US thermal coal exports reach 5.5-year high

US thermal coal exports reach 5.5-year high

US thermal coal exports jumped to their highest level in five-and-a-half years in September. Just under 5.4mn short tons (4.9mn metric tonnes) of steam coal left US ports during the month, the most since March 2013. That was 7.5pc higher than September 2017’s 3.54mn st. The increase follows a resurgence in demand and prices in […]

Domestic, seaborne demand bolster Consol sales forecast

Consol Energy anticipates selling more coal this year than it previously expected, as seaborne and domestic demand continue to support US producers. The Appalachian producer raised its 2018 outlook to 26.9mn-27.5mn short tons (24.4mn-24.9mn metric tonnes) from a previous forecast of 26.4mn-27.4mn st. This was the third time the company has raised its sales projections […]

Japan Presents Opportunity for Powder River Basin Coal

Japanese power companies are looking for cleaner sources of coal and the Powder River Basin can fill that need. But Wyoming needs to continue researching and developing technology if it’s going to become the most attractive option. That was the message to local and UW officials in Gillette this past week by CoalinQ, a Japanese […]

Corps Of Engineers Will Speed Up West Coast Coal Export Terminal Review

As U.S. coal producers have recovered on the backs of a new coal export boom to Asia, the Corps of Engineers announced it would revive and speed up its permit review of the long-embattled Millennium Bulk Terminals export coal terminal in Longview, Wash. Planned since 2012, the facility has already received its Environmental Impact Statement […]

US coal exports rise in 2018 on India, Europe : S&P Global Platts

WASHINGTON: Growing export demand for US coking coal has supported prices, and rising shipment volumes into India, Brazil and Europe including Turkey have been highlights so far in 2018, according to an analysis by S&P Global Platts. While Brazil took the lead in US exports of coking coal at over 5 million mt over the […]

West Coast military installations eyed for US fuel exports

The Trump administration is considering using West Coast military installations or other federal properties to open the way for more U.S. fossil fuel exports to Asia in the name of national security and despite opposition from coastal states. The proposal was described to The Associated Press by Interior Secretary Ryan Zinke and two Republican lawmakers. […]

Exports bright spot for coal industry

Although down substantially over the long-term, short-term coal production gains in southern West Virginia are one of the few bright spots in the nation’s coal picture. According to the U.S. Energy Information Administration’s recently released Quarterly Coal Report for the second quarter of this year, national second quarter coal production came in at 180.7 million […]

Feature: US Gulf of Mexico thermal coal exports set to double on year

Thermal coal exports through the US Gulf of Mexico are set to double two years in a row, producing the largest jumps in exports from any US region in the same period. Coal through the Gulf in the first eight months of the year came to over 12.1 million mt, up 94.2% compared with over […]

US coal exports climb for 22nd straight month

US coal exports rose for a 22nd straight month on steady Asian and European thermal coal demand. Shipments from US ports climbed to a little over 10mn short tons (9.12mn metric tonnes) from 8.59mn st a year earlier. On a year-to-date basis, exports rose to 77.7mn st from 60.1mn st. That kept 2018 on track […]

The U.S. Coal Export Boom To Asia

There are many, many falsehoods out there about coal. The biggest, of course, is that “coal is dead,” an organized effort to scare away potential investors of the world’s most vital source of electricity. Indeed, the reality is quite different than what some insist that you believe. In fact, coal is still the main source […]