In October 2023, China experienced fluctuations in coal imports, with coking coal reaching 7.98 million tons, showing a YoY increase of 28.5%
Top meeting were held focusing on safety in China, investigating hidden risks, and preventing major accidents.
Australian seaborne metallurgical coal prices increased for the second consecutive trading day following a sell-side tender at $326.77/t.
Three fatal accidents in as many days have led to mining suspensions in Shanxi, a major coal-producing province in China.
Randall Atkins, CEO of Ramaco Resources, discusses the discovery of rare earth elements in a coal mine bought in 2011.
Glencore has acquired a 77% stake in Teck Resources’ Elk Valley Resources (EVR) for $6.93 billion.
France has embraced nuclear power as a green energy source, aiming to build six new reactors and considering an additional eight.
Australian metallurgical coal prices dropped up to $54.00/t in a week due to ample prime hard spot availability and competitive alternatives.
India’s steel industry executives gathered in Delhi to discuss ways to reduce carbon emissions. Indian Met Coke Reliance to Increase
In Q3 2023, Ramaco Resources, a U.S. metallurgical coal producer, reported net income of $19.46 million and adjusted EPS of $0.45/share
Chinese steelmakers are facing a dilemma as steelmaking margins have been in the negative for over five weeks
The average operating rate of blast furnace (BF) steel mills decreased by 0.44 percentage points to 90.94% last week