Articles On Atrum Coal (ASX:ATU)

Anglo American sells Queensland coal mines for up to US$3.8bn Buyer Peabody says Australia is the place to be to supply key Asian market Iron ore downside risks limited with steelmakers facing US tariffs: ANZ   Bulk Buys looks at this mon...

BHP says green technologies are replacing crummy property sector, remaining bullish on China’s steel market Whitehaven Coal avoids strike at AGM Rinehart rolls in the billions at Roy Hill Beset by activists, campaigned against by the Mini...

Of the 42 iron ore stocks tracked by Bulk Buys, just five are in positive territory in 2024 Spot prices have fallen from US$140/t to US$97/t, salvaged by a bump from Chinese stimulus plans this week But the top ASX iron ore stock of 2024,...

Cost support is still sitting in the US$80-100/t range, BHP says, despite jitters in the Chinese economy and steel market Iron ore was back above US$100/t yesterday with marginal ‘swing’ supply now covering a large portion of demand BHP no...

Leeuwin Metals has uncovered Robe River style iron ore mineralisation at its West Pilbara project Relative stability in iron ore price makes it an interesting place for juniors, provided they’re in the right locale M&A and board disput...

Chinese and Guinean governments give green light to Simandou infrastructure deal Rio’s share of the mega project will clock in at US$6.2bn What impact will the high-grade West African iron ore mine have on supply?    The Rio Tinto (ASX:RI...

Asian steel capacity growth likely to underperform forecasts: S&P’s Paul Bartholomew Manufacturing has replaced property as the key driver for steel markets in China Banks bearish on iron ore, with supply growth coming later this decad...

Anglo coal mine fire has prices running er… hotter Fastmarkets steel markets expert Paul Lim says the closure could delay the planned sale of Anglo’s coal division, but world class assets will still attract buyers Iron ore baby bounces on...

BHP confident steel customers will be able to use carbon capture to reduce emissions from blast furnaces The world’s biggest miner is hopeful its Pilbara ores can also be used in greener DRI-ESF steelmaking processes China ramps up imports...

Goldman Sachs tips 2025 surplus for iron ore as Chinese infrastructure and property market pull steel demand in opposite directions Thinktank warns on met coal costs if market heads into decline But miners remain bullish there is a long r...

BHP’s $60 billion bid for Anglo looks like it’s all about copper But it could also make BHP a dominant producer of premium hard coking coal Why does the marriage of the Bowen Basin cousins make sense? BHP’s (ASX:BHP) proposed acquisitio...

Coal markets are on watch for the impact of a shocking bridge collapse blocking the Baltimore port Jarden says stronger Asian steel spreads linked to lower iron ore and met coal prices will be positive for BlueScope Iron ore unlike to dip...

Iron ore prices briefly dipped below US$100/t last week as weak steel fundamentals bite in China BHP’s new CFO Vandita Pant says African iron ore could disturb a balanced market between supply and demand But the world’s biggest miner is b...

Vale reported a strong fourth quarter, but has pledged to add quality tonnes in iron ore rather than just boost scale Executives at the Brazilian giant say while grade premiums are weak, the pellet market will stand out Needed in green st...

Iron ore prices shocked to the upside last year, with BHP saying ‘contestable demand’ has eluded bearish estimates for the past five years BHP CEO Mike Henry is bullish on India as a growing hub for steel production, but coking coal could...

Coking coal prices surge as China looks to tackle safety at deadly Shanxi coal mines China threatens iron ore price crackdown, in perpetually ineffective jawbone Perth and Canberra continue to get fat on iron ore outperformance Coking c...

Andrew Forrest’s FMG copped a first strike against its remuneration report for executive and director payments defended by the mining billionaire Fortescue’s iron ore boss says its new blend of “green” high grade and low grade iron will h...

Iron ore is trading near US$130/t, with investment bank analysts ratcheting up forecasts for 2024 Big banks remain more sceptical that iron ore can hold as China’s property market and emissions reduction hopes loom Glencore joins with Asi...

Gina Rinehart’s Hancock Prospecting pulled in a profit of over $5 billion for the third year running Its 70% owned Roy Hill mine, where the company will roll out its first electric locomotive next year, remains the mainstay TerraCom dumps...

The Week that Was Local markets ended last week on an unfamiliar high note, ignoring yet another meek misfit of a session in New York as they ended sharply lower and we ended Friday +0.2% higher. But for the week, the ASX 200 index was down...

High prices, low discounts set stage for development of CZR’s Robe Mesa deposit in the Pilbara Rio Tinto ramps up low grade iron ore sales to lift output With CZR on Rio’s doorstep could the DFS finally be the trigger for a takeover? Ma...

New Hope CEO Rob Bishop says coal pricing is not going back to historical norms as a dearth of new investments expose the sector to supply shocks NHC generated a record profit of more than $1 billion last year, gearing it up to pursue agg...

A green steel market has taken another big step after Fastmarkets launched its first Asian green steel premium on Friday Fastmarkets regional editor Asia Paul Lim told Stockhead premiums paid for low carbon steel had been seen in excess o...

Iron ore has in recent memory performed extraordinarily poorly in the second half thanks to a recent cycle of unfettered steel output in the first half of the year in China followed by a string of Government controls to keep output falling...

