India primarily imports thermal coal from South Africa and Indonesia, and average prices from these countries decreased by approximately 54 percent and 38 percent respectively during April 2023 to January 2024 as against a year ago.
Surging production and supplies by world's largest miner Coal India have pushed stockpiles at power plants to record highs of over 43 million metric tonnes.
Fulfilling capex plans will require at least ₹1 trillion, with the company reportedly seeking loans exceeding $750 million. There is a lot at stake over the next five years as the company looks to scale up
Peabody Energy Corporation (NYSE:BTU) Q4 2023 Earnings Call Transcript February 8, 2024 Peabody Energy Corporation misses on earnings expectations. Reported EPS is $1.33 EPS, expectations were $1.41. BTU isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, and welcome […]
Despite a decline in domestic usage for electricity generation, US coal exports, particularly to India, soared in 2023, highlighting a contradiction between declining domestic consumption and booming international sales.