Coal News & Price Data – November 28, 2023 – Another Mining Accident in China
November 28, 2023
Eleven people lost their lives in a coal mine accident in China’s Heilongjiang province.
Author: The Coal Trader
Coal News & Price Data – November 27, 2023 – Weekly Met Market Summary
November 27, 2023
Australian metallurgical coal prices are experiencing volatility due to competing interests in a market with pockets of opportunistic demand.
Coal News & Price Data – November 22, 2023 – CISA President Bullish Chinese Steel in 2024
November 22, 2023
Yuan Wenjiong, CEO of Dao Fortune, believes expectations for the Chinese steel market for 2024 may be corrected in a more positive direction
Coal News & Price Data – November 21, 2023 – Summary of Chinese Oct Coal Imports
November 21, 2023
In October 2023, China experienced fluctuations in coal imports, with coking coal reaching 7.98 million tons, showing a YoY increase of 28.5%
Coal News & Price Data – November 20, 2023 – Chinese Mining Accident Safety Fallout
November 20, 2023
Top meeting were held focusing on safety in China, investigating hidden risks, and preventing major accidents.
Coal News & Price Data – November 17, 2023 – Met Market Weekly Summary
November 17, 2023
Australian seaborne metallurgical coal prices increased for the second consecutive trading day following a sell-side tender at $326.77/t.
Coal News & Price Data – November 16, 2023 – More Accidents & Safety Shutdowns for Chinese Met Mines
November 16, 2023
Three fatal accidents in as many days have led to mining suspensions in Shanxi, a major coal-producing province in China.
Coal News & Price Data – November 15, 2023 – Ramaco’s Atkins Promotes Brook Mine REE’s
November 15, 2023
Randall Atkins, CEO of Ramaco Resources, discusses the discovery of rare earth elements in a coal mine bought in 2011.
Metallurgical Comps
November 14, 2023
I spent some time updating metallurgical producer financial models today, so this will be a chart heavy post.
Glencore’s Acquisition of Teck’s Met Unit
November 14, 2023
Glencore has acquired a 77% stake in Teck Resources’ EVR for $6.93 billion.