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Met Coal Junkie
Daily rumours, facts, news & opinions
Opinions
Grosvenor Mine Reopening Progresses, Q4 Restart in Sight
Anglo American is making steady headway toward reopening its Grosvenor underground coal mine in Queensland, nearly a year after a gas...
Jun 262 min read
Analysis: Freight Fatigue - Why Rising Oil Could Drag PLV FOB Lower, Not Higher
If Brent crude pushes toward $80/bbl amid rising Middle East tensions, freight markets will be reacting fast. For the coking coal...
Jun 232 min read
Analysis: Is $160 FOB for Australian PLV Realistic?
Executive Summary: PLV FOB prices are once again approaching the $160 mark, raising the question of whether such levels are realistic. In...
Jun 203 min read
Analysis: Rumoured China's 50 million crude steel production cut - Is it realistic?
In order to meet the 2025 pig iron production target of 809.37 million tons (derived from the rumoured 50 million crude steel cut), daily...
Apr 281 min read
Oaky Creek Water Inflow Incident May Lose 2-3 PMX of PHCC
Here’s the timeline and estimated production loss from the Oaky Creek underground water inflow incident: If the recovery is short-term...
Apr 251 min read
Vulcan’s Mozambique Coal Mine Hit by Layoffs Amid Environmental and Market Pressures, JSPL to Buy More Australian PHCC
On April 18, 2025, Vulcan Mozambique, owned by India’s Jindal Group, revealed it will cut over 350 jobs at its Moatize coal mine in Tete...
Apr 211 min read
PLV FOB weekly recap 16 April "expect the unexpected" - click to read
PLV FOB Weekly Recap – Structured Summary Early Week: Market started slightly soft as traders digested news of additional Glencore tons ....
Apr 171 min read
Peabody Pauses Refinancing Amid Review of Anglo Coal Asset Deal
Peabody Energy has delayed a planned $500 million private debt raise intended to refinance part of a $2.1 billion bridge loan linked to...
Apr 151 min read


Exclusive: No panic buying since Appin mine incident due to planned longwall movement in April 2025
Based on the information in the Appin Mine Annual Review FY24 , it is highly likely that a longwall movement (specifically from LW710B...
Apr 81 min read
Whitehaven Coal Ramps Up Met Coal Sales, Depleting Stock Amid Market Uncertainty
Sydney, January 29, 2025 – Whitehaven Coal has aggressively increased its metallurgical coal sales, reducing stock levels by 38%...
Jan 292 min read
Chinese Steel Reform 2.0, Morgan Stanley reports
A Morgan Stanley's report released on 21 Jan 2025 explores the global implications of China's "Steel Reform 2.0," anticipated to launch...
Jan 251 min read
Weekly Recap: Chinese met coal and coke market 13-19 Jan
After last week’s rebound, some compared the situation to September-October, but they are fundamentally different. While steel profits,...
Jan 201 min read
Persistent Oversupply and Limited Demand Recovery: Challenges for Coking Coal and Coke Prices in 2025
The recent sharp rebound in coking coal and coke prices lacks fundamental support, as both supply and demand remain broadly balanced with...
Jan 171 min read
Circulated analysis of India Met Coke QR. Click to read
Regarding India's Coke Import Quota: 1. Total Quota: The total quota for the first half of 2025 (1.427 million tons) is significantly...
Dec 27, 20242 min read
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