Rising Coal Consumption in India’s Steel and Power Sectors
October 10, 2024
India’s increasing coal consumption is driving significant activity in both the steel production and power generation sectors…
Category: Thermal Coal
Chinese Stocks Decline Amid Investor Impatience as Key Policy Announcement Approaches
October 9, 2024
Chinese stocks tumbled on Wednesday as investors expressed frustration over having to wait for new information regarding potential economic stimulus measures…
Disappointing China Stimulus Puts Downward Pressure on Coal Stocks
October 8, 2024
A rundown of today’s price action and an updated view on re-entry levels…
Coal News & Price Data – Oct 8, 2024
October 8, 2024
An overview of today’s coal prices and industry news…
Coal Stocks Shake Off Pullback, Bounce Into Weekend
October 4, 2024
A rundown of recent coal stock price performances and setups heading into next week…
Lignite Coal Power CCS Project in North Dakota Secures First $4.1M Federal Tranche for Carbon Capture
October 3, 2024
The Project Tundra initiative, a demonstration project aimed at capturing 4 million tons of carbon dioxide (CO₂) annually from two lignite-fired units at the Milton R. Young Station in North Dakota, has received a significant boost. The U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED) has awarded the project $4.1 million as part of a larger $350 million cost-share commitment. This funding marks the first tranche to support the development of carbon capture and storage (CCS) technology at the 705-MW coal power plant near Center, North Dakota…
ARA Coal Stockpiles Dip to 3.32 mm Tonnes Ahead of Winter
October 3, 2024
Coal stockpiles at ARA dipped again last week to 3.3 mm metric tonnes, down from 6 mm metric tonnes at this time last year and the lowest levels since 2022. The stockpiles are mostly thermal coal for use in NW Europe, so what does that mean for Atlantic Basin thermal coal prices?…
Taking Stock: Global Thermal Coal
September 30, 2024
I’ll start out with this first post by taking the temperature of the global thermal coal markets and looking out over the next year or so.
The Gamma Squeeze is On for Coal Stocks
September 27, 2024
A quick rundown on today’s continued rip in coal stocks and actions I took…
Coal Stocks Rip, Time to Flip?
September 24, 2024
A quick rundown of the post-China stimulus rip in coal stocks, and how to think about positioning using some advice from our Substack and Twitter friend Le Shrub…
Potential Impact of Longshoremen’s Strike on Coal Exports: Limited Disruptions Expected
September 24, 2024
The looming threat of a strike by the International Longshoremen’s Association (ILA) on 1 October has raised concerns across various industries reliant on U.S. port operations. But while containerships would likely face significant backlogs at U.S. Gulf and East Coast ports, commodities like coal may see minimal impact…