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India imported coal worth over Rs 1 lakh cr in FY'17
21 Jul 2017India, the third largest coal producer in the world, imported 190 million tons of the fuel worth over Rs one lakh crore in 2016-17 fiscal, Parliament was informed today.
Minister of State for Coal... Read More.
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India to phase out 5.5 GW of coal-fired power plants
21 Jul 2017India has identified 5.5 gigawatts (GW) of inefficient coal-fired power plants to be retired, Power Minister Piyush Goyal told lawmakers on Thursday, as the country looks to cut emissions and make better... Read More.Coal bearing states get Rs 3,653 crores from mines allocation
21 Jul 2017Coal bearing states have received Rs 3,653 crore till June 2017 from mine allocation, Coal Minister Piyush Goyal said today.”The coal bearing state governments have received an amount of Rs 3,653 c... Read More.Relief for Coal India as NCLAT stays two competition commission orders
21 Jul 2017The National Company Law Appellate Tribunal (NCLAT) has stayed rulings by the Competition Commission of India (CCI) that Coal India (CIL) had abused its dominant position in framing fuel supply agreements ... Read More.
China iron ore rises for fourth day, as coking coal eases on profit taking
20 Jul 2017China iron ore futures rose a fourth day on Thursday, holding near multi-month highs as speculative investors continued to add bullish bets amid hopes of robust steel demand, while coking coal eased on pro... Read More.
BHP's thermal coal output falls short of target in fiscal 2016-2017
20 Jul 2017BHP Billiton's thermal coal production from its Australian and Colombian mines for the April-June quarter as well as fiscal 2016-2017 ended June 30 year showed strong growth of 7% and 30% respectivel... Read More.China's benchmark power coal price rises for sixth week
20 Jul 2017China's benchmark power coal price edged up on Wednesday, marking a rise for the sixth straight week, as increased summer power use drove up demand for coal.The Boha... Read More.UPDATE 1-Australia's South32 Q4 coking coal output slumps on outage at main mine
20 Jul 2017Australian miner South32 Ltd said on Thursday its fourth-quarter coking coal production slumped 32 percent from a year ago following an extended outage at its main Appin mine over concerns about gas leak... Read More.GFG confirms bid for Glencore’s Tahmoor coal mine
19 Jul 2017Please use the sharing tools found via the email icon at the top of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy addi... Read More.Rio Tinto's Apr-Jun thermal coal output surges 15% on year to 4.95 mil mt
19 Jul 2017Diversified mining giant Rio Tinto's thermal coal production stood at 4.95 million mt in the April-June quarter, up 15% year on year and 17% from the January-March quarter, it said Tuesday while anno... Read More.Coal ministry to kick off auctions in August for IPPs without PPAs
19 Jul 2017The coal ministry has decided to set in motion the auctions for providing linkages to the independent power producers (IPPs) that are yet to tie up power purchase agreements (PPAs).
The process fo... Read More.
Beijing aims to curb city's use of coal by 2020
19 Jul 2017China's capital city Beijing is aiming to cut its coal consumption to below 5 million tonnes by 2020 and limit the use of coal in smog-prone areas, a document issued by the Beijing Municipal Government... Read More.
PSPCL to issue fresh tender for Jharkhand coal mine operation
18 Jul 2017It took the Punjab State Power Corporation Limited (PSPCL) almost a year and a half to take a decision to issue a fresh tender for operation of its dedicated coal mine in Jharkhand.Read More.Whitehaven misses coal production goal
18 Jul 2017Whitehaven Coal says thermal coal prices are likely to remain stable for some time, as wet weather in Indonesia constrains supply and demand from Chinese power generators stays strong.... Read More.Seaborne coking coal prices make strong start for the week
18 Jul 2017Seaborne coking coal prices continued to rise on Monday July 17, with some market participants flagging the robust performance of two major countries’ steel sector as a key fact... Read More.Mozambique to ship first coal cargo to Australia
18 Jul 2017Global Miner, Vale Mozambique SA Brazilian mining major Vale had fixed a vessel to carry a 70,000 metric ton of metallurgical coal cargo from Nacala in Mozambique to Port Kembla in Australia loading on F... Read More.China June coal output rises as summer power demand heats up
17 Jul 2017China's coal production rose 10.6 percent to 308 million tons in June from a year ago, data showed on Monday, as miners ramped up output to meet a pick-up in demand during the hot summer months, data... Read More.Coal India Q1 PAT may dip 20.5% to Rs 2161.6 cr: ICICI
17 Jul 2017ICICI has come out with its first quarter (April-June) earnings estimates for the Metals & Mining sector. The brokerage house expects Coal India to report net profit at 2161.6 cro... Read More.Iron ore and coking coal futures are going nuts as Chinese steel output hits a record high
17 Jul 2017Chinese iron ore, coking coal and rebar futures have rocketed higher on Monday, bolstered by the news that Chinese steel production hit a record high in June.
Having reversed earlier losses on Fri... Read More.
Indian coal demand to remain tepid: India-Ratings
14 Jul 2017India Ratings expects domestic coal consumption growth in India to remain tepid on account of subdued demand from thermal power plants, with an expectation of power plant capacity utilisation remaining sub... Read More.