Coal News & Price Data – July 27, 2023 – NSW Floating Higher Royalty Rate Scheme
NSW Treasurer Daniel Mookhey is considering increasing coal royalties in the state to obtain a fair return for resources.
Australia
Coal News & Price Data – July 21, 2023 – European Gas Markets Heat Up
European natural gas prices rose 3.9% as traders considered extreme heat and concerns over reduced Russian fuel supplies.
Coal News & Price Data – July 20, 2023 – Xi Refuses to Meet with Kerry
Chinese President Xi Jinping made it clear that China will not allow its path to curb emissions to be dictated by others.
Coal News & Price Data – July 19, 2023 – Whitehaven Locked & Loaded for Daunia?
BHP is open to selling its coal mines separately, potentially allowing Whitehaven Coal to bid for the Daunia mine without raising equity.
Coal News & Price Data – July 18, 2023 – Richards Bay Coal Terminal Reopens
After a partial closure due to environmental management non-compliance the Port of Richards Bay has resumed its operations.
Coal News & Price Data – July 17, 2023 – Met Coal Q2 Review
Asian metallurgical coal prices saw significant declines in Q2, with PLV Hard Coking Coal falling by 22.3% quarter on quarter to $233/mt.
Coal News & Price Data – July 14, 2023 – China’s New Coal Fired Power Pipeline
China increased permits for new coal power plants in 2022, with local governments approving permits for 106 GW of new coal-fired capacity.
Coal News & Price Data – July 13, 2023 – NextDecade Takes FID on $18.4B LNG Facility
NextDecade Corp. will proceed with an $18.4 billion LNG plant in Texas, aiming to supply customers in Europe and Asia from 2027.
Coal News & Price Data – July 12, 2023 – EIA’s Latest Energy Outlook
Latest EIA Energy Outlook reveals coal output expected to decline by 4.19% y/y to 572.2 mst in 2023, surpassing an earlier projection.
Coal News & Price Data – July 11, 2023 – NSW Court Dismisses Narrabri Stage 3 Blocking Case
Whitehaven Coal announced a court in New South Wales dismissed a lawsuit brought seeking to invalidate consent for Narrabri Stage 3.