Author: Matthew Warder
Chinese Stocks Decline Amid Investor Impatience as Key Policy Announcement Approaches
October 9, 2024
Chinese stocks tumbled on Wednesday as investors expressed frustration over having to wait for new information regarding potential economic stimulus measures…
Disappointing China Stimulus Puts Downward Pressure on Coal Stocks
October 8, 2024
A rundown of today’s price action and an updated view on re-entry levels…
Coal News & Price Data – Oct 8, 2024
October 8, 2024
An overview of today’s coal prices and industry news…
Coal Stocks Shake Off Pullback, Bounce Into Weekend
October 4, 2024
A rundown of recent coal stock price performances and setups heading into next week…
India’s Finished Steel Exports Fall 40% Amid Weak EU Demand, Becomes Net Importer in 1H24
October 3, 2024
India’s finished steel exports fell sharply by 39.6% year-on-year over April-August, driven largely by declining demand from the European Union, according to data from the Joint Plant Committee. The total exports during this period amounted to 1.92 million metric tons (MMt), with the steepest declines seen in key EU markets…
Lignite Coal Power CCS Project in North Dakota Secures First $4.1M Federal Tranche for Carbon Capture
October 3, 2024
The Project Tundra initiative, a demonstration project aimed at capturing 4 million tons of carbon dioxide (CO₂) annually from two lignite-fired units at the Milton R. Young Station in North Dakota, has received a significant boost. The U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED) has awarded the project $4.1 million as part of a larger $350 million cost-share commitment. This funding marks the first tranche to support the development of carbon capture and storage (CCS) technology at the 705-MW coal power plant near Center, North Dakota…
Regulatory Report on Grosvenor Fire Released, Prompting Broader Industry Inspections
October 3, 2024
A fire that raged for most of July at Anglo American’s Grosvenor coal mine in Queensland has raised serious safety concerns, prompting an extensive investigation and inspections at other coal mines…
Hurricane Helene’s Impact on U.S. Steel Demand, Supply, and Prices
October 3, 2024
The U.S. steel industry is grappling with the effects of Hurricane Helene, which hit the southern states from Florida to Tennessee late last week. The
Met Coal Futures Hustle into October
October 1, 2024
A quick rundown of global metallurgical coal markets heading into Q4…
The Gamma Squeeze is On for Coal Stocks
September 27, 2024
A quick rundown on today’s continued rip in coal stocks and actions I took…
Google Could Leverage Small Nuclear Reactors to Power Data Centers Amid AI Boom
September 27, 2024
As artificial intelligence (AI) continues to revolutionize industries, major tech companies are grappling with the massive energy demands required to power their growing infrastructure. Among them, Google is exploring innovative solutions to meet its energy needs while maintaining its commitment to carbon neutrality by 2030…