The Coal Trader

Tag: Seaborne Coal

Coal News Coal Markets, Russia

Russian Coal Industry Faces Mounting Challenges in 2024 Amid Declining Exports and Production Shifts

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…

Coal Mining Tavan Tolgoi Railroad Mongolia

India Continues to Explore Mongolian Import Options

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…

Coal News Coal Markets BHP Coking Coal

BHP Group Cuts Worker Incentives Amid Performance Shortfalls

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…

Technical Analysis Series – BTU

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…