Risun Group successfully obtained an export license to begin shipping high-quality coke from Indonesia
The Risun Group facilities at IMIP Industrial Park in Sulawesi officially obtained an export license from the Indonesian government.
Indonesia
Indonesia aims to start collecting levies from coal miners in January
Indonesia plans to start collecting levies from coal miners in January to be used to compensate miners who sell coal to the state utility
Coal News & Price Data – November 21, 2023 – Summary of Chinese Oct Coal Imports
In October 2023, China experienced fluctuations in coal imports, with coking coal reaching 7.98 million tons, showing a YoY increase of 28.5%
Cokal has appointed Levine Latersia Baratama as its mining contractor
Cokal has appointed Levine Latersia Baratama (LLB) as its primary mining contractor at the Bumi Barito Mineral (BBM) metallurgical coal mine
Coal News & Price Data – November 20, 2023 – Chinese Mining Accident Safety Fallout
Top meeting were held focusing on safety in China, investigating hidden risks, and preventing major accidents.
Coal News & Price Data – November 17, 2023 – Met Market Weekly Summary
Australian seaborne metallurgical coal prices increased for the second consecutive trading day following a sell-side tender at $326.77/t.
Coal News & Price Data – November 16, 2023 – More Accidents & Safety Shutdowns for Chinese Met Mines
Three fatal accidents in as many days have led to mining suspensions in Shanxi, a major coal-producing province in China.
Coal News & Price Data – November 14, 2023 – Glencore wins Teck’s Met Business
Glencore has acquired a 77% stake in Teck Resources’ Elk Valley Resources (EVR) for $6.93 billion.
Coal News & Price Data – November 9, 2023 – Indian Met Coke Reliance to Increase
India’s steel industry executives gathered in Delhi to discuss ways to reduce carbon emissions. Indian Met Coke Reliance to Increase
Coal News & Price Data – November 8, 2023 – Ramaco Q3 Earnings
In Q3 2023, Ramaco Resources, a U.S. metallurgical coal producer, reported net income of $19.46 million and adjusted EPS of $0.45/share