China’s Top Coal Producer Cuts Output Amid Safety Concerns
February 28, 2024
China Shenhua, the country’s largest coal producer, announced a 2.59% cut in its 2024 coal output target, raising questions about the future
Tag: Metallurgical Coal
Futura Resources Starts Production at New Queensland Coal Mine
February 28, 2024
Futura Resources has officially begun operations at its Wilton open-cut mine, marking it as Queensland’s newest coal producer.
Coal News & Price Data – February 26, 2024 – Alpha Beats on Q4 Earnings
February 26, 2024
Alpha Metallurgical Resources reported strong financial results for Q4 2023, with net income of $176.0 M and Adjusted EBITDA of $266.3 M.
Olive Downs’ PE owners test waters for continuation fund
February 26, 2024
Private equity-backed Queensland coking coal mine Olive Downs is ready to shake up its ownership.
Coal News & Price Data – February 23, 2024 – Weekly Met Market Summary
February 23, 2024
Australian metallurgical coal prices remain stable, potentially upheld by end-user purchases, although overall sentiment is bearish
China’s PLV HCC coal mine production capacity drops below 54 million tons and will further decrease in 2024
February 23, 2024
The production capacity of PLV HCC coal mines in China has shown a downward trend in recent years.
Queensland Coal Producers Feel the Pinch of Rising Royalty Taxes
February 23, 2024
Australian coal producers, particularly those operating in Queensland, are facing a significant financial squeeze due to higher royalties
Chinese coke plants’ output slides
February 23, 2024
The total volume of metallurgical coke produced declined during February 15-21, slipping by 5,600 tonnes/day on week
Environmental Groups Oppose Crown Mountain Coking Coal Project in Elk Valley
February 22, 2024
The BCWF has announced it is opposed to the open-pit coal mine proposed by NWP Coal Canada Ltd. for the heart of Elk Valley.
Metallurgical coal is the commodity world’s quiet performer
February 22, 2024
When looking at the commodities used to make steel, iron ore gathers the bulk of headlines given its strong link to the China’s economy.
Coking Coal Prices Surge on Rumors of Shanxi Production Cuts
February 21, 2024
Coking coal futures prices hit their daily limit on February 21st as news of potential production cuts in Shanxi province,
Dalian coking coal soars as miners plan output cuts
February 21, 2024
The most-traded coking coal futures contract on the Dalian Exchange for delivery in May ended the morning trading session rising by 7.44%