BHP’s Steel & Met Outlook
August 24, 2023
Lets go through BHP’s Economic and Commodity Outlook, pull out/summarize the important highlights and provide my thoughts on various topics.
Author: The Coal Trader
Coal News & Price Data – August 24, 2023 – Whitehaven Makes Move for Blackwater & Daunia
August 24, 2023
Whitehaven Coal has temporarily suspended its share buyback program to allocate resources for a potential bid for BHP’s coking coal mines.
Uranium is Breaking Out
August 23, 2023
The action in the uranium markets today is hard to ignore. The price of uranium appears to be
TTF Update
August 23, 2023
Last week, the ongoing uncertainty surrounding the potential of a strike at Australia’s LNG export terminals had the effect
Coal News & Price Data – August 23, 2023 – BHP’s Spat w/ QLD Gov’t Continues
August 23, 2023
Queensland has warned mining company BHP that its mining licenses could be revoked if the company doesn’t continue investing in the state.
Initiating Coverage of Thungela Resources
August 22, 2023
I am initiating coverage of Thungela Resources (ticker: TGA.LN) on 8/22/2023 with…
Coal News & Price Data – August 22, 2023 – BHP’s Earnings
August 22, 2023
BHP, the world’s largest mining company by market capitalization, reported a 37% drop in its underlying profits for the year ending in June
Thoughts on Thungela Resources
August 21, 2023
Herewith some thoughts on Thungela Resources (Ticker TGA.LN), the South African thermal coal exporter which just announced interim earnings.
Coal News & Price Data – August 21, 2023 – Thungela’s Profits Fall
August 21, 2023
Thungela Resources reported a 69% drop in profits during the first half of the year due to lower coal prices and logistical challenges.
Coal News & Price Data – August 18, 2023 – US Coal Exports Rise in 1H 2023
August 18, 2023
US thermal coal exports increased by 21.1% in January-June, driven by higher deliveries to India which was up over 52%.
Coal News & Price Data – August 17, 2023 – JSW Considers 75% Stake in Teck’s Coking Coal Unit
August 17, 2023
India’s JSW Steel is reportedly considering acquiring a 75% stake in Teck Resources’ steelmaking coal business.
Downgrading Corsa Coal
August 16, 2023
I initiated the Strong Buy assessment on July 14, it’s currently trading at CAD$0.73 per share – which is an implied gain of 59%