Coal news and updates

Updated daily

• New Hope 4Q Coal Output Up, Earnings Surge on Strong Coal Prices

  22 Aug 2022

  Australian miner New Hope Corp. on Monday reported a lift in fourth-quarter coal production and said it expects to report a surge in annual earnings because of strong coal prices. . ...Read More

• China’s July Russian Coal Imports Hit 5-Yr High As West Shuns Moscow

  22 Aug 2022

  SINGAPORE –China’s coal imports from Russia jumped 14 percent in July from a year earlier to their highest in at least five years, as China bought discounted coal while Western countries shunned Russian cargoes over its invasion of Ukraine. . ...Read More

• NPS’s coal phase-out policy poses financial risk of state utility firms

  22 Aug 2022

  The latest move by South Korea’s largest institutional investor National Pension Service to seek to cut investment in power companies with high coal dependency under ESG principles is expected to aggravate financial woes of the country’s state-run utility firms. . ...Read More

• Immersive Technologies simulator commissioned for use in Indonesia

  19 Aug 2022

  As the coal mining industry in Indonesia seeks increased output, the need for quality workforce development tools has also increased. . ...Read More

• War on Coal Resumes in the United States, While Europe Uses More

  19 Aug 2022

  The ruling from U.S. District Judge Brian Morris requires government officials to conduct a new environmental review prior to resuming coal sales from federal lands. According to the judge, . ...Read More

• South Africa’s coal exports to Europe surge amid Russia-Ukraine war

  19 Aug 2022

  FILE PHOTO: A Transnet Freight Rail train is seen next to tons of coal mined from the nearby Khanye Colliery mine, at the Bronkhorstspruit station, in Bronkhorstspruit, around 90 kilometres north-east of Johannesburg, Price of thermal coal increasing to unprecedented levels, says Thungela Resources . ...Read More

• China will increase its use of coal due to power shortages caused by the drought

  19 Aug 2022

  China: The scorching heat has pushed electricity demand to record levels and the Yangtze River Basin threatens to run out of hydropower, Vice-Premier Han Zheng has said, adding that China is trying to ensure stable energy from coal-fired power plants. and will increase support for miners. supply. . ...Read More

• EU imports of South African coal surge eight-fold, replacing Russian fossil fuels

  18 Aug 2022

  South Africa’s coal sales to Europe rose eight-fold during the first six months of 2022 compared with last year as demand for the fossil fuel surged ahead of a ban on Russian coal, according to Thungela Resources, a South Africa-based thermal coal exporter. . ...Read More

• China doubles down on coal with rapid roll-out of new railway track to the world’s largest deposit

  18 Aug 2022

  • • https://www.google.co.in/amp/s/amp.scmp.com/news/china/science/article/3189191/china-doubles-down-coal-rapid-roll-out-new-railway-track-worlds • . ...Read More

• Chinese Factories Ration Electricity Amidst Power Crisis Due to Heatwave

  18 Aug 2022

  This aerial photo taken on August 16, 2022 shows a general view of a coal mine in Pingdingshan, in China's central Henan province. (Photo : Photo by STR/AFP via Getty Images) . ...Read More

• More than 107 coal mines to be auctioned in near future: Pralhad Joshi

  18 Aug 2022

  Joshi, while addressing a function, said that in the last four months CIL has produced around 207 million tonnes of coal, thereby setting a new record, according to a coal ministry statement. . ...Read More

• Vietnam targets higher coal imports as domestic demand climbs

  17 Aug 2022

  Vietnam has forecast a substantial increase in coal imports over the next 12-15 years, particularly from the power sector, on rising domestic demand, according to a draft strategy for the coal industry from the Ministry of Industry and Trade, or MoIT. . ...Read More

• EU clarifies sanctions on Russian cargoes including coal and fertilisers

  17 Aug 2022

  1.It shall be prohibited to purchase, import, or transfer, directly or indirectly, goods which generate significant revenues for Russia thereby enabling its actions destabilising the situation in Ukraine, as listed in Annex XXI into the Union if they originate in Russia or are exported from Russia. . ...Read More

• India bares new climate goals amid coal dependency woes

  17 Aug 2022

  The Indian cabinet approved India’s updated Nationally Determined Contributions in line with the commitments under the Paris Agreement and the announcements made at the Glasgow COP26 Summit. . ...Read More

• Germany's Russian gas crisis sparks coal rush

  17 Aug 2022

  "A rush like this in the summertime, it's unheard of -- everybody wants coal," says Frithjof Engelke, a supplier of the briquettes which have become a hot commodity in the German capital. . ...Read More