South African Thermal Coal Differentials
India’s coal imports slump as economy lockdown bites Korean imports of Australian coal have dived and the outlook is not positive
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Coal, Commodities, Steel Industry
China’s coal futures hit record as exchange tries to cool rally with fee hike
Prices have rallied 34 per cent so far this year as miners struggle to meet robust demand from the nation’s economic rebound. By Krystal Chia | Bloomberg Prices have rallied 34% so far this year as miners struggle to meet robust demand from the nation’s economic rebound. Safety and environmental inspections, mining accidents and an unofficial ban on […]
Anglo American, South32 walk away from thermal coal
By Vanessa Zhou | Australian Mining Anglo American is the second company to cut off its South African thermal coal assets following a similar move by South32 last week. Anglo American plans to demerge its thermal coal operations in South Africa and establish a new holding company called Thungela Resources to hold the assets. The […]
Coal snapshot: Mid-term outlook is positive
Gerard Peter | Mining Review Africa While there is a concerted effort by nations to reduce reliance on coal for both energy and production purposes, research analyst Fitch Ratings believes that the medium-term outlook for the commodity remains buoyant. There can be no doubt that the coronavirus pandemic has had an effect on global demand […]