Coal news and updates

Updated daily

• 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

• Indonesia coal miners likely to gain from rising prices, supply disruptions

  11 Apr 2022

  COAL mining companies in Indonesia are likely to post strong earnings growth in 2022 amid rising coal prices and a supply disruption from the ongoing conflict in Ukraine, said DBS Group Research. . ...Read More

• Impact of global coal price and supply turbulences controllable on Chinese market

  11 Apr 2022

  As the EU imposed embargoes on coal from Russia, which is a major global supplier, international coal prices continue to hike, raising concerns over energy supply and security. . ...Read More

• Russia says coal earmarked for Europe can be redirected to other markets

  11 Apr 2022

  Kremlin spokesperson Dmitry Peskov said on Friday that coal was in high demand, and that Russian coal earmarked for Europe would be redirected to other markets if the EU refused it. . ...Read More

• 91 million tonnes coal stock can meet power needs for 45 days

  08 Apr 2022

  Coal India Ltd has 61 million tonnes of stock available in addition to 30 million tonnes with power plants and washeries, which is enough to run power plants for 45 days, officials told ET, saying the situation was critical but not alarming. Many power projects are operating with critical inventories, and a few have even shut down, raising alarm as the country faces a hotter-than-usual summer and record demand. . ...Read More

• ANALYSIS-As G20 chair, coal-heavy Indonesia sends mixed signals on green transition

  08 Apr 2022

  Clean energy transition is among Indonesia's G20 priorities * More ambitious action urged as Jakarta seeks donor funding * Calls to tap coal operators' profits to finance energy shift By Beh Lih Yi April 8 (Thomson Reuters Foundation) - Indonesia is using its stint as G20 president to push for more international funding for the green energy transition in developing nations - but analysts say Jakarta needs to back up its calls with more ambitious plans to cut emissions at home. . ...Read More

• EU approves Russia coal embargo, proposes more arms to Ukraine

  08 Apr 2022

  The European Union on Thursday said it had approved an embargo on Russian coal and the closing of the bloc's ports to Russian vessels over the Ukraine war. . ...Read More

• RTI eyes to sell 25 analyzers ever year in India

  08 Apr 2022

  Backed by the Centre’s vision to reduce imported coal and substitute it with quality domestic coal, Australian mining equipment manufacturer, Real Time Instruments (RTI) which is the producer of elemental analyzers is looking to have an order book of around 20-25 units of analyzers every year in India, according to a company official. . ...Read More

• Coal prices hit two-week highs after EU sanctions target Russian imports

  07 Apr 2022

  Coal prices jumped on Wednesday after the European Union imposed restrictions on Russian imports, marking the bloc's first sanctions on the country's fossil fuels shipments. . ...Read More

• Greece to Increase Coal-Fired Energy Production to Cut Gas Needs

  07 Apr 2022

  Greece will boost power output from lignite coal over the next two years in a short-term measure to reduce the country’s dependence on expensive natural gas. . ...Read More

• Indonesia, Australia face limits in coal exports to Europe ahead of Russian ban

  07 Apr 2022

  Indonesia and Australia, among the world’s top coal exporters, have hit their production limits and are unlikely to meet Europe’s demand for additional supplies if the European Union bans Russian coal imports, mining executives said on Wednesday. . ...Read More

• EU Nations Divided Over Coal Ban On Russia In 5th Round Of Sanctions Package

  07 Apr 2022

  European Union diplomats on Wednesday failed to approve a new sanctions package against Russia proposed by the European Commission, seemingly divided over the coal ban. The bloc had revoked Russia's "most-favoured-nation" trade status that enables EU nations to impose punitive tariffs on Russian trade and commerce. . ...Read More