Updated daily
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India's Russian Coal Imports Could Be Highest In Over 2 Years In March
11 Mar 2022India's coal imports from Russia in March could be the highest in more than two years, data from research consultancies showed, as Indian buyers continue buying the fuel from a market that is now increasingly isolated by sanctions. . ...Read More
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DOE looks to coal wastes to increase US supply of rare-earth elements
11 Mar 2022The US Department of Energy announced last month plans to offer $140 million for building and operating a plant that will separate rare-earth elements (REEs) from coal wastes. Those wastes, however, have low concentrations of REEs that are comparable to those in soils and rock, raising doubts as to whether such an operation could be economically viable. . ...Read More
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Coal prices likely to cross $500 per tonne in 2022, Rystad Energy says
11 Mar 2022Coal prices could cross $500 per tonne in 2022, underpinned by soaring gas prices which may lead European countries to turn to coal, Rystad Energy said on Thursday. . ...Read More
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Coal India gets 100 per cent booking in its first single window e-auction
10 Mar 2022Coal India on Wednesday said the common electronic auction platform cleared by the cabinet last month would create a level playing field. There will be a uniform price structure for all consumers, while a large number of buyers will eliminate cartelisation. . ...Read More
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Peabody Gets a $534 Million Margin Call on Coal, and Goldman Steps In With a 10% Loan
10 Mar 2022Locking in a price to sell coal at $84 a metric ton must have seemed like a good bet for Peabody Energy Corp. . ...Read More
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Ukraine crisis to push up power tariff as coal prices zoom
10 Mar 2022The crisis has pushed up coal price, which is a key raw material used by the thermal power units dotted around the country. . ...Read More
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Tata Unit Wins 10-Year Indonesia Coal Licence – Mint
10 Mar 2022Tata Power-backed subsidiary Kaltim Prima Coal (KPC) has bagged a special mining business permit for 10 years from the Indonesian government, Mint reported. . ...Read More
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EU commits to fully phase out dependency on Russian fossil fuels before 2030
09 Mar 2022The European Union is seeking to fully phase out its dependency on Russian energy “well before 2030” to ensure the 27-nation bloc no longer faces difficult decisions about hurting their own economies in geopolitical crises like the invasion of Ukraine. . ...Read More
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CERAWEEK Colombia in talks with coal producers for exporting extra supplies -minister
09 Mar 2022CERAWEEK Colombia in talks with coal producers for exporting extra supplies -minister . ...Read More
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Europe Will Need to Rely on Coal Says Freeport LNG CEO
09 Mar 2022Europe Will Need to Rely on Coal Says Freeport LNG CEO . ...Read More
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Coal Price To Stay High on China, India Demand, Says Trafigura
09 Mar 2022Global commodities trading firm Trafigura expects thermal coal prices to remain high in the near-term due to an estimated supply shortage of 3-5% in 2022, a senior executive said on Tuesday. . ...Read More
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Coal India surpasses 608 MTs of coal offtake as on 04 Mar
08 Mar 2022Coal India announced that it has hit another record high coal supplies at 608.15 million tonnes (MTs) as on 04 March 2022. The company has moved past the previous highest coal off-take of 608.14 MTs achieved in FY’19 nearly four weeks before the current fiscal draws to a close. . ...Read More
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China’s Jan-Feb coal imports slide 14% on supply disruption
08 Mar 2022China’s coal imports in the first two months of 2022 dropped 14% from a year earlier after Indonesia, its biggest overseas supplier of the fuel, banned exports for a period in January, delaying shipments of dozens of cargoes. . ...Read More
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EU to phase out Russian gas, oil, coal imports - leaders' draft
08 Mar 2022EU to phase out Russian gas, oil, coal imports - leaders' draft . ...Read More
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U.S. Coal Prices Soar as War Drives Global Commodities Rally
08 Mar 2022Concerns of a looming global shortage of coal are driving up prices in every U.S. region that has access to export markets. . ...Read More