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Peabody Statement on President Trump's Advancing America's Clean Beautiful Coal Announcements
Prnewswire· 2025-09-29 17:22
Group 1 - Peabody applauds the Trump Administration's commitment to American energy and the coal industry, emphasizing coal's role in energy security and economic progress [1] - The company highlights the importance of clean coal in meeting surging electricity demand globally [1] - Peabody acknowledges the administration's efforts in partnering with private industry for leadership in rare earth elements and critical minerals essential for advanced technologies [1] Group 2 - Peabody reported a net income attributable to common stockholders of $(27.6) million, or $(0.23) per diluted share, for the quarter ended June 30, 2025 [3]
X @Bloomberg
Bloomberg· 2025-09-29 14:06
The Trump administration is opening 13.1 million acres of federal land for leasing to coal miners and providing $625 million for power plants that burn the fuel as part of a broad initiative to help revive the flagging industry https://t.co/ccPc0pJUFK ...
India to auction coal blocks for gasification projects soon
Yahoo Finance· 2025-09-29 09:38
Group 1: Coal Gasification Initiative - India plans to auction coal blocks suitable for coal gasification to gasify 100 million tonnes of coal over the next five years [1] - Coal gasification transforms coal into synthetic gas (syngas), primarily composed of carbon monoxide and hydrogen, providing a cleaner application compared to conventional combustion [2] - The auction will be part of the commercial coal mining auction, with a request for proposal to allocate the remaining Rs25 billion under the financial incentive scheme for coal gasification [3] Group 2: Financial Incentive Scheme - The government approved an Rs85 billion financial incentive scheme to promote coal and lignite gasification projects, aiming to convert coal into valuable products and reduce reliance on imports [4] - Approximately Rs60 billion has already been allocated under this scheme, indicating significant government support for the initiative [3][4] Group 3: NTPC's Uranium Acquisition Plans - National Thermal Power Corporation (NTPC) plans to appoint a consultant to identify overseas uranium mines, following an agreement with Uranium Corporation of India (UCIL) [5] - NTPC is in the process of signing a joint venture agreement with UCIL for joint techno-commercial due diligence of overseas uranium assets [6] - NTPC, as the largest power generator in India, has an installed capacity of 83,863 MW, utilizing various fuel sources including coal, gas, hydro, and solar [7]
Forge Resources Advances La Estrella Coal Project with Key Heavy Equipment for Automated Operations
Newsfile· 2025-09-24 16:00
Forge Resources Advances La Estrella Coal Project with Key Heavy Equipment for Automated OperationsSeptember 24, 2025 12:00 PM EDT | Source: Forge Resources Corp.Vancouver, British Columbia--(Newsfile Corp. - September 24, 2025) - Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) ("FRG" or the "Company") is pleased to announce continued progress at its fully permitted La Estrella Coal Project in Santander, Colombia, highlighted by the arrival of key heavy equipment to support automate ...
Jim Cramer on Ramaco Resources: “Wait for a Little Bit of a Pullback”
Yahoo Finance· 2025-09-24 08:28
Company Overview - Ramaco Resources, Inc. (NASDAQ:METC) develops and operates metallurgical coal projects, including Elk Creek, Berwind, Knox Creek, Maben, and Brook Mine [2] - The company supplies coal to blast furnace steel mills, coke plants, and international consumers [2] Market Insights - Jim Cramer commented on the stock, indicating that while the president supports coal, utilities may not, suggesting a potential pullback in the stock price [1] - Jefferies analyst Christopher LaFemina raised the price target on METC from $27 to $45, maintaining a Buy rating, and noted that the Brooks Mine project expansion could significantly boost production [2] - The new price target may be conservative, with the Brooks Mine ramp-up potentially valued at up to $77 per share [2]
Undervalued & Overfunded: Peabody Stock's Path To A Potential 100% Rally (NYSE:BTU)
Seeking Alpha· 2025-09-20 10:06
Group 1 - Peabody Energy is a leading coal producer with 17 mining assets located in the US and Australia, focusing on thermal coal for electricity production and metallurgical coal for steel production [1] - Coal prices have cooled since the boom experienced in 2021/22, indicating a shift in market dynamics [1]
Undervalued & Overfunded: Peabody Path To A Potential 100% Rally
Seeking Alpha· 2025-09-20 10:06
Group 1 - Peabody Energy is a leading coal producer with 17 mining assets in the US and Australia, supplying both thermal coal for electricity production and metallurgical coal for steel production [1] - Coal prices have cooled since the boom in 2021/22, indicating a shift in market dynamics [1]
NACCO Industries, Inc. (NC) Announces Quarterly Dividend of $0.2525 per Share
Yahoo Finance· 2025-09-19 13:22
Company Overview - NACCO Industries, Inc. (NYSE:NC) is involved in coal mining, contract mining services for minerals and aggregates, and coal, oil, and gas royalty leasing [3] - The company is recognized as one of the Best Coal Stocks to buy according to hedge funds [1][3] Dividend Announcement - NACCO announced a quarterly dividend of $0.2525 per share, payable on September 15, 2025, to shareholders of record as of September 2 [2] - The company has a strong track record with six consecutive years of dividend increases and 55 years of uninterrupted payments, reflecting its commitment to shareholder returns [2] - The announced dividend represents a yield of 2.81%, with an 11% dividend growth rate over the past 12 months [2]
Riley Maintains ‘Buy’ Rating on Peabody Energy Corporation (BTU), Raises PT to $24
Yahoo Finance· 2025-09-19 13:18
Group 1 - Peabody Energy Corporation (NYSE:BTU) has garnered significant interest from hedge funds, securing a position on the list of the 11 Best Coal Stocks to Buy [1] - Riley has maintained a 'Buy' rating on Peabody Energy Corporation (BTU) and raised its price target from $18 to $24, reflecting higher profit potential despite the termination of purchase agreements with Anglo American [2] - The thermal coal sector of Peabody Energy is supported by domestic power demand and a favorable regulatory environment, with analysts seeing upside potential in the stock [3] Group 2 - Peabody Energy Corporation operates in both domestic and foreign markets, mining and selling thermal and metallurgical coal to utilities, steel producers, and industrial clients [4]
Anglo American cuts 'small number' of jobs in Australia's Brisbane
Reuters· 2025-09-18 08:28
Anglo American said on Thursday it had cut a "small number" of jobs at its office in Brisbane in Australia and nearby coal mines as part of the miner's efforts to simplify its operations and adapt to ... ...