Coal news and updates

Updated daily

• 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

• https://www.kallanish.com/en/news/steel/market-reports/article-details/vietnamese-hrc-market-tumbles-to-2020-lows-0722/

  18 Jul 2022

  Germany's Scholz says switch back to coal and oil 'temporary . ...Read More

• Nearly 600 bps drop in margin for base metal players likely in FY2023 due to price correction and elevated energy costs; outlook revised to Stable from Positive: ICRA

  15 Jul 2022

  • Metal prices to remain under pressure in the near term owing to weakening global demand . ...Read More

• 10 UltraTech mines awarded 5-Star rating for sustainable mine management

  15 Jul 2022

  10 UltraTech mines awarded 5-Star rating for sustainable mine management . ...Read More

• RINL floats global tender for coking coal, PCI supply

  15 Jul 2022

  "Global tender notice for supply of imported coking and PCI coal. Sealed tenders are invited for supply of 3.75 lakh MT coking coal and 75,000 MT PCI with the shipping tolerance of 10 per cent as per the specifications indicated in the tender document," an RINL notification said. . ...Read More

• Mining policy has pushed up export’: Amit Shah

  15 Jul 2022

  NEW DELHI: Claiming that the Narendra Modi government has ushered in transparency, removed barriers and taken care of environmental concerns related to the coal sector, Union Home Minister Amit Shah said on Tuesday that the new policies would make India self-reliant in mines and minerals. . ...Read More

• Glencore Expands Coal Mining in an Australian Methane Hotspot

  14 Jul 2022

  The company is opening up new areas for mining at its Hail Creek coal site, which scientists have linked to significant emissions of the potent greenhouse gas. . ...Read More

• Glencore Expands Coal Mining in an Australian Methane Hotspot

  14 Jul 2022

  The company is opening up new areas for mining at its Hail Creek coal site, which scientists have linked to significant emissions of the potent greenhouse gas. . ...Read More

• EIA lowers 2022 coal consumption estimates as plants retire

  14 Jul 2022

  With 14.9 GW of coal-fired capacity to retire in 2022, the Energy Information Administration July 12 estimated 2022 coal consumption at 481.7 million st, down 3.9% on the year. . ...Read More

• China’s June coal imports slump as traders shun expensive overseas cargoes

  14 Jul 2022

  China’s coal imports fell 33% in June from a year ago, with traders turning down expensive overseas cargoes in favor of domestic ones with capped prices as COVID-19 restrictions and higher renewables output dented demand for coal-fired power. . ...Read More