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Met Coal Junkie
Daily rumours, facts, news & opinions
EVR is reducing 140 staff at mines, in response to challenging market conditions, but reportedly not reducing production
EVR is reducing 140 staff at mines, in response to challenging market conditions
Jun 191 min read
Details of 2nd Appin mine incident 13 June
It was around 7:40 in the morning on 13 June when the call came through—there’d been an accident underground at the Appin West Colliery...
Jun 171 min read
Appin mine incident, 1 miner injured, production affected
Second accident dated 13 June in the mine in the last two months.
Jun 161 min read
SAIL Delivers Q4 Margin Recovery as Steel Demand Surges, Coking Coal Efficiency Improves
Steel Authority of India Ltd (SAIL) reported a solid Q4 FY25 performance, with EBITDA rising to $454 million, up from $287 million in the...
Jun 11 min read
Mechel Slashes Coal Output Amid Global Market Slowdown
In Q1 2025, Russian mining and steel company Mechel reported a 27% quarter-on-quarter and 17% year-on-year drop in coal production,...
Jun 11 min read
JSW Steel's Mozambique Coal Acquisition Back on Track
JSW Steel Ltd.'s $74 million acquisition of the Minas de Revuboe (MdR) coal deposit in Mozambique is progressing after the concession...
Jun 11 min read
Raspadskaya Begins Extraction at New Yesaulskaya Longwall
Raspadskaya has launched operations at a newly developed longwall face at the Yesaulskaya mine, located 450 meters underground. The...
Jun 11 min read
Russian Coal Sector Faces Deepening Crisis Amid Heavy Losses and Shrinking Exports
Russian coal industry is grappling with mounting financial distress, posting over $875 million in losses in Q1 2025 alone, according to...
Jun 11 min read
Two Bridge Collapses in Western Russia: Passenger and Freight Trains Derail
In less than 24 hours, two bridges collapsed in Russia's Bryansk and Kursk regions, both bordering Ukraine. On May 31, a highway bridge...
Jun 11 min read
JSW Steel Q4 Margins Steady as India Demand Supports Met Coal Consumption
JSW Steel’s Q4 FY25 results reflect steady margins and robust domestic demand, signaling cautious optimism for the met coal market....
May 271 min read
Polish JSW Declares Force Majeure After Budryk Mine Fire
Jastrzębska Spółka Węglowa (JSW) has declared force majeure following a fire at its Budryk mine on May 7, 2025. The incident...
May 271 min read
Tata Steel Expands Kalinganagar Plant, Boosts India Capacity Beyond 26 MT
Tata Steel Expands Kalinganagar Plant, Boosts India Capacity Beyond 26 MT
May 221 min read
JFE's Production Shift Signals Decline in Coke Demand, Reshaping Met Coal Outlook
JFE Steel's latest medium-term plan outlines a major transformation in Japan's steel industry, with crude steel capacity set to drop from...
May 161 min read
Alpha Slashes Met Coal Guidance Amid Weather Setbacks and Market Weakness
Alpha Metallurgical Resources reported a steep Q1 2025 net loss of $33.9 million, driven by severe January–February weather disruptions...
May 141 min read
Ramaco Cuts 2025 Met Coal Guidance Amid Weak Market, Retains Growth Optionality
Ramaco Resources reported record quarterly production of 989,000 tons in Q1 2025, despite losing around 100,000 tons to severe weather....
May 141 min read
Core Advances Term Sales and Prepares Leer South Restart Amid Long-Term Met Coal Strength
Core Natural Resources' Q1 reports its unchanged 2025 metallurgical coal sales guidance at 7.5–8.0 million short tons, in line with...
May 141 min read
Nippon Steel’s Profitability Holds Despite Downturn
Nippon Steel recorded an underlying business profit of ¥793.7 billion in FY2024, translating to approximately $151/ton , down from...
May 131 min read
Tata Steel’s Q4 and FY2025 Results Highlight Regional Divide, Easing Met Coal Costs
Tata Steel's Q4 FY2025 results reveal a sharp regional split in profitability and shifting market dynamics. India remained the core...
May 131 min read
Government Seeks Review of Supreme Court Ruling on JSW Steel-BPSL Deal
Following a detailed examination of the Supreme Court’s May 2 ruling that deemed JSW Steel’s acquisition of Bhushan Power and Steel Ltd...
May 131 min read
Peabody Highlights Q1 Cost Control Amid Slower Prices
May 6, 2025 – Peabody Energy reported Q1 2025 seaborne metallurgical coal sales of 1.8 million tons with an average price of $125.15/ton....
May 81 min read
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