
Coal News & Price Data – October 26, 2023 – Arch & Peabody Earnings
ARCH Resources & Peabody Energy reported Q3 earnings this morning. Earnings calls will take place at 10 and 10:30 am.

ARCH Resources & Peabody Energy reported Q3 earnings this morning. Earnings calls will take place at 10 and 10:30 am.

Teck raised the cost estimate for its Quebrada Blanca 2 copper project due to further construction delays.

Are we witnessing the initial signs of a much larger and protracted Indian infrastructure boom?

Met names got a lift yesterday with an update of the B Riley price deck and flow through share price target upgrades.

We’re beginning to see the inadequacy of Chinese coal production to meet their own power demands as production falters & demand climbs.

India is expected to fill almost half of the shortfall in commodity demand growth caused by slowing demand in China in the coming decade.

BTU, ARCH & TECK Earnings

Asian metallurgical coal prices saw significant declines in Q2, with PLV Hard Coking Coal falling by 22.3% quarter on quarter to $233/mt.

Whitehaven Coal announced a court in New South Wales dismissed a lawsuit brought seeking to invalidate consent for Narrabri Stage 3.

China has been growing it’s coal fired power fleet, and now India has announced plans to boost capacity by 56 gigawatts (GW) by 2030.