US miners Contura, Corsa see improved rail, ports aiding coking coal exports

US miners Contura, Corsa see improved rail, ports aiding coking coal exports

US met coal miners Contura Energy and Corsa Coal cited gradual improvement in US rail and port performance over 2018, aiding exports, at the Eurocoke conference in Amsterdam this week. Flexibility at Corsa’s low-vol HCC mines in northern Appalachian to use both CSX and NS railways and several terminals aided trading and exports, and volume […]

Russian March coal exports steady year on year, production up marginally

Russian coal exports in March were steady year on year at 15.45 million mt, which was 10% higher month on month, energy ministry data showed Thursday. That meant year-to-date exports totaled 44 million mt, down 1% year on year. For both exports and production, the volume of thermal coal was not disclosed, nor were export […]

Contura optimistic about future sales growth, citing tight met supply and premium pricing: CEO

Contura remains optimistic about metallurgical coal pricing and company sales due to tight global supply and steady demand, despite seeing weaker sales in the first quarter than originally projected, CEO Kevin Crutchfield said Wednesday. “Notwithstanding the modest growth expectations in Europe and China [for met coal], the limited growth of new met mines, depletion of […]