Market Dynamics: European Thermal Coal and Global Coal Markets
July 23, 2024
A rundown of recent price action in global coal markets…
Tag: Seaborne Coal
Coal News & Price Data July 20, 2024 – Whitehaven Coal Reports Strong Q1 FY24 Production, Successful Integration of Acquisitions
July 20, 2024
Whitehaven Coal reported a solid quarter with saleable coal production coming in at 4.0Mt, while sales of 3.2Mt were impacted by initial rail logistics delays, which have since been resolved…
India Continues to Explore Mongolian Import Options
July 20, 2024
India’s increasing dependence on imported coking coal has led the government to seek to diversify its sources, including exploring imports from Mongolia in a broader strategy to avoid over-reliance on any single country…
Yancoal Reports Steady Q2 2024 Production and Market Performance
July 20, 2024
Yancoal reported attributable coal sales reached 8.6 million tonnes, exceeding attributable saleable coal production by 0.4 million tonnes in Q3 2024…
Coal News & Price Data July 5, 2024 – Mine Fires Reignite Met Market Interest
July 5, 2024
Holy supply disruptions, Batman. Not one, not two, but these THREE separate incidents are going to tighten up metallurgical coal markets over the next month or so…
BHP Group Cuts Worker Incentives Amid Performance Shortfalls
July 5, 2024
BHP Group, the world’s largest listed miner, has announced significant cuts to its employee incentive payments after failing to meet performance targets. This decision will affect tens of thousands of workers globally, as reported by the Australian Financial Review…
Closure of Holt Lock Disrupts Coal Transport on Alabama’s Black Warrior River
June 30, 2024
The U.S. Army Corps of Engineers (USACE), Mobile District, has announced the closure of the Holt Lock in Alabama, cutting off river transportation for Peabody and Warrior…
Technical Analysis Series – BTU
June 27, 2024
For our third installment in the series here, I thought it best to tackle Peabody Energy BTU -1.91%↓. That’s not necessarily because it’s an interesting risk-reward at this point in the market cycle. Rather, it’s simply because I get more questions on it than any other coal stock. Well, that and it has had the most predictable trading range of the entire sector…
Coal News & Price Data – June 17, 2024 – Expanded US Sanctions Deepen Strain on Russian Coal Industry
June 17, 2024
The United States Treasury Department has broadened its sanctions against Russian coal enterprises, including Elga, Coalstar, and the Mairykhsky open-pit mine…
India’s Metallurgical Coal Imports Surge to Meet Steel Demand
June 17, 2024
India metallurgical coal imports have risen significantly over the last few months, reaching 31.7 million tonnes from January to May 2024, a 9% increase from the previous year…
US Coal Exports Expected to Rise in 2024
June 17, 2024
The United States is projected to increase its coal exports to 102.6 million short tonnes in 2024, up by 2.8% from the previous year, according to the Energy Information Administration’s (EIA) latest Short-Term Energy Outlook…
Australia-China Relations: A Step Toward Reconciliation
June 17, 2024
Chinese Premier Li Qiang’s recent visit to Australia marks a pivotal moment in thawing the frosty relations between the two nations…