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Opinion

Thermal coal: 5 things to look for in 2024

Predictions for the year ahead

1 minute read

What's in this year's report?

For thermal coal markets, 2024 offers up a raft of uncertainties. Geo-political strains, economic ambiguity, inflated costs and mounting climate issues all have the potential for significant impact.

In this insight, we draw on insight from our Coal Research Suite to
assess the outlook for global thermal coal markets in 2024, focused on five topics:

  1. Heads or tails: China's economic recovery influencing its massive appetite for coal, domestically and internationally
  2. A question of peak coal again: can coal break its record set last year?
  3. Off the roller coaster: coal prices entering a period of stability?
  4. Driving exports higher: challenges and opportunities for major suppliers
  5. Year of ammonia: testing to prove this interesting option to reduce emissions and extend lives at existing coal-fired power plants. 

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