Approximately 500 workers from a coalition of the Australian unions, initiated a three-week strike at Chevron’s LNG plants.
Weak monsoon rainfall in India has led to a decline in hydropower generation, increasing reliance on coal-fired power.
US domestic met coal market is currently facing several challenges, with the UAW strike looming on the horizon.
New South Wales (NSW) will update coal royalty rates to ensure a fair return for the state’s resources in modern market conditions.
The following report published by a Chinese investment bank, Cinda Securities, contains some inside baseball on the Chinese coal industry.
Cameco has provided a market update indicating challenges at the Cigar Lake mine and Key Lake mill will affect their 2023 production forecast.
Safety inspectors in China’s Shaanxi province have ordered the suspension of operations at two more coal mines
Australian prime hard met coal prices are expected to rally further due to a supply squeeze, resulting in progressively higher priced trades.
The IEA’s July 2023 coal market update reveals production costs remain high, as reflected in recent financial reports from producers.
Lets go through BHP’s Economic and Commodity Outlook, pull out/summarize the important highlights and provide my thoughts on various topics.
US thermal coal exports increased by 21.1% in January-June, driven by higher deliveries to India which was up over 52%.
India’s JSW Steel is reportedly considering acquiring a 75% stake in Teck Resources’ steelmaking coal business.