Coal news and updates

Updated daily

• China Reaffirms Green Energy Promises as Coal Stocks Soar

  28 Jul 2022

  China remains on track to meet its carbon reduction goals and boost green energy, a top official said on Wednesday, even as coal inventories soar. . ...Read More

• Indonesian coal miners mull revising 2022 production targets downwards

  28 Jul 2022

  Indonesian thermal coal miners are mulling lowering their production targets for 2022 because of unavailability of heavy equipment and unseasonal rains, sources told S&P Global Commodity Insights July 26. . ...Read More

• Return of coal a threat to European companies' ESG ratings

  27 Jul 2022

  LONDON/FRANKFURT (Reuters) - European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance ratings, leaving them scrambling to impress investors still vocal on sustainability. . ...Read More

• CESTAT Allows Cenvat Credit of 2% CVD Paid On Import Of Steam Coal

  27 Jul 2022

  The Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) consisting of Ajay Sharma (Judicial Member) and P.V. Subba Rao (Technical Member) has allowed the Cenvat credit of 2% CVD paid on the import of steam coal. . ...Read More

• State Gencos approach REC for loans amounting to ₹3,700 crore to procure coal-Business Journal

  27 Jul 2022

  State government-run power generating companies (Gencos) from Maharashtra, Haryana, Punjab, Rajasthan and Karnataka have approached the Rural Electrification Corporation (REC) to avail working capital loans amounting to ₹3,700 crore for procuring coal, the Parliament was informed on Tuesday. . ...Read More

• Factbox: Europe ramps up coal imports as energy supply fears grow

  27 Jul 2022

  LONDON, July 26 (Reuters) - European buyers have had to temporarily set aside green aspirations in a rush for coal as the region’s energy crisis deepens, ramping up shipments from Australia, South America, Colombia and South Africa while tightening the global marke . ...Read More

• Bens Creek on Track to Meet Coal Production Targets -- Commodity Comment

  26 Jul 2022

  By Jaime Llinares Taboada Bens Creek Group PLC said Monday that its production expectations for fiscal 2023 remain on track with business plans and ... • . ...Read More

• Tajikistan's coal exports significantly increase – minister

  26 Jul 2022

  BAKU, Azerbaijan, July 25. Tajikistan significantly increased the volume of coal exports in the first half of 2022, said Minister of Industry and New Technologies of Tajikistan Sherali Kabir, Trend reports via asiaplustj.info. . ...Read More

• China’s Belt & Road Cut Funds for Foreign Coal Plants: Report

  26 Jul 2022

  China’s investments in countries that are part of its Belt & Road scheme saw a small decline in the six months to June, with Russia, Sri Lanka and Egypt getting zero investments, the report said. . ...Read More

• Govt terminates coal mines of NTPC, WBPDCL and Monnet Ispat & Energy

  26 Jul 2022

  The Coal Ministry has penalised a total of 45 firms and issued show cause notice to another 107 for delays in mine operations | Photo Credit: -- . ...Read More

• High freight rates, rake shortage hit coastal coal shipping plan

  25 Jul 2022

  Inadequate rake supply continues to haunt railways despite its numerous claims of intervention . ...Read More

• Global 2021 coal-fired electricity generation surges to record high

  25 Jul 2022

  By contrast, mine output was still fractionally below the record set between 2012 and 2014 because older and less efficient coal generators have been replaced by newer and more efficient ones needing less fuel per kilowatt. . ...Read More

• South32 fourth-quarter metallurgical coal output rises 3%

  25 Jul 2022

  Australian diversified miner South32 Ltd on Monday posted a 3% rise in fourth-quarter metallurgical output as a return to longwall method of mining at its flagship Illawarra project in New South Wales continues to boost output. . ...Read More

• Section of mountain at Coal mine in China collapses, 10 killed

  25 Jul 2022

  Ten people were killed and 7 were injured after the collapse of a section of a mountain at a coal mine in China's Gansu. . ...Read More