Coal News & Price Data – March 21, 2024 – Coking Coal Prices Finally Bottom?
March 21, 2024
Oversupply in spot markets, driven by subdued demand in India and China, led to decreased prices.
Author: The Coal Trader
Met Producer Comps
March 20, 2024
Now that we’ve seen another annual rug pull in metallurgical coal markets, I thought it appropriate to revise forecasts and valuation comps
Coal News & Price Data – March 20, 2024 – The Coking Coal Selloff Continues
March 20, 2024
Bearish: Premium PLV Hard Coking Coal benchmark prices were down $12/my to $251/mt on Wednesday, March 20, 2024.
Coal News & Price Data – March 19, 2024 – New Hope Reports Interim Results
March 19, 2024
New Hope Group, a coal mining company, has reported its financial results for the half-year ended 31 January 2024
As Met Markets Tumble, Where’s the Bottom?
March 18, 2024
Overnight in Asia, coking coal prices continue to sell off, with PLV down another $1 from Friday to $270/mt.
Coal News & Price Data – March 18, 2024 – Thungela Reports Strong Earnings
March 18, 2024
Thungela Resources reports a resilient performance for 2023, yielding strong cash generation and a robust net cash position.
Coal News & Price Data – March 15, 2024 – Met Prices Fall Amid Low Indian Bids
March 15, 2024
Australian coking coal prices fell sharply following a tender from a major Indian mill.
Coal News & Price Data – March 14, 2024 – Corsa Coal Reports Earnings
March 14, 2024
Corsa Coal Corp. has released its financial results for Q4 and full-year 2023, emphasizing increased net income and adjusted EBITDA.
Coal News & Price Data – March 13, 2024 – Met Markets Continue to Slide
March 13, 2024
Asian metallurgical coal FOB prices declined, with weaker demand from major markets like India.
Ramaco Post-Earnings Thoughts
March 12, 2024
Ramaco Resources is a pure play metallurgical coal producer in Central Appalachia (CAPP) and primarily operates the following mining…
Coal News & Price Data – March 12, 2024 – More Chinese Coal Mine Accidents
March 12, 2024
Two coal mine accidents in China claimed 12 lives in 24 hours, amidst recent safety legislation revisions. On March 11, 2024
Coal News & Price Data – March 11, 2024 – Bathurst Resources Update
March 11, 2024
Bathurst Resources’ Crown Mountain coking coal project in Canada advances as IAAC approves its environmental assessment.