Coal News & Price Data – May 4, 2024 – Anglo American Rejects BHP Takeover Bid
European thermal coal imports are expected to increase slightly this month but remain low due to depleted stocks and weak demand
European thermal coal imports are expected to increase slightly this month but remain low due to depleted stocks and weak demand
BHP’s move on Anglo American is focused on long-term copper demand, but it would be a mistake to think there’s nothing else of value in Anglo’s portfolio.
European thermal coal imports are expected to increase slightly this month but remain low due to depleted stocks and weak demand
The $US1.65bn price South32 achieved for the sale of Illawarra Metallurgical Coal has been described around the market as a knockout one
Peabody Energy’s Q4 2023 showed lower-than-expected net income and revenues due to decreased volumes and higher costs
Anglo American’s Queensland metallurgical (met) coal production reached 16.0 million tonnes (mt) in 2023,
The coal brigade is back to kick tyres at London-listed miner Anglo American’s Australian mines.
Coal Producer Price Action – A Quick Note: Coal producers continue to bounce as I write this around noon on Wednesday.