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PCI coal outlook: Low volatile coals facing greater competition
The PCI trade is poised to grow from 54 Mtpa in 2016, to 77Mtpa by 2035. But, like all metallurgical coals, demand growth is almost completely reli...
Mid-volatile coking coal price settles higher than low-volatile
After protracted negotiations, the Q3 benchmark price for mid-volatile HCC surprised many and settled at US$92.50, higher than low-volatile. The LV...
Proposed merger of Glencore and Teck would create a seaborne coal giant
Glencore has proposed a merger of its coal, metals and commodity trading businesses with Teck Resources. If the deal goes ahead, the coal company f...
Vale sells Moatize to Jindal as it exits coal
In late December, Vale agreed to sell Moatize and its Nacala Logistics Corridor to Vulcan (part of the Jindal Group) for US$270 million. The transa...
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