Whitehaven Coal is the preferred bidder for BHP’s Blackwater and Daunia metallurgical coal mines estimated to cost up to $4.1 billion.
A BNSF coal train derailed off a bridge near Pueblo, Colorado, causing the bridge to collapse, resulting in the death of a semi-truck driver.
China’s coal production is projected to continue growing this year, albeit at a slower pace due to increased emphasis on cleaner energy.
Seaborne buying interest for CFR China basis increased due to tight domestic met coal supply and higher Q4 prices for domestic PLV.
Alpha Met reported preliminary sales volumes and realizations for Q3 2023 along with revised full-year 2023 guidance.
Teck Resources is considering more than just the highest bid for the sale of its metallurgical coal assets.
India’s crude steel output for January-September increased14% compared to the previous year, mainly due to infrastructure growth.
Teck CEO Price expressed confidence in the company’s stake sale to India’s JSW despite geopolitical tensions between Canada and India.
BHP Group plans to retain its remaining metallurgical coal assets, emphasizing a positive outlook for higher-quality raw materials.
China’s coal production growth is anticipated to slow in 2023 due to increased safety checks following a surge in fatal coal mine accidents.
Arch Resources and Coronado Global Resources have both reduced their coal sales guidance due to mining difficulties in the US.
Atlantic met coal market is experiencing notable price increases, particularly for Premium High Volatile Coking Coal (HCC).