U.S. coal used for the steelmaking process has sold for more than double the price of U.S. coal used as a fuel for electricity generation in six of the last seven years, underscoring a historical trend.

On Tuesday, UBS adjusted its price forecast for metallurgical coal in 2024, citing current market conditions. The financial services firm reduced its hard coking coal (HCC) price forecast to $265 per tonne, down from the previous estimate of $286 per tonn

Over the past few weeks, both The Washington Post and The New York Times have discovered the sudden reemergence of soaring electricity demand and its collision with the nation’s teetering supply of power.

In a recent article published in the journal Energies, researchers proposed an advanced framework for robotic technology systems in mining operations, aiming to enhance safety, efficiency, and intelligence, with a specific focus on coal mining.

Martin Engineering has acquired TNJ Industries, an Arizona-based firm specialising in dust management for crushing and conveying of mined materials.

Bens Creek Group PLC - owner and operator of metallurgical coal mines across North America - Makes further Chapter 11 filings with US bankruptcy court, adding that US companies have entered into a term sheet for debtor-in-possession financing facility.