After a Jekyll and Hyde year in 2019, and a decade characterised by China’s disruption of the met coal trade, participants can be forgiven for being sick of change. But research firm Wood Mackenzie believes a shift toward consistency and stability is probably too much to ask for in 2020 as China continues to play powerbroker over the seaborne market and spot pricing.
News ID: 8426 Publish Date : 2020/02/07
US coal miner Peabody Energy (NYSE:BTU), the world’s largest privately owned producer of the fossil fuel, reported on Wednesday a fourth-quarter loss of $289.8 million, a notable reversal of fortunes from a year ago, when it posted a profit.
News ID: 8405 Publish Date : 2020/02/06
China is carrying out a new round of safety inspections on coal mines across the country from Nov. 27 until Feb. 27, the National Coal Mine Safety Administration said on Thursday.
News ID: 7849 Publish Date : 2019/11/29
Murray Energy, the US largest privately owned coal producer led by outspoken Donald Trump ally Robert Murray, has filed for chapter 11 protection, as the fossil fuel’s role in the country’s energy mix continues to diminish.
News ID: 7170 Publish Date : 2019/11/01
Mongolian state-owned coal miner Erdenes Tavan Tolgoi JSC is ramping up work on a planned Hong Kong initial public offering that could raise more than $1 billion, people familiar with the matter said.
News ID: 7168 Publish Date : 2019/11/01
It’s not a great time to be a coal miner , but there’s never been a better time for their shareholders.
News ID: 4128 Publish Date : 2019/03/23