Coal news and updates

Updated daily

• Britain sticking by its ending coal plans by 2024, says PM’s spokesman

  15 Mar 2022

  Britain is sticking to its timetable to end the use of coal by 2024, a spokesman for Prime Minister Boris Johnson said on Monday, adding it was for individual firms to determine the operation of their coal plants. . ...Read More

• Russian Coal Exports: 177.2 Million Tonnes Exported With the EU and China the Two Biggest Markets

  15 Mar 2022

  China and the EU were the main destinations of Russian seaborne coal exports during 2021. In a recent weekly note, shipbroker Banchero Costa said that “following a disastrous 2020, . ...Read More

• Coal shortage looms as Railways runs short of rakes

  15 Mar 2022

  The government expects a touch-and-go situation in terms of availability of coal to power stations in the coming summer and rainy seasons even as all departments are fighting odds to prevent a crisis similar to August last year. . ...Read More

• China's Jan-Feb coal output jumps 10.3% for winter heating

  15 Mar 2022

  China's Jan-Feb coal output jumps 10.3% for winter heating . ...Read More

• What China’s ‘Two Sessions’ mean for the climate and commodities

  14 Mar 2022

  Food and energy security featured prominently in China’s ‘Two Sessions’ as the Russia-Ukraine war exacerbates concern over inflation and supply chain pressures. . ...Read More

• Heavy rains and floods in Eastern Australia put pressure on strained coal markets

  14 Mar 2022

  Australia has declared a national emergency along the east coast of the country, following heavy rains that caused floods across New South Wales and southern parts of Queensland. . ...Read More

• Indonesian Coal Stocks Soar Over Russia Supply Concerns – Nikkei

  14 Mar 2022

  Shares of coal mining companies in Indonesia, the world’s largest thermal coal exporter, have surged on the back of record prices for the fuel in the wake of Russia’s invasion of Ukraine, Nikkei reported, but the threat of another government export ban is deterring producers from immediately increasing shipments, likely keeping prices elevated for a while. . ...Read More

• Asset monetisation: Coal leads the pack with Rs 50,000-crore mop-up

  11 Mar 2022

  Coal mining will contribute Rs 50,000 crore, as against an annual sectoral target of Rs3,394 crore, towards the government’s asset monetisation drive, helping the Centre achieve the collection of an aggregate amount of Rs88,190 crore as upfront revenue from brownfield infrastructure assets. . ...Read More

• India's Russian Coal Imports Could Be Highest In Over 2 Years In March

  11 Mar 2022

  India'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

• DOE looks to coal wastes to increase US supply of rare-earth elements

  11 Mar 2022

  The 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

• Coal prices likely to cross $500 per tonne in 2022, Rystad Energy says

  11 Mar 2022

  Coal 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

• Coal India gets 100 per cent booking in its first single window e-auction

  10 Mar 2022

  Coal 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

• Peabody Gets a $534 Million Margin Call on Coal, and Goldman Steps In With a 10% Loan

  10 Mar 2022

  Locking in a price to sell coal at $84 a metric ton must have seemed like a good bet for Peabody Energy Corp. . ...Read More

• Ukraine crisis to push up power tariff as coal prices zoom

  10 Mar 2022

  The crisis has pushed up coal price, which is a key raw material used by the thermal power units dotted around the country. . ...Read More

• Tata Unit Wins 10-Year Indonesia Coal Licence – Mint

  10 Mar 2022

  Tata 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