
Warrior Met Coal’s Ballooning Development Costs Prompt RBC Capital To Rethink Projections
RBC Capital analysts this week lowered their price target for Warrior Met Coal as costs balloon at thecompany’s Blue Creek mine project.

RBC Capital analysts this week lowered their price target for Warrior Met Coal as costs balloon at thecompany’s Blue Creek mine project.

Australian mining firm Stanmore Coal’s output of 13.2mn t in 2023 exceeded the top end of its 12.3mn-13mn t guidance

Daily crude steel output among the member mills picked up further during February 11-20, rising by another 1.5% or 31,000 tonnes/day

The blast furnace (BF) capacity utilization rate ended a six-week rising streak and pulled back to 83.59% over February 16-22

Alpha Met a leading US supplier of metallurgical products for the steel industry, released its financial results for the fourth quarter

The production capacity of PLV HCC coal mines in China has shown a downward trend in recent years.

Australian coal producers, particularly those operating in Queensland, are facing a significant financial squeeze due to higher royalties

JSE-listed coal miner Thungela Resources has informed shareholders that its earnings per share (EPS) for the year ended December 31…

Canadian miner Teck Resources plans to close the sale of its steel-making coal unit to Glencore no later than the third quarter of 2024

Arch Resources announced that – as part of its long-term succession process – Richard Navarre will become chair of Arch’s board of directors

The total volume of metallurgical coke produced declined during February 15-21, slipping by 5,600 tonnes/day on week

World crude steel production for the 71 countries reporting to the WSA was 148.1 mmt in Jan 2024, a 1.6% decrease vs Jan 2023.