Russian coal exports decline in 2024 due to sanctions and logistical challenges. Recent US sanctions affect 20% of exports
Australian metallurgical coal prices face downward pressure due to weak demand and moderately improving supply.
South32 sells Illawarra metallurgical coal project to Golden Energy and Resources (GEAR) and M Resources for $1.65 billion.
Futura Resources commenced operations at its Wilton coal mine in Queensland’s Bowen Basin. The mine, along with its sister mine Fairhill…
Low-CV thermal coal demand in Asia remains stable, driven by strong Chinese buying amid high domestic prices
Alpha Metallurgical Resources reported strong financial results for Q4 2023, with net income of $176.0 M and Adjusted EBITDA of $266.3 M.
Australian metallurgical coal prices remain stable, potentially upheld by end-user purchases, although overall sentiment is bearish
Glencore CEO Gary Nagle stated that fossil fuels remain vital for the energy transition until renewable sources are fully integrated.
Surge in coking coal futures prices on Feb 21st was triggered by reports suggesting that Shanxi Lu’an, one of China’s major coal producers
Coronado Global Resources reported a 79.8% net income decline to $156.1 million, compared to $771.7 million last year,
Powder River Basin coal mines in Wyoming faced declining production in 2023, continuing a long-term trend despite a temporary resurgence.
Australian metallurgical coal prices held steady but face downward pressure. Improved supply conditions emerged with March availability