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Peabody Energy Corporation Reports Q2 2024 Earnings and Operational Highlights
Peabody reported strong financial results for Q2 2024, beating estimates by a wide margin with a net income attributable to common stockholders of $199.4 million, or $1.42 per diluted share, and adjusted EBITDA of $309.7 million…
Warrior Met Coal Reports Strong Q2 2024 Performance, Progress on Blue Creek
Warrior Met Coal announced robust financial and operational results for the second quarter of 2024, showcasing its continued success despite facing challenging market conditions…
Data Center/AI Load Growth Could Threaten Grid Reliability: Conference Board Report
The increasing electricity demand from data centers, driven by the rise of AI technologies, could significantly threaten grid reliability in the United States, according to a recent report by the Conference Board…
Potential Shortage of Russian High-CV Coal Looms in H2 2024
In the latter half of 2024, the global market is anticipated to experience a significant shortage of Russian High-CV coal as exports continue to decline…
Fire Extinguished at Grosvenor Coal Mine, Anglo American CEO Confirms
Anglo American announced that the fire at the Grosvenor coal mine in central Queensland is believed to be extinguished…
Q2 Earnings Preview – HCC
A walk through our Q2 estimates for HCC relative to expectations…
Court Upholds EPA’s CO2 Emission Regulation for Coal-Fired Power Plants
The Environmental Protection Agency (EPA) continues to enforce stringent emissions regulations on the energy sector, including a new rule requiring coal-fired power plants to capture at least 90% of their CO2 emissions…
China Issues Action Plan for Low-Carbon Transformation of Coal-Fired Power
China has launched an action plan to promote the low-carbon transformation of coal-fired power, co-issued by the National Development and Reform Commission and the National Energy Administration (NEA)…
Global Electricity Demand to Surge Amid Rising Temperatures and AI Growth
Global electricity demand is set to grow at its fastest pace in nearly 20 years in 2024, driven by increased air conditioning use due to rising temperatures, the International Energy Agency (IEA) reported today…
ArcelorMittal Poland Permanently Closes Krakow Coke Production
ArcelorMittal Poland (AMP) announced the permanent closure of its remaining coke battery at the Krakow plant…
