Glencore & Teck Merger
April 5, 2023
Teck Resources rejected an unsolicited acquisition proposal from Swiss commodity trader and mining company Glencore.
Author: The Coal Trader
Quick Thoughts on Thermal Coal
April 5, 2023
The shoulder season dip and high coal and gas inventories continue to weigh on spot seaborne thermal coal pricing.
Metallurgical Coal Market
February 21, 2023
Metallurgical coal prices have been flying again, touching $390/mt (according to Platts, PLV Low Vol FOB Australia) overnight.
Direct Air Capture, the Next Climate Change Mitigation Grift
February 16, 2023
Learn about the innovative technology of Direct Air Capture, its benefits and its role in mitigating the impacts of climate change.
Warrior Met Coal’s Valuation & Outlook
February 13, 2023
I dig into the fundamentals of Warrior Met (HCC) and discuss how this coal producer is different from it’s peers in quite a provocative way.
Arch Resources Valuation & Outlook
February 8, 2023
Here’s the quarterly details, including average sales price realizations, costs, and sales volumes for Arch Resources.
BHP Anticipates Lower Coking Coal Production in 2022-23
February 7, 2023
BHP forecasts lower production for BMA coking coal in 2022-23 due to weather disruptions and a longwall move. BMA saw rise in coal sales but faces threats from royalty rate increase.
Thungela Resources Acquires Ensham Coal Mine in Australia
February 6, 2023
Thungela Resources Acquires Ensham Coal Mine in Australia for $240 Million – Diversifying from South African Market Amid Power Cuts and Falling Exports
Reviewing Alpha’s Valuation & Outlook
January 24, 2023
I thought it prudent to update financials on Alpha Metallurgical Resources (AMR) to see how cash flows look on a go forward basis.
The U.S. Electricity Grid is Undeniably in Crisis
January 12, 2023
The U.S. Electricity Grid is Undeniably in Crisis. Cold Christmas weather resulted in grid failures and rolling blackouts across Tennessee and the Carolina’s.
Growth of America’s Shale Fields is Slowing
December 21, 2022
Growth of America’s Shale Fields is Slowing. The Permian Basin shale field is pumping less oil per foot drilled in each new well.
Australian Exports Fall Year Over Year
December 17, 2022
Australian Exports Fall Year Over Year. Shipments of coal from Gladstone in Australia’s Queensland state fell in November and in 2022.