Coking Coal Exports Are Limited Due to a Lack of Supply

According to trade data, supply restrictions impacted US and Canadian coking coal imports in July, as suppliers found it difficult to capitalize on the significant Chinese need for non-Australian coal and high maritime transport prices.
US coking coal exports declined 9.3% year to year and 20.3% month to month to 3.08 million tonnes in July, while Canadian exports grew 13.5% year to year but fell 22.3% month to month to 1.9 million tonnes in July.
From January to July, US exports were 23.07 million tonnes, up 4.5% …

The Only Underground Coal Mine in Canada Has Reopened

The Donkin mine of Kameron Coal has resumed after receiving government approval from the Nova Scotia administration. Morien Resources announced in a statement that the government has granted regulatory authority to revive the mine, which has been on preservation since March 2020.
Production at Cape Breton’s last producing coal mine began in 2017 but was halted two and a half years later owing to underground geological problems. There …