Coal news and updates

Updated daily

• US coal exports to Africa on the rise

  13 Sep 2024

  Exports of thermal coal from the US to Africa increased 60% in the first half of this year to 5.3 million tons, compared with 3.1 MMst in the same period in 2023, the International Energy Agency said. . ...Read More

• Labor’s new coal royalty ‘safeguard’ draws the ire of QRC

  13 Sep 2024

  The Queensland Government and the Queensland Resources Council (QRC) are at loggerheads over the newly passed Progressive Coal Royalty Protection (Keep it in the Bank) Bill 2024. . ...Read More

• Coal ministry urges faster operationalization of 71 coal blocks to boost domestic production

  13 Sep 2024

  Chaired by Additional Secretary and Nominated Authority Rupinder Brar, the meeting emphasized the need for faster regulatory clearances for the mines, which are spread across nine states. These include Arunachal Pradesh, Assam, Chhattisgarh, Jharkhand, Madhya Pradesh, Maharashtra, Odisha, and West Bengal. . ...Read More

• Origin reworks coal power stalwart for final years

  12 Sep 2024

  An $80 million maintenance overhaul and an increased ability to power down when renewables swamp the market have set up Origin Energy’s giant Eraring coal power station to battle through its final years before the NSW Central Coast site transforms into a battery storage hub. . ...Read More

• Cape size vessel with 1.5 lakh metric tonnes of coal arrives at Krishnapatnam Port

  12 Sep 2024

  A cape size vessel named MV Yan Li arrived at Adani Krishnapatnam Port on Wednesday morning. The vessel anchored at berth no. 3 of the port with 1.5 lakh metric tonnes of coal from South Africa. . ...Read More

• Southeast Asia steps up coal imports as China peaks

  12 Sep 2024

  South-East Asia, with countries such as Vietnam and the Philippines, should see its coal imports grow, while Chinese demand stabilizes. . ...Read More

• Indonesian coal companies go on buying spree for Western mines

  12 Sep 2024

  Coal being moved from a barge at Indonesia's Tanjug Priok port. Indonesian mining companies have been buying up Western coal assets driven by lower emissions rules and cheap financing © Reuters . ...Read More

• Anglo American’s coal mine sale faces hurdles due to price drop

  10 Sep 2024

  Monday, September 9, was the date Anglo American had indicated it would begin receiving bids for its five central Queensland coking coal mines. . ...Read More

• China has more than 1 bln tons/year of new coal mines in pipeline, report says

  10 Sep 2024

  BEIJING, Sept 10 (Reuters) - China accounts for more than half of the world's pipeline of new coal mines, risking a significant increase in methane emissions, a new study published on Tuesday showed. . ...Read More

• Coal exchange to swap opacity for transparency

  10 Sep 2024

  India is the world’s second-largest producer and consumer of coal and its procurement is set for transformation with the introduction of a coal exchange. This initiative aims to overhaul the existing coal trading system by introducing a transparent, efficient and competitive market, better able to meet the needs of consumers through greater competition among suppliers. . ...Read More

• India's power sector to rise 2.2 times to USD 280 bn by FY30: report

  10 Sep 2024

  India's power generation and transmission sectors are poised for substantial growth, as the country enters a phase of capex-driven GDP growth, the power intensity should rise, said Jefferies in its report issued later this week in September. . ...Read More

• Dry Bulk Shipping Sees Renewed Momentum

  09 Sep 2024

  The dry bulk shipping sector is experiencing a resurgence, with the Baltic Dry Index (BDI) showing improvement and major financial institutions taking notice. Deutsche Bank has recently initiated coverage on two key players in the industry, signaling renewed investor interest in the sector. . ...Read More

• Coal India targets 5 GW renewable energy by 2028

  09 Sep 2024

  Coal India plans to install five GW of renewable energy capacity by 2028. The business is also planning to install pump storage projects in its open-cast mines in order to diversify its green energy portfolio. It is currently in various stages of discussion with other nations to acquire vital mineral assets. . ...Read More

• Indonesia has yet to receive promised G7 funds to reduce coal use

  09 Sep 2024

  NUSA DUA, Indonesia :Indonesia is still waiting for cheaper financing to hasten early retirement of coal-fired power plants under a pact with the rich nations of the G7 grouping, senior government officials said on Monday, . ...Read More

• NLC India Ltd to Fast-Track Mining Operations at Machhakata Coal Block in Odisha

  09 Sep 2024

  BHUBANESWAR: NLC India Ltd. (NLCIL) is set to begin operations at the Machhakata coal block in Odisha ahead of schedule, marking a significant milestone in its expansion strategy. The Machhakata block, . ...Read More