The North American coal industry remains negatively positioned for 2016 with thermal coal facing a slow, long-term decline and metallurgical coal prices unlikely to recover within the next 12 months, a Moody's Investors Service note said ...
Bowie Resource Partners will become the US' largest Western bituminous coal producer following a deal with Peabody Energy, according to the company. The Louisville, Kentucky-based company expects the $358 million acquisition to nearly ...
Tags: coal, Peabody, bituminous coal
Coal exports from terminals in Virginia's Hampton Roads region totaled 1.93 million st in October, down 1.9% from September and down 29.1% on the year, according to figures released Tuesday by the Virginia Maritime Association. While the ...
Tags: Coal Exports, coking coal, down
Australian thermal coal shippers such as BHP Billiton, Glencore, Peabody Energy and Rio Tinto may potentially have to wait until June 2017 for China to eliminate its 6% tariff on imports of Australian thermal coal, the Australian government ...
Tags: Import Tariff, Thermal Coal
China's declining use of coal may be felt from Australia to the United States, especially the US state of Wyoming where coal is major part of the economy. Last week Premier Li Keqiang said China wanted to reduce its energy intensity ...
Tags: Metallurgy, coal, Coal Consumption
US-based Peabody Energy has announced that metallurgical coal fundamentals are expected to improve as global metallurgical coal production cuts will be realized over the next two quarters. Regarding metallurgical coal fundamentals, the ...
Tags: Peabody Energy, metallurgical coal
Illinois Basin market sentiment was mixed this week, as some participants said they see prices rising on heightened domestic demand, partly to rebuild stockpiles, while others took a persistently bearish view that increased production in ...
May coal exports from Virginia's Hampton Roads region totaled roughly 3.6 million st, down 8.2% from April and down 17.5% from the year-ago month, the Virginia Maritime Association said Wednesday. Weak seaborne pricing for both ...
Tags: Chemicals, Coal, Metallurgy, Mineral
Peabody Energy estimates that Southern Powder River Basin coal prices are up about 30% in the trailing six-month period ended April 30, with SPRB stockpiles dropping below "normal" levels to 48 days use. Peabody's estimates, which were ...
Tags: coal, natural gas
Peabody Energy has closed its Viking surface coal mine in Daviess County, Indiana, several months after the mine had been expected to cease operations because its reserves of high-sulfur steam coal were running out. "Production operations ...
Tags: Peabody, Surface Coal
The three coal terminals at Australia's Newcastle port increased their combined shipments of thermal and coking coal 39% week on week to 3.45 million mt on Monday, hitting a 13-week high, according to Newcastle Port Corp. data released ...
Tags: Terminals'Coal, coal
March coal exports from Virginia's Hampton Roads region totaled 4.35 million st, up 1.4% from February but down 23.7% from the year-ago month, the Virginia Maritime Association said Monday. Neither the association nor the individual ...
Tags: coal exports, Hampton Roads
In the week ended March 31, coal shipments from the Port of Newcastle in Queensland, the coal producing state of Australia, totaled 2.84 million mt, according to Newcastle Port Corporation. The figure constitutes an increase of 1.6 percent ...
Tags: Coal Exports, Newcastle Port
Port Waratah Coal Services' export terminals at Australia's Newcastle port shipped 2.35 million mt of mostly thermal coal to China in March, down 6% from February, the operator said in a report Tuesday. China's offtake represented 26.3% ...
Tags: Coal, thermal coal, coal shipments
Coal shipments to South Korea from Port Waratah Coal Services' terminals at the Australian port of Newcastle slumped 55% from January to 993,000 mt in February, the company said Thursday. The drop comes after Port Waratah's terminals ...
Tags: Coal Imports, Newcastle Port, Coal shipments