Coal news and updates

Updated daily

• China Violates Climate Pledge

  18 May 2022

  Amid pressure from the international community, Chinese President Xi Jinping had pledged in September 2021 to stop engagements in the coal-fired plants abroad and also become carbon neutral by 2060. However . ...Read More

• Analysis-U.S. coal companies struggle to cash in on Europe crunch

  18 May 2022

  WASHINGTON (Reuters) - U.S. coal producers are seeking to boost exports to cash in on soaring prices since Russia's invasion of Ukraine but face big headwinds including shipping bottlenecks, labor shortages, and a dismal long-term outlook discouraging investments in new mines. . ...Read More

• Japan companies accelerate move to replace Russia coal with Australian supply, others

  18 May 2022

  Japanese utilities and manufacturers are stepping up efforts to seek alternative supplies to Russian coal from Australia, Indonesia and Vietnam, among others, the Ministry of Economy, Trade and Industry said May 17, following the country’s decision to phase out Russian coal imports. . ...Read More

• Chinese mills' finished steel output drops more than 5% in early May, Cisa says

  17 May 2022

  Member mills of the China Iron & Steel Association (Cisa) lowered their production rates for finished steel by 5.73% in early May compared with the preceding 10 days, according to data published by the association on Thursday May 12. . ...Read More

• Power sector dues to Coal India up 4.5 per cent to ₹12,819 cr in April

  17 May 2022

  The outstanding dues to state-run Coal India (CIL) from the power sector rose by 4.5 per cent month-on-month to ₹12,819.41 crore in April 2022 . ...Read More

• China's thermal coal futures mute as Beijing reins in commodity inflation

  17 May 2022

  BEIJING, May 16 (Reuters) - Trade in China's thermal coal futures has almost come to a halt, after Beijing stepped up its control of coal prices to rein in the soaring costs of energy and raw materials. . ...Read More

• UK Plans to Label Gas as a Green Investment to Replace Coal

  17 May 2022

  The UK plans to allow some natural gas projects to be labeled as sustainable in its green investment rulebook due to be published later this year . ...Read More

• Botswana plans $2.5 bln coal-to-liquids plant to cut fuel imports

  17 May 2022

  The coal-to-liquids plant, which will operate under a public-private partnership model, will produce 12,000 barrels of diesel and gasoline a day, with a planned lifespan of 30 years. "The project has been approved for procurement and production will primarily be for the local market," Botswana Oil senior manager responsible for new ventures, Gamu Mpofu, said. . ...Read More

• China's coal imports from Russia rise by 49 per cent in April: Reports

  16 May 2022

  The shipments of Russian metallurgical coal to China increased to nearly 49 per cent in April from a month earlier, Sputnik reported, citing the commodity analytics firm Kpler. Russia has been diverting coal shipments eastward as European markets continue to close over the fighting in neighboring Ukraine. . ...Read More

• Gencos may face action over low coal stock

  16 May 2022

  Power regulator Central Electricity Regulatory Commission (CERC) has proposed a reduction in the tariffs of electricity from plants that do not maintain adequate coal stocks . ...Read More

• As EU Shuns Russian Oil and Coal, India Prepares to Benefit

  16 May 2022

  As the West ramps down its consumption of Russian energy supplies due to the invasion of Ukraine, markets in the developing world stand to benefit from discounted, sanctioned supplies. India is already stepping up imports of affordable Russian oil, and it is expected to begin accepting cargoes of Russian coal at scale. . ...Read More

• China’s Coal and Gas Power Plummets as Covid Zero Hammers Demand

  16 May 2022

  China’s electricity output plummeted last month as virus restrictions in Shanghai and other parts of the country pummeled economic activity from factory floors to steel mills and shopping malls. . ...Read More

• Banks bet big on coal in Indonesia, bucking global shift away from fossil fuel

  13 May 2022

  A surge in coal prices is driving a wave of bank loans to miners in Indonesia, the world’s fifth-largest coal producer and top exporter. . ...Read More

• ‘The wheels came off’: South Africa court nixes coal mine extension

  13 May 2022

  A South African judge has declared invalid the 2016 extension of a mining right to allow Tendele Coal Mining Pty. to expand one of the country’s largest coal operations. . ...Read More