Australia Archives - Page 13 of 14

Coal News & Price Data – September 6, 2023 – NSW Revises Royalty Rates

September 6, 2023

New South Wales (NSW) will update coal royalty rates to ensure a fair return for the state’s resources in modern market conditions.

Coal News & Price Data – September 5, 2023 – Cameco Lowers Production Guide

September 5, 2023

Cameco has provided a market update indicating challenges at the Cigar Lake mine and Key Lake mill will affect their 2023 production forecast.

Coal News & Price Data – August 31, 2023 – Met Coal Looking Bullish

August 31, 2023

Australian prime hard met coal prices are expected to rally further due to a supply squeeze, resulting in progressively higher priced trades.

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

August 30, 2023

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 28, 2023 – Thermal Cost Pressures Mount

August 28, 2023

The IEA’s July 2023 coal market update reveals production costs remain high, as reflected in recent financial reports from producers.

Coal Mining Appin Mine Illawara Met Coal

Coal News & Price Data – August 11, 2023 – Strike at S32’s Appin Mine

August 11, 2023

South32 said it’ll halt some Appin Mine operations, which is part of Illawarra Metallurgical Coal, due to a strike of mining supervisors.

Coal News & Price Data – August 10, 2023 – Potential Strike Causes LNG Jitters

August 10, 2023

European natural gas prices experienced the largest jump since March of the previous year due to concerns over potential supply disruptions.

Jittery LNG & Natural Gas Markets

August 9, 2023

European natural gas prices experienced the largest jump since March of the previous year due to concerns over potential supply disruptions.

Coal News & Price Data – July 7, 2023 – Dry Bulk Facing Challenges in Q3

July 7, 2023

The dry bulk shipping market is expected to face challenges in the third quarter due to China’s sluggish economic recovery and weak commodity demand.

Coal News & Price Data – June 29, 2023 – Thieves Threaten South African Rail

June 29, 2023

South Africa to a power plant has faced setbacks due to criminal activity targeting the country’s rail system. The project, aimed at replacing coal truck deliveries, has been delayed due to vandalism and copper cable theft. In addition to the theft of copper cables, criminals are also targeting the rail system to promote truck usage.