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Metallurgical Coal Markets
The latest met coal news, analysis, and prices.
Metallurgical Coal Markets
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Yancoal Acquires Kestrel: A Deal Built for a Buyer’s Market
Yancoal Australia has agreed to pay up to $2.4 billion for one of the largest underground coking coal mines in the world — $1.85 billion upfront, the rest contingent on price recovery. Our DCF puts fair value at $1.29 billion on the 80% stake at current market assumptions, indicating Yancoal paid a 40%+ premium to acquire the asset…

US Coal Miner Face-Off
A guide on the levers that move the earnings and share prices of US coal equities…

MLP rotation pushing up ARLP and NRP units
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HCC Q4 2025 Earnings Outlook
Warrior heads into Q4 with the same structural story: the legacy mines are steady, and Blue Creek is increasingly becoming the swing factor…

US Coal Stocks – Technical Analysis 1/26
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Coking Coal Markets Hold Firm, But China Steel Data Says Don't Party Just Yet
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Queensland Rain Will Keep Met Coal Tight Long After the Skies Clear
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Last Coking Coal Market Update of 2025
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CNR Resumes Longwall Mining at Leer South
Core Natural Resources announced the restart of longwall operations at its Leer South metallurgical coal mine in West Virginia…

Russia’s Coal Industry Spirals Into Deepening Crisis
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