Anglo American Reduces 2024 Coal Production Guidance Amid Grosvenor Halt
July 20, 2024
Anglo American has revised its 2024 metallurgical coal production guidance downward from 15-17 million tonnes (Mt) to 14-15.5Mt…
Category: Coal
BHP Lowers Coking Coal Production Target Following Mine Divestment
July 17, 2024
Australian resources giant BHP has revised its coking coal production target downward for the 2024-2025 financial year following the sale of its Blackwater and Daunia mines…
China Launches Plan to Cut Carbon Emissions from Coal-Fired Power Industry
July 17, 2024
In a significant move to combat climate change, China has announced a comprehensive plan to reduce carbon emissions from its coal-fired power industry…
Possible Sale of Hüttenwerke-Krupp Mannesmann (HKM) Steel Mill on the Horizon
July 12, 2024
Hüttenwerke-Krupp Mannesmann (HKM), the largest steel mill in the Duisburg complex in Germany, could soon be up for sale…
India’s Thermal Coal Imports Surge Amid Rising Electricity Demand and Hydropower Decline
July 9, 2024
India’s thermal coal imports escalated to over 95 million tonnes, marking a 13% year-over-year increase, according to BigMint data…
Coal News & Price Data July 9, 2024 – India to Begin Trial Coking Coal Imports from Mongolia
July 9, 2024
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Russia Adjusts Coal Taxation Framework Amid Industry Challenges for 2025
July 8, 2024
The Russian government has adjusted the previously proposed parameters for increasing coal production taxes from 2025…
South32 Secures Regulatory Approval for Sale of Illawarra Metallurgical Coal
July 8, 2024
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…
Global Thermal Coal Markets Shift Sideways as Supply, Demand Fluctuate
July 8, 2024
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…
Coal News & Price Data July 5, 2024 – Mine Fires Reignite Met Market Interest
July 5, 2024
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…
Grosvenor Mine Fire Will Tighten Met Coal Markets
June 30, 2024
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…
Fire at Anglo’s Grosvenor Coal Mine Prompts Evacuation
June 30, 2024
A recent fire at the Grosvenor Coal Mine in central Queensland has triggered an evacuation and raised concerns about the mine’s future…