Coal news and updates

FLASH: Newcastle port coal exports fall 11% MoM in Jan

Port of Newcastle in Australia exported a total of 13.1 million tonnes of coal in January, down by 11.3% on month. Though the figure was still 30.9% higher than the same month last year, according to the new data from the Port of Newcastle.

The value of coal exports through the port reached about A$2.72 billion ($1.8 billion) in January, down by 37.9% on year and 20.7% on month, according to the data.   Newcastle port, located in New South Wales on Australia's East Coast, is the largest coal port in the country. It handles

Xcel Energy plans to exit coal by 2030, replaced by nuclear and gas