New Hope commits A$105 million to Maxwell Mine project development
February 8, 2024
Coal mining company New Hope is looking to increase its stake in Malabar Resources by committing up to $68.4m in an equity-raising initiative.
Tag: Metallurgical Coal
Coal News & Price Data – February 7, 2024 – Frictional Ignition Event at Kestrel
February 7, 2024
Kestrel Coal Resources is addressing a production halt due to a “frictional ignition event” to restore metallurgical coal supplies
Australian coking coal exports drop 17% MoM in January 2024
February 7, 2024
Australian coking coal exports dropped 17% m-o-m to 10.80 million tonnes (mnt) in January’24 as against 13.08 mnt in December’23
Russell Vale Colliery to Close Despite Recent Restart
February 7, 2024
Workers at the Russell Vale colliery in NSW, Australia, have been dealt a blow with the news of its closure by operator Wollongong Resources
New Coal Mine Proposed for Canadian Rockies
February 6, 2024
A mining company wants to open a new coal mine in B.C.’s Rocky Mountains to extract, process and export coal in high demand in Asia
India Coking Coal Imports down 5% MoM in January
February 6, 2024
India’s coking coal imports in January’24 fell by 5% to 4.77 mnt as against 4.99 mnt in December’23, as per BigMint data.
Australian Coking Coal Exports dropped 5.8% in 2023
February 5, 2024
Australia’s metallurgical coking coal exports in December continued to recover from October and November to a six-month high
Asia met coal could see supply crunch in Q1, reselling interest to cap price rise
February 5, 2024
The seaborne metallurgical coal market faces a murky path in 2024, with premium hard coking coal prices expected to remain elevated in Q1
Hampton Roads volumes up 12% in 2023
February 5, 2024
In 2023, coal exports from Hampton Roads terminal in Virginia, the United States, increased to a 5-year high, reaching 35.5 million short tons
Coal News & Price Data – February 2, 2024 – Weekly Met Market Summary
February 2, 2024
Australian seaborne prime hard coal prices declined by $2.00/t on February 2, influenced by lower offers both on-screen and off-screen
China’s met coal prices seen rangebound in Feb
February 2, 2024
Chinese prices of metallurgical coal are expected to hold largely steady until mid-February as market trading will slip to a standstill
Cross Border Railway between Mongolia & China will start in April
February 1, 2024
The Prime Minister of Mongolia issued an instruction to start construction of the cross-border railway between Gashun Suhaitu-Ganqimaodu Port