Pledges by President Donald Trump to save the U.S. coal industry and boost so-called clean coal technology are proving to be no match for the free market. Competition from lower-cost natural gas and renewables has led to a wave of bankruptcies and... Continue reading
National Australia Bank (NAB) has trimmed its forecasts for metallurgical coal and thermal coal for next year given weakening longer term demand prospects, it said on Wednesday.
It now sees thermal coal prices averaging at $70 a tonne in... Continue reading
Indonesia's Ministry of Energy and Mineral Resources set its October thermal coal reference price -- also known as Harga Batubara Acuan, or HBA -- at $64.80/mt, down 1.5% month on month and 35.8% year on year, the lowest since October 20... Continue reading