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…
The United States Treasury Department has broadened its sanctions against Russian coal enterprises, including Elga, Coalstar, and the Mairykhsky open-pit mine…
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…
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…
Chinese Premier Li Qiang’s recent visit to Australia marks a pivotal moment in thawing the frosty relations between the two nations…
he United States Treasury Department has broadened its sanctions against Russian coal enterprises, which now includes Elga, Coalstar, and the Mairykhsky open-pit mine…
Global coal trade has seen a robust resurgence, achieving pre-COVID levels in recent months, as evidenced by vessel tracking data from AXS Marine. Throughout 2023, global seaborne coal loadings escalated by 5.8% year-over-year, totaling 1,339.5 million tonnes…
Exports from key Queensland, Australia metallurgical coal ports —Hay Point, Dalrymple Bay Coal Terminal (DBCT), Abbot Point, and Gladstone— rose by 8.5% in May.
Global coal trade has seen a robust resurgence, achieving pre-COVID levels in recent months, as evidenced by vessel tracking data from AXS Marine. Throughout 2023,
Australian metallurgical coal prices dropped this week due to an influx of offers from traders and selling activity from end-users
I’m going to kick this off by reiterating my avoidance call on all thermal coal, that is US domestic and seaborne thermal.
India is the second largest importer of coal during 2023 as global coal trade has really picked up pace in recent months