
Coal News & Price Data – October 6, 2023 – BHP to Keep Remaining Coal Assets
BHP Group plans to retain its remaining metallurgical coal assets, emphasizing a positive outlook for higher-quality raw materials.

BHP Group plans to retain its remaining metallurgical coal assets, emphasizing a positive outlook for higher-quality raw materials.

Thermal coal prices strengthened, surpassing $125 USD/ton, attributed to increased consumption and a sharp rise in gas prices.

Queensland has warned mining company BHP that its mining licenses could be revoked if the company doesn’t continue investing in the state.

BHP, the world’s largest mining company by market capitalization, reported a 37% drop in its underlying profits for the year ending in June

Cleveland-Cliffs made an offer to acquire US Steel, valuing each share at $32.53, a 43% premium over US Steel’s last closing price.

Peabody (NYSE: BTU) today announced that Shoal Creek Mine, in coordination with MSHA, has safely completed localized sealing…

The Blackwater Coal Mine is owned by the BHP Billiton Mitsubishi Alliance (BMA). It is located 24 kilometres south of Blackwater

Russia’s state review office Glavgosexpertiza approved the construction for the second phase of the huge Elga coking coal deposit,

Peabody (NYSE: BTU) today confirmed a fire that began earlier today at its Shoal Creek Mine involving void fill material

Sojitz Corporation is exploring all options for restarting production at its Crinum underground mine in Queensland, Australia

Russia’s Elga Coal Company (ECC), aiming to capitalize on Asian demand, plans to ramp up coal production to 26 million tonnes (mt) in 2023

Mongolia launched a 233-kilometer cross border rail line between the Tavan Tolgoi coal field and Gashuun Sukhait on the Chinese border