Coal News & Price Data – October 21, 2024
Coal News & Price Data – Oct 21, 2024
Employees of the Inskaya mine in the Kemorovo region of Russia have resorted to a hunger strike, protesting the non-payment of wages for four months…
Metinvest, who owns the Pokrovske coking coal mine, discusses their mitigation strategy should Russian forces take control of the operation…
Coal News & Price Data – October 17, 2024
Russian troops now within 12 kilometers of the Pokrovske coal mine, the loss of which could deal a severe blow to Ukraine’s steel sector…
Russian Railways (RZD) has announced it will not extend its agreements with key coal-mining regions regarding eastbound coal exports in 2025, potentially triggering a significant decline in coal production and export volumes…
Russian coal producers continue to grind through a turbulent 2024, marked by a slight overall decline in output and a significant drop in coal exports. From January to July 2024, total coal production across Russia has declined modestly to 250.6 million tons (Mt), down just 1.9 Mt or 0.8% year-on-year. Exports have struggled, however, falling sharply to 105.8 Mt, a decrease of 11.2 Mt or 10% compared to the same period in 2023…
A rundown of the week’s news and price assessments…
In the latter half of 2024, the global market is anticipated to experience a significant shortage of Russian High-CV coal as exports continue to decline…
In the first half of 2024, coal mining enterprises in Kuzbass produced 102.8 million tonnes of coal, marking a 5.5% year-on-year decline…
In the first half of 2024, Russian coal shipments saw a notable decrease, falling to 25 million tonnes…
Taiwan has emerged as the fifth-largest buyer of Russian coal, raising concerns among environmental and international organizations…