US coal exports to China soared in 2021

US coal exports to China soared in 2021

The US shipped 15.3mn metric tonnes of coal to China in 2021, up nearly five-fold from 3.1mn ts in 2020, according to shipbroker Banchero Costa. Australian coal shipments to China fell by 76.2mn t or 32pc last year, following Beijing’s unofficial ban on coal imports that started in late 2020. And increased demand for thermal […]

US thermal coal exports hit four-year high in 2021: Census data

US thermal coal exports surged to four-year high 36.17 million mt in 2021, up 47.9% from 2020, according to US Census Bureau data released Feb. 9. December thermal coal exports totaled 3.12 million mt, up 0.7% on the month and 18.7% from December 2020. December coal exports were at a six-month high —the highest monthly […]

EIA projects coal, renewables to generate equal stack shares in 2022

Coal and renewables both are projected to generate 22% of the total power generation stack in 2022, the US Energy Information Administration said in a Feb. 8 report. Coal is expected to have a 22% generation share in 2022 and a 21.7% generation share in 2023, down from 22.6% in 2021. Renewables are projected to […]

US thermal coal exports reach 6-month high

US thermal coal exports reached a six-month high in December, as shipments to parts of Africa, northern Asia and Europe climbed. Steam coal volumes heading out of the US totaled 3.44mn short tons (3.12mn metric tonnes) in the last month of 2021, up from just under 3mn st a year earlier and 3.1mn st in […]