Articles

  • Nov 15, 2024 | spglobal.com | Morgan Snook

    Rising coal consumption – both global and domestic – may support US thermal coal markets in 2025, multiple US coal miners said. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. "Demand for thermal coal continues to grow, and this growth is Asia centric," Peabody Chief Marketing Officer Malcolm Roberts said in Peabody's third quarter earnings call.

  • Nov 4, 2024 | spglobal.com | Morgan Snook

    Coal flows at Westshore Terminals in British Columbia, Canada, remained unaffected by strike and lockout activity in the region by the International Longshore and Warehouse Union, the Westshore Terminals operations department told S&P Global Commodity Insights on Nov. 4 Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Coal ships were continuing to load and depart from Westshore on schedule, the terminal said.

  • Oct 1, 2024 | spglobal.com | Morgan Snook

    The International Longshoremen's Association strike, declared Oct. 1 at US East and Gulf coast ports is not likely to support spot thermal coal prices due to a preexisting supply glut, according to a S&P Global Commodity Insights market survey. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.

  • Aug 6, 2024 | spglobal.com | Morgan Snook

    Coal's share of US electricity generation will shrink to an all-time low at 16.1% in 2024 due to lower utilization rates and ongoing capacity retirements, according to US Energy Information Administration data released Aug. 6. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. The remaining generation was expected to come from natural gas at 41.6%; nuclear, 19%; and renewable energy sources, 22.8%.

  • Jul 14, 2024 | spglobal.com | Morgan Snook

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