US coal mine expansion to boost exports to Asia

US coal mine expansion to boost exports to Asia

WASHINGTON: The US Interior Department has approved a plan by Signal Peak Energy to expand coal mining, providing exports for Japan and South Korea, according to the agency last Friday, as it responded to President Donald Trump’s energy-emergency directives. The approval authorises the Montana-based coal company to recover 22.8 million tonnes of federal coal and […]

Trump administration approves coal mine expansion to boost Asia exports

The U.S. Interior Department approved a plan by Signal Peak Energy to expand coal mining, providing exports for Japan and South Korea, the agency said on Friday, as it responded to President Donald Trump’s energy-emergency directives. The approval authorizes the Montana-based coal company to recover 22.8 million metric tons of federal coal and 34.5 million tons of […]

US steam coal exports extend gains in April

US thermal coal exports rose from year-earlier levels for a second month in April, led by greater shipments to India, Morocco, Japan and Canada. Roughly 3.97mn short tons (3.6mn metric tonnes) of US steam coal departed US ports during the month, preliminary figures from the US Commerce Department show. Shipments were 20pc higher than revised […]

Hampton Roads coal exports reach 10-month high

Coal exports out of Hampton Roads, Virginia, climbed to a 10-month high in March, as terminals scrambled to recover from weather-related delays in February. Terminals at the port handled 4.12mn short tons (3.74mn metric tonnes) of thermal and metallurgical coal last month, the most since May 2024, according to Virginia Maritime Association estimates released on […]

U.S. states rely on B.C. to export thermal coal. Should the shipments be taxed?

As President Donald Trump’s tariff threats continue to hang over Canada, B.C. Premier David Eby wants the federal government to impose a tax on U.S. thermal coal shipped out of the province as a way to pressure the White House. But after the president lashed out at Canada for Ontario’s levies, there are also fears that any […]

U.S. coal exports reached a six-year record in June 2024

Gross U.S. coal exports in June 2024 totaled 10 million short tons, the most in a month since October 2018, data from our Short-Term Energy Outlook data browser show. Annual average U.S. coal exports were 9.0 million short tons in 2024. U.S. coal exports have increased each year since 2020, when they averaged 5.8 million short tons amid […]

Hampton Roads resumes coal loadings post-storm

Coal loadings for Panamax and Supramax bulkers will likely be back at full capacity at Hampton Roads port on the easing of winter storm conditions today, according to logistics firm Capes Shipping. The New Honor Kamsarmax bulker was at the Norfolk Southern Pier 6 terminal, in Virginia, and likely loading coal as of this morning. […]

China targets booming US coal exports in escalating trade war

U.S. coal, critical minerals and liquefied natural gas this week again emerged as a bull’s-eye in an escalating trade war between President Donald Trump and China. While Trump in recent days backed off imposing tariffs on goods from Canada and Mexico, the president continues to push duties on Chinese goods, a move that’s already rattling the […]

Hampton Roads coal exports inch up in December

Coal exports out of Hampton Roads, Virginia, extended gains from a year earlier in December despite reduced shipments from two of the three coal terminals at the port. Terminals loaded a combined 3.34mn short tons (3.03mn metric tonnes) of coal last month, up from 3.29mn st in December 2023, according to the Virginia Maritime Association. […]

Port of Nola reopens after winter storm

The port of New Orleans reopened today after a prolonged shut-down propelled by a heavy winter storm that swept through the US Gulf earlier this week. Nola and Ports America reopened today to begin working on the backlog of movement caused by the storm. The port had been officially closed since 19 January in anticipation […]