How High is the Bar for a New Coal Mine?
August 25, 2022
How High is the Bar for a New Coal Mine? ESG risks have clearly moved the IRR hurdle rate for a go/no investment decision higher.
Category: Coal
Met Coal to Thermal Switching in Australia
August 18, 2022
Met Coal to Thermal Switching in Australia. More evidence of lower quality metallurgical coal being sold into the thermal market in Australia
Mining Deaths Highlight Tough Policy Trade-offs in China
August 17, 2022
Mining Deaths Highlight Tough Policy Trade-offs in China. 129 coal miners have died in accidents per the National Mine Safety Administration.
Thungela Shrugs off Lower Guidance
August 15, 2022
Despite lowering guidance due to rail network issues, Thungela’s (TGA.LN) shares rose due to hefty dividend.
Tata Steel Interview in the Australian Financial Times
August 15, 2022
A recent article was published in the Australian Financial Times with the title “This global steel boss says Australia is not investing enough in coal.” This was a poor editing choice for a title as the content was primarily geared towards the long term outlook for coking coal demand in India. There were a couple questions which touched on the Australian investment climate as it pertains to coal supply, but the meat of the article pertains to the long term nature of coking coal demand. This is why I think every coal investor should read it.
Judge revives Obama-era ban on coal sales from US lands
August 14, 2022
“A federal judge on Friday reinstated a moratorium on coal leasing from federal lands that was imposed under former President Barack Obama and then scuttled under former
New Court Challenge to New Acland Stage 3
August 14, 2022
For New Hope Corp. (NHC.AX) shareholders awaiting approval of New Acland Stage 3 (NAC), there is the possibility of a new court challenge to deal
Arch Resources (ARCH)
October 8, 2021
Arch Resources, ticker symbol ARCH, is a metallurgical and thermal coal producer headquartered in St. Louis, MO. ARCH operates seven mines, three of which are thermal mines in the western US, and the remaining four are met mines located in Central Appalachia (CAPP).