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.
Tag: Coal
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.
Coal News & Price Data – June 30, 2023 – Stratospheric Wind Anomaly
June 30, 2023
QBO wind anomaly is developing over the Equator, which will impact winter weather along with the El Nino event in the upcoming 2023/2024 Winter season
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.
Coal News & Price Data – June 28, 2023 – North America at Risk of Energy Shortfalls
June 28, 2023
North American Electric Reliability Corporation (NERC) warns that two-thirds of North America could face electricity supply shortages this summer due to increased demand for cooling during high temperatures.
Coal News & Price Data – June 27, 2023 – Pleasants Power Station
June 27, 2023
Omnis Global Technologies in talks to convert West Virginia’s Pleasants Power Station, one of the state’s largest coal plants, into a clean energy facility powered by hydrogen.
Coal News & Price Data – June 26, 2023 – Tornado Hits NARM
June 26, 2023
A tornado struck the North Antelope Rochelle Mine during shift change, resulting in eight injuries and no fatalities
Coal News & Price Data – June 23, 2023 – Fitch Ratings Update
June 23, 2023
Fitch Ratings has revised its global metals and mining assumptions, resulting in reduced short-term prices for copper, aluminum, zinc, and thermal coal.