4 ·At Warrior we are dedicated entirely to the responsible mining of metallurgical met coal also known as hard coking coal HCC a critical component of steel production by metal manufacturers in Europe South America and Asia We are a reliable safety focused low cost supplier of met coal with quick supply routes through the Port of Mobile
·The average price for metallurgical coal exports rose particularly sharply in 2022 following trade restrictions on coal from Russia—one of the few other major metallurgical coal producers—implemented in the wake of Russia s full scale invasion of Ukraine combined with global supply chain disruptions during the same year
·However the market maker over at Platts has low vol about $3/mt lower than high vol A and it doesn t make a lot of sense to me All of the incremental supply throughout the world has been from the high er vol category even in China In terms of supply and demand the low vol price should be higher than high vol not lower I show the high
·Second quarter coal production at Central Appalachia s 25 top producing mines totaled million tons up about % from the million tons produced in the same quarter a year ago
·Metallurgical Coal News Bullish On January 11 2024 Asian metallurgical coal prices rose slightly due to a shortage of high quality coal supplies The benchmark Premium Low Vol Hard Coking Coal was priced $/mt higher at $/mt FOB Australia
·PT Harum Energy Tbk an Indonesian coal mining company increased coal production by % in 2023 reaching 7 million tons with sales volume rising by 42% to million tons Despite a % decrease in production during October to December sales surged by 50% The average sales price dropped by % to US$/MT
Teck Resources is one of the largest metallurgical coal producers in North America The company operates several coal mines in Canada including the Elkview Fording River and Greenhills mines Teck Resources metallurgical coal is known for its low sulfur content and high energy value making it a preferred choice for steel producers 5
·Bluestone operates two surface mines Red Fox near Bishop West Virginia and 39A near Keystone They produce mid vol and low vol met coal respectively The company also operates two deep mines Paycar No 58 near Keystone and the No 57 mine near Kimball West Virginia Both turn out low vol met coal Bob Matyi newsdesk
·Costs for most US met coal producers have Low Vol met coal prices FOB mine Note Prices settle in Q3 for delivery the following year $60 $90 $120 $150 $180 $210 $240 $270 $300 $330 $360 4Q20 4Q21 4Q22 4Q23 4Q24 4Q25 4Q26 HVA Spot HVA Contract Act Fcst $/st High Vol A met coal prices FOB mine Note Prices settle in Q3
Cockatoo Coal Limited ASX COK CCL is a rapidly growing ASX listed Australian metallurgical coal producer CCL s current focus is on expanding the existing Baralaba ultra low vol PCI coal mine operation in central Queensland The Company is also advancing emerging coal projects in both Queensland and New South Wales With a program to develop key operating assets and
3 ·This metallurgical coal surface mine became Conuma Coal s first operational mine in 2016 The open pit project supplies some of the best low volatile Pulverised Coal Injection PCI coal in the world providing a coveted resource for steelmakers Coal Mountain Operations Location Sparwood British Columbia Owner Teck
·The following grades are recognized from highest to lowest quality low vol med vol high vol A and high vol B The largest met coal exporters are Australia 50% global market share as of 2022 followed by Russia 16% the US 13% and Canada 9%
·Let me provide an example demonstrating the importance of export capacity by contrasting two US based met coal producers AMR and METC Starting with AMR the company is the largest met coal producer in the US that owns a majority stake in the Dominion Terminal Associates a coal export terminal in Newport News Virginia
The Metallurgical Coal Producers Association formerly the Virginia Coal & Energy Alliance is a non profit organization made up of metallurgical coal producers and those who support our producing members operations Our emphasis is on metallurgical coal the issues related to it and the opportunities metallurgical coal brings to our region
·US sells Itmann low vol to Japan facing tightness in low vol supply Concerns arise over Japanese economy as it enters recession US met exports to Japan up % in CY23 Thermal Coal News Neutral Asian thermal coal prices remain steady amid muted demand and tight supply Chinese low CV demand expected to rise post holidays for blending
·Metallurgical Coal News Neutral Asian metallurgical coal FOB prices remained steady on Feb 27 but CFR China prices decreased slightly after the conclusion of the fourth round of met coke price cuts The Premium Low Vol Hard Coking Coal index was priced at $/mt FOB Australia and $318/mt CFR China
coal imports in the second quarter of 2024 totaled MMst The average price of coal imports during the second quarter of 2024 was $ per short ton Steam coal exports totaled 12 MMst % lower than the first quarter of 2024 Metallurgical coal exports totaled MMst 4% lower than the first quarter of 2024
Metallurgical Coal Market report summarizes top key players overview as Coal India Bituminous class coals of a high medium and low volatile rank that possess these properties are called coking coals the Australian government approved $700 million coking coal mine contract to privately help Pembroke Resources to meet the growing
·An offer for Australian high vol HCC was indicated at around $240/mt CIF ARA Colombian high vol coking coal was offered at around $175/mt FOB Caribbean to Europe The US High Vol A price fell to $260/mt FOB US East Coast leading to a narrowing spread with PLV FOB Australia The US high vol A and high vol B spread also narrowed
·CONSOL Energy Inc NYSE CEIX is a Canonsburg Pennsylvania based producer and exporter of high Btu bituminous thermal coal and metallurgical coal It owns and operates some of the most productive longwall mining operations in the Northern Appalachian Basin CONSOL recently developed the Itmann Mine in the Central Appalachian Basin
·Metallurgical Coal News Bullish On January 11 2024 Asian metallurgical coal prices rose slightly due to a shortage of high quality coal supplies The benchmark Premium Low Vol Hard Coking Coal was priced $/mt higher at $/mt FOB Australia
Cockatoo Coal Limited ASX COK CCL is a rapidly growing ASX listed Australian metallurgical coal producer CCL s current focus is on expanding the existing Baralaba ultra low vol PCI coal mine operation in central Queensland The Company is also advancing emerging coal projects in both Queensland and New South Wales With a program to develop key operating assets and
·Alpha Metallurgical Resources another major metallurgical coal producer in the US that announced the closure of its last thermal coal mine in the third quarter of 2023 is hosting its earnings call on Feb 26 Ramaco Resources Inc another US metallurgical coal producer has yet to announce its fourth quarter earnings release date
·Metallurgical Coal News Neutral to Bullish Asian metallurgical coal prices rebounded on Feb 8 with a trade reported at $/mt FOB Australia supported by limited trade activity due to Lunar New Year holidays in China and other Asian markets Offers for premium low vol and mid vol coal were present but bids were scarce
·The Itmann project was announced in early 2019 to develop a metallurgical coal mining operation in Wyoming County West Virginia At its full run rate the Itmann Mine will produce more than 900 thousand tons per year of low vol coking coal and the mine is slated to run for over 20 years