Mineral Resources could face a deadline in its efforts to create a new magnetite iron ore province in WA’s Yilgarn region Fenix Resources shares drop despite $29m profit as dividend more than halves Bowen Coking Coal retools as Bathurst R...

BHP sees cost support for iron ore prices at between US$80-100/t It suggests strong margins could remain in place for a while, even as majors look to ramp up iron ore supply and questions hover over Chinese steel demand The process to sel...

IEA predicts coal demand will remain around record levels in 2023, driven by China, India and South-East Asia Exports of thermal and met coal could outstrip 2019 record Rio boss admits China steel may have peaked Coal is on the nose with...

The iron ore market is weathering, as always, a particularly confusing range of signals about its next move. Up 1.79% yesterday afternoon in Singapore, iron ore futures hit US$105.50/t despite a host of pretty ordinary Chinese data which sp...

Try predict what commodity prices will do, and iron ore in particular, and they will make a fool of you. That’s what analysts, economists and forecasters do without any real sense of certainty, especially given the opaque nature of the Chin...

If coal’s crazy 2022 was a wonder to behold and a watershed moment for investors who have spent years chastising the ESG lens that has quickly and loudly engulfed the resources market, 2023 has been a chastening experience for those who tho...

China’s state iron ore buyer seems to be costing its mills more money than it is saving them in price negotiations with miners Reuters reports little has changed in the iron ore trade since the much-hyped introduction earlier this year of...

Falling met coal prices have helped stabilise steel mills, providing solace for iron ore miners who have seen prices fall Chinese property data remains a concern for iron ore: NAB Genmin submits mining permit application ahead of FID for B...

Despite prices falling this year, Australian Pacific Coal interim CEO Ayten Saridas says the thermal coal market has legs Its Dartbrook mine restart is one of a handful of coal developments approved to come online in the coming year Iron o...

Chinese steel and iron ore demand an opaque picture as always as strong prices remain Sundance continues legal fight over African iron ore project Could ASX-listed Siberian coal miner be falling foul of Australian sanctions? Chinese steel...

Tribeca Investment Partners portfolio manager Todd Warren gives us his take on bulk miners and commodities Champion Iron could be a long term beneficiary of rising spreads for higher grade iron ore Glencore and Teck, currently involved in...

Fortescue Metals Group signals another, this time minor, delay at its Iron Bridge development First production from the 22Mtpa magnetite mine is due in late April Pearl Gull announces maiden resource at Cockatoo Island Andrew Forrest’s Fo...

New Hope pays monster dividend on last year’s coal boom Targeting doubling of production in three years, with expectations demand will outstrip supply despite ESG pressures Magnetite completes optimisation study ahead of high grade iron or...

ASX 200 adds just 0.1% because it was literally the least it could do. Aussie tech stock surge negated by Doctors and Miners having a bad hair day. Two ASX-listed lithium players are under attack over alleged corruption in Africa, of all p...

Iron ore’s bull run could be brought to a halt by China’s weaker than expected economic growth target Goldman predicts price record for Rio Tinto Thermal coal prices keep dropping Iron ore has been a bull’s game in 2023, with matadors spe...

China is again ordering sintering restrictions to crack down on pollution from its steel mills It comes after limits were placed on Dalian futures trading last week to bring the heat out of prices Junior miner CuFe posts maiden resource fo...

The ASX extended the week’s losses by falling 0.4% today Star Entertainment Group posted a loss so large it almost defies description Mt Monger has had a fantastic day, up 46.6% after joining the Great Canadian REE Rush   The ASX has fall...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

BHP (ASX:BHP) has reported, leaving only Rio Tinto (ASX:RIO) today to round out our February financial results season for the big three iron ore miners. In Oscars parlance none are expected to be award winners. Lower iron ore prices — and i...

The ASX 200 was unchanged  The ASX XEC slips 0.38% 8 out of 11 sectors were higher lead by Information Technology   The ASX 200 was unchanged today and the ASX XEC was down 0.38%.  The index has lost 0.98% for the last five days, but sit...

South African coal miner Thungela Resources will become the majority owner of Australia’s Ensham coal mine Its CEO July Ndlovu says thermal coal will see demand for at least two, maybe three decades Iron ore sales lift There may be clouds...

Qantas boss Alan Joyce says “sorry we suck” to an angry Australia Mortgage holders are bricking it as fixed interest rate periods end Spacetalk backs up yesterday’s gains with another massive day at the market. It’s the end of the day at...

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

King Charles III loses coveted job of lurking on Australia’s $5 notes Adani down in the dumps after binning its multi-billion dollar cake sale Spacetalk heads for the moon on news the company’s found itself a new CEO   The ASX has had yet...

Newcastle thermal coal’s reign as the top priced product on the market has ended Premium hard coking coal returns to traditional position at a premium to energy coal as European demand wanes Iron ore prices remain strong, but MySteel says...

Aussie markets expended a lot of energy to go precisely nowhere Guatam Adani left with less than US$93 billion after Hindenburg got into his shorts I had a really lovely holiday, and it’s great to be back at work. No, really…   It’s been...