Building of far northern coal mine in Russia is halted
December 8, 2023
Coal has been a key part of the ambitious Russian plans to boost shipments on the Northern Sea Route to 80 million tons by 2024
Author: CoalNewswire
Anglo American Tumbles After Making Deep Production Cuts
December 8, 2023
Anglo on Friday said it will produce less copper, iron ore and coking coal. Shares fall 12%
Indonesia’s coal exports in November fell 6.5% MoM but are up 10% YoY
December 8, 2023
Indonesia’s seaborne coal export volume declined from the previous month, but was still higher than the same period last year
South African thermal coal portside prices remain unchanged amid subdued trade
December 8, 2023
Prices remained stable amid buyers’ resistance over current price levels and tepid demand from major consumers due to healthy stocks at ports.
China’s BF capacity use nears 10-mth low
December 8, 2023
The blast furnace (BF) capacity utilization rate among 247 Chinese steel producers over December 1-7 dropped for the sixth consecutive week
India Says No to Pledge to Triple Renewables and Phase Down Coal at COP28
December 8, 2023
India has not endorsed a pledge at COP28 summit to triple renewable energy, as doing so would have meant phasing down coal.
ARA barge rates pushed up by strike, water levels
December 8, 2023
Barge freight rates in northwest Europe have hit recent highs, with shipments from the ARA disrupted by strike action in Belgium
Ramaco Announced Div Increase, 2024 Guidance & RE Update
December 7, 2023
The Company is issuing initial guidance for the 2024 calendar year. For production volumes, sales and cash costs.
Ramaco CEO Says Wyoming Deposit Include Gallium & Germanium
December 7, 2023
Ramaco Resources Inc. said it found two more rare minerals, adding to its discovery of one of the largest deposits of REEs in the US.
Implications of China’s Coal Reserve System
December 7, 2023
China announced it will establish a backup coal production system by 2027 to stabilise prices and secure coal supply
Poland Approves SMR Nuclear Units at 6 Locations
December 7, 2023
Poland has given the green light for the construction of 24 new small modular reactor (SMR) units across six sites
China’s 2023 steel exports seen reaching 6-year high
December 7, 2023
China’s finished steel exports are likely to come close or even breach the 90 million mt mark in 2023, hitting a high not seen since 2016