Met Market Update
September 19, 2023
Why is met rallying? Supply has become incrementally tighter and demand coming out of the summer doldrums is picking up again.
Category: Updates
Use this Opportunity to Sell Alliance
September 14, 2023
Why is Alliance trading at a market premium to Australian thermal coal producers? It makes no sense in terms of long-term shareholder value.
Chinese Steel Macro Update
September 14, 2023
Herewith a quick rundown on Chinese Leading Indicators, PMI’s, and Steel Production. Plus metallurgical coal and iron ore implications.
Whitehaven’s BMA Acquisition
September 13, 2023
Time to address the elephant in the room. Whitehaven is most likely going to buy Blackwater and Daunia from BHP.
Downgrading Ramaco (METC)
September 12, 2023
Thinking through the poor relative performance of Ramaco vs the peer group, and I think the situation is going to get worse from here.
Met Market Update
September 6, 2023
US domestic met coal market is currently facing several challenges, with the UAW strike looming on the horizon.
Power Plant Pipeline – More Thoughts
September 6, 2023
We’re beginning to see the inadequacy of Chinese coal production to meet their own power demands as production falters & demand climbs.
Chinese Market: 2023 Coal Mid-Term Strategy
September 5, 2023
The following report published by a Chinese investment bank, Cinda Securities, contains some inside baseball on the Chinese coal industry.
Thoughts on Chinese Permitted Coal Power
August 31, 2023
In the first half of 2023, China approved 52 GW of new coal power projects, a significant increase from the 15 GW permitted in H1 2022
CONSOL vs Alliance
August 29, 2023
I’ve been working on summarizing Alliance & CONSOL for the website & it got me thinking about both companies from a compare and contrast point of view
BHP’s Steel & Met Outlook
August 24, 2023
Lets go through BHP’s Economic and Commodity Outlook, pull out/summarize the important highlights and provide my thoughts on various topics.
Uranium is Breaking Out
August 23, 2023
The action in the uranium markets today is hard to ignore. The price of uranium appears to be