NEWS
COAL NEWS
Coal News & Price Data, curated by The Coal Trader
Coal News Feed

Coal News & Price Data – August 30, 2023 – China Approved More Coal Power
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

Coal News & Price Data – August 29, 2023 – More Met Coal M&A Activity
Coronado Global Resources is reportedly in bilateral talks with South32 regarding a potential acquisition of its Illawarra Metallurgical Coal

Coal News & Price Data – August 28, 2023 – Thermal Cost Pressures Mount
The IEA’s July 2023 coal market update reveals production costs remain high, as reflected in recent financial reports from producers.

Coal News & Price Data – August 25, 2023 – Whitehaven Update
Australian coal miner Whitehaven Coal has announced weaker-than-expected projections for its fiscal 2024 managed coal output

Coal News & Price Data – August 24, 2023 – Whitehaven Makes Move for Blackwater & Daunia
Whitehaven Coal has temporarily suspended its share buyback program to allocate resources for a potential bid for BHP’s coking coal mines.

Coal News & Price Data – August 23, 2023 – BHP’s Spat w/ QLD Gov’t Continues
Queensland has warned mining company BHP that its mining licenses could be revoked if the company doesn’t continue investing in the state.

Coal News & Price Data – August 22, 2023 – BHP’s Earnings
BHP, the world’s largest mining company by market capitalization, reported a 37% drop in its underlying profits for the year ending in June

Coal News & Price Data – August 21, 2023 – Thungela’s Profits Fall
Thungela Resources reported a 69% drop in profits during the first half of the year due to lower coal prices and logistical challenges.

Coal News & Price Data – August 18, 2023 – US Coal Exports Rise in 1H 2023
US thermal coal exports increased by 21.1% in January-June, driven by higher deliveries to India which was up over 52%.