Category: Met Coal

October 18, 2023

We finally got news that Whitehaven is the preferred bidder for the Blackwater and Daunia mines being sold by BHP.

October 18, 2023

Whitehaven Coal is pleased to announce it has executed definitive sale agreements with BHP Group and Mitsubishi Development Pty Ltd…

October 18, 2023

Whitehaven Coal is the preferred bidder for BHP’s Blackwater and Daunia metallurgical coal mines estimated to cost up to $4.1 billion.

October 17, 2023

Ramaco Resources (METC) pre-announced earnings, providing a tight range for Net Income and EBITDA. They also revised FY 2023 guidance.

October 12, 2023

Alpha announced preliminary sales volumes and realizations for Q3 2023, and revised full year 2023 guidance.

October 12, 2023

Alpha Met reported preliminary sales volumes and realizations for Q3 2023 along with revised full-year 2023 guidance.

October 11, 2023

Teck Resources is considering more than just the highest bid for the sale of its metallurgical coal assets.

October 6, 2023

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

October 5, 2023

Metallurgical coal markets continue to rally. Front-month (Oct ‘23) is at $362/mt, whereas long-term prices are currently in the $280’s:

October 4, 2023

Arch Resources and Coronado Global Resources have both reduced their coal sales guidance due to mining difficulties in the US.

October 3, 2023

Arch released a Q3 update, revised guidance lower, and announced their Q3 earnings call, scheduled to take place October 26 at 10am.

September 28, 2023

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