Coal news and updates

Updated daily

• US Weekly Rail Traffic Falls 2.8%, Pulled Down by Coal, Miscellaneous Carloads

  21 Jul 2022

  US Stocks Close Higher Wednesday, Led by Consumer Discretionary, Tech . ...Read More

• China coking coal skids on weak demand, higher supply prospects

  21 Jul 2022

  Coking coal prices in China tumbled to a seven-month low on Wednesday, weighed down by prospects of higher supply and sustained weakness in demand for the steelmaking raw material, while fresh hopes of economic stimulus supported iron ore. . ...Read More

• Yancoal Australia cuts 2022 coal output view as floods, COVID bite

  21 Jul 2022

  Coal miner Yancoal Australia Ltd YAL.AX cut its 2022 output forecast on Wednesday, signalling a hit from higher-than-expected rainfall, COVID-19-led labour shortages and cost pressures. . ...Read More

• Green clearances to 83 projects of Coal India: Govt

  21 Jul 2022

  "Stage-II forest clearance granted for 14 proposals involving 2580.68 Ha of forest land," Coal Minister Pralhad Joshi said in a reply to the Lok Sabha. . ...Read More

• China’s approvals for new coal plants rebound amid renewed focus on energy security after last year’s power crisis: Greenpeace

  20 Jul 2022

  • China okayed 8.63 gigawatts of additional coal-fired capacity in the first quarter, about 50 per cent of the overall total for 2021, Greenpeace report shows • Approvals for new coal plants decreased 58 per cent year on year in 2021 following President Xi’s call to ‘strictly control the expansion of coal power’ . ...Read More

• Bosnian utility to deploy 50 MW of solar on coal waste site

  20 Jul 2022

  Bosnian utility EBiH plans to deploy solar plants across its coal waste sites. The first two projects will be built on a coal dump in the municipality of Gračanica. . ...Read More

• Poland to give households one-off payment to offset rising coal prices

  20 Jul 2022

  Poland will offer households a one-off payment of 3,000 zlotys ($646) to help cover the rising cost of coal amid surging energy prices prompted mainly by the war in neighbouring Ukraine Polish households and heating plants in smaller towns mostly used Russian coal on account of its high quality but imports were banned by Warsaw in April in response to Russia's invasion of Ukraine. . ...Read More

• Australia’s BHP to Review Coal Mining After Royalties ‘Triple’

  20 Jul 2022

  Resources giant BHP said on Tuesday it would review its coal mining production after being shaken by a steep rise in some Australian royalty rates that have angered trading partners such as Japan. . ...Read More

• Indonesia’s coal mining association proposes change in HBA calculation for accuracy: sources

  19 Jul 2022

  The Indonesia Coal Mining Association, or ICMA, has proposed to the government that it lower the influence of Australian coal prices in the calculation of Indonesia’s HBA Index, a move they believe will reflect the country’s coal prices more accurately, market sources familiar with the matter told S&P Global Commodity Insights July 14. . ...Read More

• European Union’s stability in energy supply to come from coal in near term: ANZ

  19 Jul 2022

  With the likelihood of a halt to Russian gas flows increasing and limited alternatives in the short term, energy rationing is likely to ensue, leaving EU with coal as the only option for stabilising its energy supply, Australia and New Zealand Banking Group said in a report July 14. . ...Read More

• China’s June daily coal output jumps on peak summer demand

  19 Jul 2022

  China’s daily coal output in June rose 6.6 per cent from a month earlier as miners cranked up output ahead of peak summer temperatures, when electricity demand surges as households turn on air conditioners to keep cool. . ...Read More

• Poland to boost coal imports, subsidies amid Russia sanctions

  19 Jul 2022

  Poland will develop new types of coal subsidies for consumers and boost imports to make sure it has enough fuel for the heating season amid shortages and surging prices. . ...Read More

• Afghanistan raises coal prices to USD 80 per tonnes for Pakistan

  18 Jul 2022

  Kabul [Afghanistan], July 17 (ANI): Afghanistan has raised coal prices to USD 80 per tonne for Pakistan amid a surge in export. . ...Read More

• https://timesofindia.indiatimes.com/business/india-business/cil-authorises-pt-bara-daya-energy-to-import-7-91-lakh-tonnes-coal-for-supply-to-gencos/articleshow/92903166.cms

  18 Jul 2022

  The demand for coal has increased substantially due to the economy opening up and improved power consumption. . ...Read More

• CIL authorises PT Bara Daya Energy to import 7.91 lakh tonnes coal for supply to gencos

  18 Jul 2022

  https://timesofindia.indiatimes.com/business/india-business/cil-authorises-pt-bara-daya-energy-to-import-7-91-lakh-tonnes-coal-for-supply-to-gencos/articleshow/92903166.cms . ...Read More