Coal news and updates

Updated daily

• E.SUN FHC Commits to Phase-out of Coal By 2035

  18 Apr 2022

  TAIPEI, Taiwan--(BUSINESS WIRE)--E.SUN FHC, taking the initiative to follow the international trend and achieve the goals of COP26, announced coal phase-out by 2035 on April 11. This policy applies to all E.SUN FHC subsidiaries and overseas locations and encompasses actively managing carbon emissions from financial assets, increasing green assets, reducing gray assets in investment and financing, and promoting social energy transformation and global climate goals through the allocation of financial resources. . ...Read More

• China Raises Coal and Gas Output to Records After Prices Surge

  18 Apr 2022

  China boosted coal and gas output to record levels in March, as the nation turned to its domestic producers for security of supply after international prices skyrocketed in the wake of the Russian invasion of Ukraine . ...Read More

• Richards Bay coal operate normally while the rains hit the province

  14 Apr 2022

  Richards Bay Coal Terminal, one of the world’s greatest coal export ports, said it’s operating as normal despite heavy rains in the KwaZulu-Natal province where it is found. . ...Read More

• Indonesia aims to set up coal levy agency by June

  14 Apr 2022

  Indonesia’s government aims to establish a “special entity” by June to help secure coal supplies for the state power utility company and collect levies, energy minister Arifin Tasrif told parliament on Wednesday. . ...Read More

• Power shortage: States told to step up coal imports

  14 Apr 2022

  Union power minister RK Singh told state power generation companies (gencos) on Tuesday to alter their fuel mix by using up to 10% imported coal to boost their output, as the country’s power shortage crossed 105 million units (MUs) on April 12, compared with the recent peak of 82 MUs on October 12, 2021. Separately, . ...Read More

• European coal price reaches one-month high as Russia supply curbs bite

  13 Apr 2022

  Northwest European coal futures rose to the highest in more than a month as curbs on imports from Russia tighten the market. . ...Read More

• European coal price reaches one-month high as Russia supply curbs bite

  13 Apr 2022

  Northwest European coal futures rose to the highest in more than a month as curbs on imports from Russia tighten the market. . ...Read More

• Coal-rich Shanxi Province vows to eliminate dirty bulk coal in its most polluted cities

  13 Apr 2022

  North China's Shanxi Province has pledged to eliminate bulk coal use in its Jinzhong Basin before the 2022 heating season begins later in the year, according to a plan released by the local government to achieve clean heating in winter. . ...Read More

• Indian states stare at power shortage amid coal supply crisis at power plants

  13 Apr 2022

  Several states in India are likely to see a power shortage in the coming weeks as power plants struggle to find optimum amounts of thermal coal amid rising summer demand, higher import costs and the resultant supply tightness, sources told S&P Global Commodity Insights in the week that began April 10. . ...Read More

• Mongolia eyes ramp-up of coking coal, copper exports to China in 2022: minister

  13 Apr 2022

  Mongolia is ramping up its efforts to supply raw material such as coking coal and copper to China in 2022 after a lackluster trade in 2021, as it expands its mining sector and boosts its transport network, said Batnairamdal Otgonshar, Vice-Minister at Mongolia’s Mining and Heavy Industry Ministry. . ...Read More

• Whitehaven coal mine decision expected by July

  12 Apr 2022

  A deadline of July has been set for a decision on whether to go ahead with a new coal mine in Cumbria. . ...Read More

• Asia unlikely to rescue Russian coal amid Europe ban

  12 Apr 2022

  By other markets, Russia most likely means Asia and Moscow is most likely being hopelessly optimistic if it thinks Asia is going to swing dramatically towards Russian coal and replace what’s lost in exports to Europe. . ...Read More

• “Coal Market” Is Expected to Boom: PT Adaro Energy, Tbk, Beijing Jingmei Group Co. Ltd, Mitsubishi Corporation

  12 Apr 2022

  The Global Coal market exhibits comprehensive information that is a valuable source of insightful data for business strategists during the decade 2017-2027. On the basis of historical data, Coal market report provides key segments and their sub-segments, revenue and demand & supply data. Considering technological breakthroughs of the market Coal industry is likely to appear as a commendable platform for emerging Coal market investors. . ...Read More

• Demand soaring: ‘Tolling’ on the table as imported coal prices heat up

  12 Apr 2022

  The Centre may soon ask states to use tolling to allow other thermal power plants to utilise their coal linkages and transmit power to reduce the need to transport coal, as per a senior government official. . ...Read More

• China’s commitment to decarbonisation has not changed, despite increase in coal power use

  11 Apr 2022

  At a recent hearing on “China’s Energy Plans and Practices” held by the US-China Economic and Security Review Commission before the US Congress, a member asked those testifying: “When do you think the Chinese leadership will not be concerned about energy security?” It was a trick question, but the panellists knew the correct response: never. . ...Read More