Coal News & Price Data, curated by The Coal Trader
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Earnings summaries for Alpha Metallurgical Resource (AMR) and Natural Resource Partners (NRP)
An eleventh-hour push by a mystery investor is threatening Whitehaven Coal’s bid for BHP’s Blackwater and Daunia coal mines in Queensland.
India is expected to fill almost half of the shortfall in commodity demand growth caused by slowing demand in China in the coming decade.
ARLP reported a net income of $169.8 million, or $1.30 per unit in Q2 2023, up from $163.5 million and $1.23 per unit in Q2 2022.
India’s infrastructure output grew by 8.2% year-on-year in June, the fastest rate in five months, driven by strong performance in sectors like steel, coal, and cement.
BTU, ARCH & TECK Earnings
Most US coal companies are expected to report lower second-quarter earnings compared to the same period last year and the previous quarter due to lower coal prices.
Australian metallurgical coal prices were stable, while CFR China strengthened on higher domestic & increased interest in prompt cargoes.
Coal News & Price Data – July 24, 2023 – Daunia & Blackwater Bidders seek Japanese Trading House Help
Bidders in the auction for BHP’s Blackwater and Daunia, are vying to attract five Japanese commodities houses to join their ranks.