Coal news and updates

Updated daily

• China's plunging coal plant approvals signal energy policy pivot, report says

  22 Aug 2024

  China approved just 10 new coal plants with 9 gigawatts of capacity in the first half of 2024 - an 83 per cent drop on the year, . ...Read More

• Whitehaven Coal Reports Strong Growth and Strategic Divestiture

  22 Aug 2024

  and never miss an update about Whitehaven Coal Limited stock! . ...Read More

• Coal Miner Arch Resources Is Said in Talks to Merge With Consol

  21 Aug 2024

  (Bloomberg) -- Arch Resources Inc. is nearing an agreement to merge with Consol Energy Inc. in a combination that would create a $5 billion coal mining company, according to people familiar with the matter. . ...Read More

• Centre can lower royalties to minimise impact on mining companies post Supreme Court ruling: Ambit Capital

  21 Aug 2024

  Centre can lower royalties to minimise impact on mining companies post Supreme Court ruling: Ambit Capital . ...Read More

• Shri Pralhad Joshi chairs the project offtake agreement signing ceremony for export of green ammonia from India to Japan

  21 Aug 2024

  The Heads of Terms (HoT) agreement was signed between Sembcorp Industries, Sojitz Corporation, Kyushu Electric Power Co., and NYK Line . ...Read More

• Reliance Industries to invest Rs 1,000 cr to stem coal bed methane output fall

  21 Aug 2024

  Reliance Industries (RIL) plans to invest more than ₹1,000 crore to enhance production from its coal bed methane (CBM) blocks in Sohagpur, Madhya Pradesh. Facing a decline in CBM output, RIL aims to increase production to 1 million standard cubic meters per day within three years by drilling new wells. . ...Read More

• Colombia Halts Coal Exports to Israel

  19 Aug 2024

  ASIATODAY.ID, MOSCOW – Colombia has suspended coal exports to Israel, according to a decree issued Sunday. . ...Read More

• New Hope posts earnings hit on lower coal prices, rail disruption

  19 Aug 2024

  The news: New Hope Group halved its full-year earnings as lower sales prices and delivery delays at its Bengalla Mine hit the coal miner's report card. . ...Read More

• Centre evaluates setting up separate regulator for coal exchange

  19 Aug 2024

  Commercial miners are expected to be key sellers on the exchange. . ...Read More

• National coal index dips 3.48% as coal production sees double-digit growth

  19 Aug 2024

  The NCI, which aggregates coal prices from various sales channels such as notified prices, auction prices, and import prices, reflects transactions across coking and non-coking coal in both regulated sectors like power and fertilizer and non-regulated sectors. The NCI, which aggregates coal prices from various sales channels such as notified prices, auction prices, and import prices, reflects transactions across coking and non-coking coal in both regulated sectors like power and fertilizer and non-regulated sectors. New Delhi: The National Coal Index (NCI) recorded a 3.48% drop in June 2024, standing at 142.13 points compared to 147.25 points in the same month last year, the ministry of coal said in a statement. This decline is indicative of a robust coal supply in the market, meeting the increasing demands of the nation. The NCI, which aggregates coal prices from various sales channels such as notified prices, auction prices, and import prices, reflects transactions across coking and non-coking coal in both regulated sectors like power and fertilizer and non-regulated sectors. It serves as a crucial barometer of market dynamics, illustrating price fluctuations since its establishment in the fiscal year 2017-18. This period also saw a notable increase in coal production, with a growth rate of 14.58% compared to June last year. This surge in production is ensuring a stable supply of coal to various industries reliant on this critical resource, enhancing the overall energy security of the country. . ...Read More

• China's coal output up 2.8% in July despite surging hydropower generation

  16 Aug 2024

  A thermal power plant is seen near residential buildings in Beijing, China November 21, 2018. Picture taken November 21, 2018. REUTERS/Jason Lee/File Photo . ...Read More

• In a first, CIL to pay penalty for non-supply of e-auctioned coal

  16 Aug 2024

  Coal Ministry aims to make miners more accountable for timely and cost efficient supply to consuming industries, including non-regulated sectors. . ...Read More

• A Flood of Hydro Is Washing Coal From China’s Grid

  16 Aug 2024

  Recent torrential downpours have switched this source of power back on. The future will be tougher. . ...Read More

• India amends guidelines for cross-border electricity trade

  16 Aug 2024

  Now, electricity export will only be permitted if it was generated using imported coal. . ...Read More

• Business groups express support for DOE’s balanced energy, coal policy

  14 Aug 2024

  Major business groups including the Philippine Chamber of Commerce and Industry (PCCI), the Management Association of the Philippines (MAP) and the Employers Confederation of the Philippines (ECOP) expressed their support for the Department of Energy (DOE) and Secretary Raphael Lotilla for pursuing a balanced energy policy that addresses the country’s unique needs. . ...Read More