Trump administration approves coal mine expansion to boost Asia exports

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 September

US thermal coal exports rose again in September, led by greater sub-bituminous coal shipments to Asia and increased bituminous coal volumes to north Africa. Total US thermal coal exports increased to 4.58mn short tons (4.15mn metric tonnes) in September from 4.28mn st a year earlier, preliminary data from the US Commerce Department showed on 5 […]

US met coal suppliers bank on continued export growth supported by Asia steel output

US metallurgical coal exports have seen growth fueled by Asian demand over the past few years. The potential for seaborne volumes to grow hinge on expansions in blast furnace steelmaking and met coke production in India, China and Southeast Asia.With the projected economic expansion in emerging Asian markets, long-term steel demand is also anticipated on […]

Baltimore’s Thermal Coal Exports Surge by 26.4% in 2023, Shifting US Port Dynamics

Throughout the year 2023, the United States experienced a significant and noteworthy surge in the exportation of thermal coal, registering a remarkable increase of 26.4%. The total volume of these thermal coal exports reached a substantial 44 million metric tons (mt), reflecting a transformative shift in the industry landscape. This surge in export activity played […]

US thermal coal exports extend gains in December

US thermal coal exports rose from year-earlier levels for a fourth consecutive month in December, bringing the country’s international steam coal shipments for 2023 as a whole to their highest level in five years. Volumes during the month climbed to 4.27mn short tons (3.88mn metric tonnes) from 3.4mn st in December 2022, according to preliminary […]

US exports of met coal rise in September

US coking coal exports rose by 4.8pc on the year in September to 4mn t, driven by increased deliveries to India and China, trade data show. In January to September, total US exports increased by 10pc from the same period in 2022 to reach 35mn t. US coking coal exports to India reached nearly 6mn […]

US Sept steam coal exports resume year-on-year gains

US thermal coal exports in September rose from year-earlier levels, reflecting higher demand from Asia and Africa. Roughly 4.38mn short tons (3.97mn metric tonnes) of steam coal left US export districts during September, up by 41pc from a year earlier, the US Commerce Department said today. Total US coal exports increased to about 8.75mn st […]

Coal far from dead: Global trade thrives, war reroutes shipping

“The market has spoken: Coal is dying” declared a September 2019 headline in CNN Business, after China announced it would cease funding overseas coal projects. “Coal is dead. Power to the people!” activist group 350.org triumphantly tweeted. These predictions have not aged well. Bulk cargo vessels full of coal crisscross the oceans. Storage areas are […]

U.S. coal exports increased 23% between 2020 and 2021

In 2021, coal exports from the United States increased by 23% to 85 million metric short tons (MMst) from 69 MMst in 2020. Steam coal exports increased by 47% to 40 MMst, and metallurgical coal exports increased by 8% to 45 MMst. In 2021, the percentage of domestic coal production that was exported rose to […]

EIA: US coal exports increased 23% between 2020 and 2021

In 2021, coal exports from the United States increased by 23% to 85 million metric short tons (MMst) from 69 MMst in 2020, according to the US Energy Information Administration (EIA). Steam coal exports increased by 47% to 40 MMst, and metallurgical coal exports increased by 8% to 45 MMst. In 2021, the percentage of domestic coal […]