
Russia’s presence in China thermal coal market on decline
Russian thermal coal’s presence in China has been dwindling in recent months, with the country’s thermal coal shipments taking smaller shares

Russian thermal coal’s presence in China has been dwindling in recent months, with the country’s thermal coal shipments taking smaller shares

India is reinforcing its commitment to increased coal-fired power generation ahead of COP28.

I’ve been hearing about US power plant retirements in the pipeline and although I knew it would hit the Powder River Basin (PRB) the hardest.

India’s crude steel output for January-September increased14% compared to the previous year, mainly due to infrastructure growth.

Teck CEO Price expressed confidence in the company’s stake sale to India’s JSW despite geopolitical tensions between Canada and India.

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.

I had lunch with a met producer sales guy yesterday and while discussing the upcoming domestic sales negotiating season, he mentioned that met buyers (North American end-users) seemingly “have all the power.”

Australian metallurgical coal prices were stable, while CFR China strengthened on higher domestic & increased interest in prompt cargoes.

Bidders in the auction for BHP’s Blackwater and Daunia, are vying to attract five Japanese commodities houses to join their ranks.

Asian metallurgical coal prices saw significant declines in Q2, with PLV Hard Coking Coal falling by 22.3% quarter on quarter to $233/mt.

China increased permits for new coal power plants in 2022, with local governments approving permits for 106 GW of new coal-fired capacity.

NextDecade Corp. will proceed with an $18.4 billion LNG plant in Texas, aiming to supply customers in Europe and Asia from 2027.