
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.

After a partial closure due to environmental management non-compliance the Port of Richards Bay has resumed its operations.

Asian metallurgical coal prices saw significant declines in Q2, with PLV Hard Coking Coal falling by 22.3% quarter on quarter to $233/mt.

China increased permits for new coal power plants in 2022, with local governments approving permits for 106 GW of new coal-fired capacity.

NextDecade Corp. will proceed with an $18.4 billion LNG plant in Texas, aiming to supply customers in Europe and Asia from 2027.

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.

Whitehaven Coal announced a court in New South Wales dismissed a lawsuit brought seeking to invalidate consent for Narrabri Stage 3.

Alliance Coal (ARLP) has started the construction of the Henderson County Coal Mine, a multi-million-dollar operation in Kentucky.

The dry bulk shipping market is expected to face challenges in the third quarter due to China’s sluggish economic recovery and weak commodity demand.

Novatek’s first floating transfer hub for LNG arrived in the Russian Arctic after a journey from South Korea & will export LNG to Europe.

QBO wind anomaly is developing over the Equator, which will impact winter weather along with the El Nino event in the upcoming 2023/2024 Winter season

North American Electric Reliability Corporation (NERC) warns that two-thirds of North America could face electricity supply shortages this summer due to increased demand for cooling during high temperatures.

Omnis Global Technologies in talks to convert West Virginia’s Pleasants Power Station, one of the state’s largest coal plants, into a clean energy facility powered by hydrogen.