
Whitehaven soars on coking coal pivot
Whitehaven Coal’s shares rose to the highest level in a year after the miner said it had been oversubscribed by lenders and suitors

Whitehaven Coal’s shares rose to the highest level in a year after the miner said it had been oversubscribed by lenders and suitors

Coal production from miner Drummond’s Colombia operations rose 7.1% in 2023 to 29.5 million metric tons, while exports declined by 2.6%

Stockpiles of Mongolian coal at the Ganqimaodu land port in North China’s Inner Mongolia remain at high levels

The blast furnace (BF) capacity utilization rate climbed for the second straight week to reach 82.98% over January 12-18

On January 18th, BHP Billiton (BHP) announced that in the first half of the 2023-24 fiscal year (July-December 2023)

Whitehaven Coal Ltd. is studying options to sell a 20% stake in the Blackwater mine to global steelmakers

Peabody (NYSE: BTU) has announced the closing of a new $320 million senior secured revolving credit facility maturing in January 2028

Australian resource firm BHP expects to come in near the top of its 13mn-15mn t thermal coal production guidance

China’s pig iron production totalled 871 million tonnes during 2023, up by a slight 0.7% from the previous year

Tepid domestic demand, robust exports to tint China’s steel sector in 2024

BHP Mitsubishi Alliance’s coking coal production for Q4CY23 was recorded at 11.4 mnt, dropping by 18% as against 13.9 mnt recorded in Q4CY22.

Peabody Energy Corp. (NYSE:BTU) will replace e.l.f. Beauty in the S&P SmallCap 600 effective prior to opening of trading on Tuesday, Jan 23