Thermal coal The story, which was already quite good before, just keeps getting stronger : - the energy crisis in Europe probably shows that a scenario of a quick switch to renewal energy looks less and less likely (and so, it means the life of coal mines is extending), - now, a rare situation where coal prices (and oil) are increasing at the same time than USD. If I am not wrong, NHC and WHC have their revenues in USD, while their costs are in AUD (their mines are in Australia), so the increase of coal prices, together with the increase of the USD, is the best scenario for them.
