Thanks and Farewell
May 3, 2024
This is David Dyer, the Founder of The Coal Trader Substack & website service. I just wanted to provide some context on what is going on behind the scenes here with this service.
Author: The Coal Trader
Thoughts on NRP
April 28, 2024
I’ve been looking through NRP’s 10-Ks, as well as many of their public or formerly public lessees, and I’ve found enough public information to present a comprehensive analysis
Earnings Season!
April 24, 2024
Herewith a quick note before earnings season kicks off tomorrow morning with Arch Resources results before the bell and earnings call at 10 am.
Coal News & Price Data – April 24, 2024 – Australian Miners Update Production Figures
April 24, 2024
European thermal coal imports are expected to increase slightly this month but remain low due to depleted stocks and weak demand
Coal News & Price Data – April 19, 2024 – Whitehaven Updates on Production
April 19, 2024
Whitehaven’s January-March report shows increased production but decreased sales.
European steel won’t have hydrogen for 20-25 years
April 19, 2024
It will likely take 20-25 years for Europe to secure sufficient hydrogen supply to decarbonise its steel industry
Portfolio Update
April 18, 2024
Herewith an update of my personal account, positioning, trades, etc. by request.
Coal News & Price Data – April 18, 2024 – BHP Cuts Coking Coal Guidance & Raises Cost Guidance
April 18, 2024
BHP cuts coking coal guidance for fiscal year to decade-low
Met Stocks are Re-rating
April 16, 2024
This seasonal pullback in PLV Futures has not caused such a bad commensurate pullback in met coal stocks.
Coal News & Price Data – April 12, 2024 – Germany’s Climate-Driven De-Industrialization Hits Steel Outlook
April 12, 2024
Amid Germany’s climate-driven de-industrialization, Thyssenkrupp plans a 20% reduction in steel output
Coal News & Price Data – April 11, 2024 – Analysts Issue More Upgrades & Downgrades
April 11, 2024
Citi has raised its rating on April 11 for Warrior Met Coal to ‘Buy’ from ‘Neutral’ and increased the target price to $75
Whitehaven Gets Back to Back Upgrades
April 10, 2024
UBS put out a note yesterday, upgrading Whitehaven to Buy, in light of their recent acquisition of the BMA mines, Blackwater and Daunia.