
February 9, 2024
German gas-fired electricity generation jumped to its highest levels in two years in January as power firms dialled up output…
South Africa’s logistics hurdles turn boon for growing Indian appetite
February 9, 2024
South Africa’s logistical and operational challenges have failed to disrupt coal supplies to India, one of the major importing nations…
Peabody Met Coal Sales Up in 2023, Expects Growth in 2024
February 9, 2024
Peabody Energy saw modest growth in its seaborne metallurgical coal sales in 2023, reaching 6.9 million short tons (mst)
Wiggins Island Coal Export Terminal in talks on debt refinancing
February 8, 2024
The Wiggins Island Coal Export Terminal continues to be a topic of conversation in the restructuring community, with funds out of Asia…
New Hope commits A$105 million to Maxwell Mine project development
February 8, 2024
Coal mining company New Hope is looking to increase its stake in Malabar Resources by committing up to $68.4m in an equity-raising initiative.
Indonesia unlikely to relinquish top exporter position in foreseeable future
February 8, 2024
With Indonesia’s 2024 thermal coal exports expected to upstage last year’s record feat of 508 million mt, factors such as Indonesia’s rising..
China’s blast furnace capacity use rises further to 83.8%
February 8, 2024
The blast furnace (BF) capacity utilization rate increased for the fifth straight week during February 2-8 to reach 83.8%,
India’s SAIL may inject $240+ million in new steelworks
February 8, 2024
Government owned steel company, Steel Authority of India (SAIL) says it may invest $241-289.24 million into its IISCO Steel Plant (ISP).
Indonesia thermal coal exports drop 11% MoM in January 2024
February 8, 2024
Indonesian thermal coal exports dropped by 11% m-o-m to 30.07 million tonnes (mnt) in January 2024 as against 33.63 mnt in December 2023.