Q2 2023 MSHA Update
July 24, 2023
With most of the Q2 2023 MSHA coal production numbers in, I think its time to look under the hood and see what’s going on.
Tag: Coal
Something to Chew on for Earnings Season
July 24, 2023
Herewith a few points really quick to give you something to chew on in preparation for earnings season in regards to METC, ARCH & BTU.
Coal News & Price Data – July 17, 2023 – Met Coal Q2 Review
July 17, 2023
Asian metallurgical coal prices saw significant declines in Q2, with PLV Hard Coking Coal falling by 22.3% quarter on quarter to $233/mt.
Coal News & Price Data – July 14, 2023 – China’s New Coal Fired Power Pipeline
July 14, 2023
China increased permits for new coal power plants in 2022, with local governments approving permits for 106 GW of new coal-fired capacity.
Coal News & Price Data – July 13, 2023 – NextDecade Takes FID on $18.4B LNG Facility
July 13, 2023
NextDecade Corp. will proceed with an $18.4 billion LNG plant in Texas, aiming to supply customers in Europe and Asia from 2027.
Coal News & Price Data – July 12, 2023 – EIA’s Latest Energy Outlook
July 12, 2023
Latest EIA Energy Outlook reveals coal output expected to decline by 4.19% y/y to 572.2 mst in 2023, surpassing an earlier projection.
Note on Thermal Coal Markets
July 11, 2023
Thermal coal markets have high inventories and are experiencing increased demand during the summer cooling season in the northern hemisphere.
Coal News & Price Data – July 11, 2023 – NSW Court Dismisses Narrabri Stage 3 Blocking Case
July 11, 2023
Whitehaven Coal announced a court in New South Wales dismissed a lawsuit brought seeking to invalidate consent for Narrabri Stage 3.
Coal News & Price Data – July 10, 2023 – ARLP Breaking Ground on Henderson Co. Mine
July 10, 2023
Alliance Coal (ARLP) has started the construction of the Henderson County Coal Mine, a multi-million-dollar operation in Kentucky.
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 – July 5, 2023 – New LNG Storage Hub
July 5, 2023
Novatek’s first floating transfer hub for LNG arrived in the Russian Arctic after a journey from South Korea & will export LNG to Europe.