Australia has witnessed a modest 3% year-over-year increase in coking coal exports in the first half of 2024, reaching 75.5 million tonnes…
South32 Limited has announced that its sale of Illawarra Metallurgical Coal to a joint entity owned by Golden Energy and Resources Pte Ltd and M Resources Pty Ltd has received approval from the Australian Foreign Investment Review Board…
The global thermal coal market has experienced a noticeable fluctuation in prices and demand over the past week, with key developments shaping the sector’s dynamics…
Anglo American has declared a force majeure on deliveries from its Grosvenor coking coal mine in Australia…
Holy supply disruptions, Batman. Not one, not two, but these THREE separate incidents are going to tighten up metallurgical coal markets over the next month or so…
BHP Group, the world’s largest listed miner, has announced significant cuts to its employee incentive payments after failing to meet performance targets. This decision will affect tens of thousands of workers globally, as reported by the Australian Financial Review…
The shipping queue at Newcastle, a crucial coal export port in Australia, has reached a 23-month high, with 31 vessels waiting as of July 2. This surge in shipping delays has been exacerbated by both climate protests and adverse weather conditions, significantly impacting operations at the port…
Anglo’s Grosvenor Coal Mine in Queensland, Australia was evacuated Saturday morning after a methane ignition caused a fire which engulfed the operation. Here, we take a look at possible effects on met coal markets…
A recent fire at the Grosvenor Coal Mine in central Queensland has triggered an evacuation and raised concerns about the mine’s future…
An accident on the Blackwater railway system has disrupted coal exports from Australia’s 102mn t/yr Gladstone port in Queensland, which may take some time to resolve…
For our third installment in the series here, I thought it best to tackle Peabody Energy BTU -1.91%↓. That’s not necessarily because it’s an interesting risk-reward at this point in the market cycle. Rather, it’s simply because I get more questions on it than any other coal stock. Well, that and it has had the most predictable trading range of the entire sector…
Global coal trade has seen a robust resurgence, achieving pre-COVID levels in recent months, as evidenced by vessel tracking data from AXS Marine. Throughout 2023, global seaborne coal loadings escalated by 5.8% year-over-year, totaling 1,339.5 million tonnes…