Coal News & Price Data – May 4, 2024 – Anglo American Rejects BHP Takeover Bid
May 5, 2024
European thermal coal imports are expected to increase slightly this month but remain low due to depleted stocks and weak demand
Category: Met Coal
Getting the Story Straight on BTU
May 2, 2024
The Twitterati love to trash BTU management after earnings calls…but that’s because they don’t understand the story.
Coke & Blast Furnace Market Summary
April 29, 2024
The average capacity utilisation rate of coke oven stood at 67.36%, up 1.3 percentage points WoW
Growth of China’s import coking coal prices slows
April 29, 2024
Chinese prices of seaborne imported coking coal lost ground during April 22-26
Chinese buyers resistant to higher coking coal prices
April 25, 2024
Chinese participants may become more resistant to accepting high-priced coking coal
Olive Downs Officially Opens
April 25, 2024
Pembroke Resources’ $1 billion Olive Downs steelmaking coal mine has officially opened in central Queensland
BHP after more than just copper in Anglo American takeover
April 25, 2024
BHP’s move on Anglo American is focused on long-term copper demand, but it would be a mistake to think there’s nothing else of value in Anglo’s portfolio.
Teck Resources First Quarter 2024 Performance Focused on Steelmaking Coal and Copper Expansion
April 25, 2024
Teck reported its unaudited results for the first quarter of 2024, highlighting significant strides in copper production alongside a steady performance in its steelmaking coal segment
Arch Resources, Inc. First Quarter 2024 Earnings Release Summary
April 25, 2024
The company experienced a decrease in net income and adjusted EBITDA compared to the same period last year, with revenues also showing a decline.
Earnings Season!
April 24, 2024
Herewith a quick note before earnings season kicks off tomorrow morning with Arch Resources results before the bell and earnings call at 10 am.
Coal News & Price Data – April 24, 2024 – Australian Miners Update Production Figures
April 24, 2024
European thermal coal imports are expected to increase slightly this month but remain low due to depleted stocks and weak demand
Kolmar halts coal washing plants due to excessive coal stockpiles
April 24, 2024
Kolmar, coking coal producer in Yakutia, has halted two washing plants and limited the load of the third plant by 50% since March 12