Dear Japan:
EU Countries On Global Hunt for Coal as Russian Ban Looms
Thermal coal imports from Colombia totalled 1.3 million tonnes in March, rising by 47.3% year-on-year, Braemar data showed.
Imports from the U.S. in March totalled 809,000 tonnes, rising by 30.3% year-on-year and at their highest level since October 2019.
Imports from South Africa also picked up with 287,000 tonnes arriving in March versus no shipments in March last year.
Australia has also found renewed buying interest from Europe, with thermal coal imports totalling 537,000 tonnes in the first quarter of this year, versus no shipments over the same period in 2021, Braemar said.
But Indonesia and Australia, among the world’s top coal exporters, have hit their production limits and are unlikely to meet Europe’s demand for additional supplies if the European Union bans Russian coal imports, mining executives said.
https://gcaptain.com/europe-global-coal-hunt-russia-sanctions/
Ships Sail For South African Coal After Russia Sanctions
Europe’s surging demand for coal is reviving an infrequent trade lane for shipments from South African mines.
The fossil fuel typically heads east from Richards Bay Coal Terminal, the continent’s biggest export hub. Of the 59 million tons of coal shipped from the South African port last year, only 4% went to Europe and more than 86% was delivered to Asia.
There may have been a shift in that balance since Feb. 20 as a handful of bulk carriers have headed west round the Cape of Good Hope after calling at Richards Bay, according to ship tracking data compiled by Bloomberg.
https://gcaptain.com/ships-south-africa-coal-russia-sanctions/
Let's do some figuring here:
Australia & Indonesia maxed out on production. EU coal prices sky rocketing so South Africa selling for Euros and not weakened Yen more attractive by the day. Colombia should hit capacity fairly quick as EU orders pour in. The Resident is continuing Hussein's polcy or destroying American energy production, oil, gas, and oh yes coal mining so expect US decreasing outputs to go to EU, none left for you..
No buying from North Korea because of the sanctions already on them, but NK is heating/power coal, not quality enough for steel making. Canada is on the same track as US coal-wise, demonized the stuff so rgulate out of production to make Greta happy.
I calculate not enough coal for anything, gas, if you can get any (again, US production going down and heading for EU anyway) more expensive than coal. Liberals are absolutely against nuclear powewr and would pitch fits if any new nuke plants were to be proposed. Then solar panels on alll city rooves are fine, until typhoon season and clouds mess those up. Wind turbines all around the coasts mean fishing boats can't work and all kinds of bad can happen to them anyway. Not enough open land for the turbines and panels.
Result of calculations: You are screwed.
Screencap from:
https://www.worldstopexports.com/coal-exports-country/