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US supplies nearly half of Brazil's overall met coal imports. Will US suppliers continue to expand their foot print in Latin America at the expense of Australian shippers? Session Chair: Ranjana von Wendland, Senior Markets Analyst, Coal, IHS Markit; Kevin Karazsia, Head of Met Coal Sales, Ramaco
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Alabama-based Warrior Met Coal produced and sold 2.2 million tons of met coal in the second quarter of 2019. That was an increase of 13.8% in production compared to the second quarter of 2018. The quarterly sales figure was also a record for the company and an 18.8% increase over the amount sold in the second quarter of 2018.
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Charles Lussier was appointed as our Chief Commercial Officer effective March 1, 2020, after serving as our Senior Vice President, Sales and Marketing since March 1, 2019. Prior to joining the Company in March 2018 as Vice President, Sales and Marketing, Mr. Lussier was employed as the General Manager of Nitrogen and Latin America Strategy of the global explosives company, Dyno Nobel, from
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Sources: US Met Coal Mine Oak Grove Remains Idle, No Restart Date . January 10, 2020 - The Oak Grove coking coal mine in Alabama has been idled and no information on a restart is available, according to market sources and the coal's marketer, Javelin Global Commodities. Mine stockpiles have been used to help fully meet sales commitments for the high CSR, mid-vol coal, and no shipments were
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For 2020, Contura has committed and priced approximately 42% of its CAPP production. Met tons are expected to average $101.31/ton, while CAPP thermal coal sales are expected to average $55.54/ton. Nearly all NAPP tons (99%) will be sold at an average price of $43.34/ton.
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Looking at US-China coking coal trade flows in the last few years, volumes have demonstrated significant variances, largely led by spot prices (see chart below). Based on Chinese customs data, US met coal exports for HCC and Premium HCC to China were 2.08 million mt in 2014, but plunged to zero in 2016, as annualized SP Global Platts Premium
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Coal has been trading around $55 per tonne in May, as energy consumption has fallen following global lockdowns measures to control the spread of the coronavirus. The IEA said global electricity demand is set to decline by 5% in 2020, the largest drop since the Great Depression. On top of that, many utilities have cut back on coal first, because it is more expensive than gas or renewables.
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The previously announced guidance for cost of coal sales remains unchanged for 2020, with CAPP - Met expected to be in a range of $76.00 to $81.00, CAPP - Thermal expected to be in the range of $56.00 to $60.00 per ton and NAPP in the range of $34.00 to $38.00 per ton.
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Join us for our free webinar series, running from Wednesday 22nd April onwards. SESSION ONE: Macro overview of global coal market during COVID-19 . Wednesday 22 April, GMT (London) 9.30am-10.30am – Singapore 4.30pm-5.30pm Watch the recording of the webinar. SESSION TWO: China: recovery and re-emergence of the coal giant. Wednesday 29 April, GMT (London) 9.30am-10.30am – China 4.30pm
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US supplies nearly half of Brazil's overall met coal imports. Will US suppliers continue to expand their foot print in Latin America at the expense of Australian shippers? Session Chair: Ranjana von Wendland, Senior Markets Analyst, Coal, IHS Markit; Kevin Karazsia, Head of Met Coal Sales, Ramaco
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Metallurgical coal differs from thermal coal, which is used for energy and heating, by its carbon content and its caking ability. Caking refers to the coal's ability to be converted into coke, a pure form of carbon that can be used in basic oxygen furnaces. Bituminous coal—generally classified as a metallurgical grade—is harder and blacker and contains more carbon and less moisture and ash
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Wednesday 20 May 2020 11:07. US demand for explosives is forecast to fall 1.9% annually in volume terms through 2024, according to 'Explosives: United States', a report recently released by Freedonia Focus Reports. Advertisement . Air Products to invest US$2 billion for coal-to-methanol project in Indonesia Wednesday 20 May 2020 10:48. Air Products has announced it has signed a definitive
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Sapphire Coal Company was formed in 2004 out of the former assets of Golden Oak Mining and Cook Sons Mining in Letcher County employing now more than 200 people and shipping more than 1 million clean tons of coal a year. More . WELLMORE COAL COMPANY. In 2006, United Coal Company purchased The Rapoca Group, LLC, headquartered in Bristol, Va., and renamed the operation Wellmore Coal
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Warrior Met Coal PS Ratio: 0.4271 for April 21, 2020. View 4,000+ financial data types. Browse View Full Chart PS Ratio Chart . Export Data Save Image Print Image For advanced charting, view our full-featured Fundamental Chart. Historical PS Ratio Data. View and export this data going back to 2016. Start your Free Trial. Export Data Date Range: Data for this Date Range ; April 21, 2020: 0
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Metallurgical coal differs from thermal coal, which is used for energy and heating, by its carbon content and its caking ability. Caking refers to the coal's ability to be converted into coke, a pure form of carbon that can be used in basic oxygen furnaces. Bituminous coal—generally classified as a metallurgical grade—is harder and blacker and contains more carbon and less moisture and ash
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Alabama-based Warrior Met Coal produced and sold 2.2 million tons of met coal in the second quarter of 2019. That was an increase of 13.8% in production compared to the second quarter of 2018. The quarterly sales figure was also a record for the company and an 18.8% increase over the amount sold in the second quarter of 2018.
Get more
Join us for our free webinar series, running from Wednesday 22nd April onwards. SESSION ONE: Macro overview of global coal market during COVID-19 . Wednesday 22 April, GMT (London) 9.30am-10.30am – Singapore 4.30pm-5.30pm Watch the recording of the webinar. SESSION TWO: China: recovery and re-emergence of the coal giant. Wednesday 29 April, GMT (London) 9.30am-10.30am – China 4.30pm
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The Indonesian coal industry is rather fragmented with only a few big producers and many small players that own coal mines and coal mine concessions (mainly in Sumatra and Kalimantan). Since the early 1990s, when the coal mining sector was reopened for foreign investment, Indonesia witnessed a robust increase in coal production, coal exports and domestic sales of coal.
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Coal Market News Coal Burned by China Power Plants Jumps on Heat, Virus Recovery. 13 May 2020 | Source: Bloomberg. An indicator of China's coal demand surged almost a third above levels last year as hotter-than-usual weather and factories rushing to make up for lost orders boosted power demand, spurring a rebound in prices.
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Last year, met coal made up 53% of total coal exports and this share is likely to move higher over the next few years. Strong demand from Asian countries for met coal has helped to support higher global prices, encouraging U.S. producers to increase their investments in met coal mining. Coal mined in the Appalachia region is particularly suited for steel production, and with the region's
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globalCOAL's Coal Market Report is delivered each working day (Monday – Friday inclusive) at around 17.00 London time, except for UK Bank Holidays. What additional data to I get with the report? Subscription to the Coal Market Report also includes free access to our practical online analysis tools which will assist you to:
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