Australia's Coronado Global Resources on Wednesday flagged heightened requests for metallurgical coal from existing and new European customers ahead of a European Union (EU) ban on Russian coal imports in August.
Anglo American’s spinoff, Thungela Resources, has emerged as the world’s best-performing major coal stock. It’s also one of the most profitable bets by a group of fund managers who’ve promised to reduce their financed greenhouse-gas emissions.
Coal mining giant PT Adaro Energy Indonesia said Monday that it has started to export coal to European buyers as the continent is currently experiencing disruptions in coal supplies.
In Germany and Italy, coal-fired power plants that were once decommissioned are now being considered for a second life. In South Africa, more coal-laden ships are embarking on what’s typically a quiet route around the Cape of Good Hope toward Europe. Coal bur...