Updated daily
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Rising coal prices due to Ukraine war don’t portend well for India
17 Mar 2022The impact of Russia’s Ukraine war on the energy sector, particularly oil and gas, as well as commodities, has been too dramatic to be missed by anyone, including consumers in the remotest part of the world. But what is causing new concern is how the war is pushing coal prices to unprecedented highs. . ...Read More
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Balkan states say supply security more pressing than ditching coal
17 Mar 2022Balkan states say supply security more pressing than ditching coal . ...Read More
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Chinese thermal coal demand tapers off as COVID-19 lockdowns hit again: sources
17 Mar 2022Chinese thermal coal demand is expected to be bearish in the near term, as the country imposed movement restrictions in various regions amid rising COVID-19 cases, a development which is likely to soften Asian coal prices, market sources told S&P Global Commodity Insights March 16. . ...Read More
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Global Coal Production Up 4%
17 Mar 2022Global coal production increased about 4% in 2021, to about 8 billion metric tons, according to the International Energy Agency (IEA) and estimates by Arch Resources. . ...Read More
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Britain sticking by its ending coal plans by 2024, says PM’s spokesman
15 Mar 2022Britain 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
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Russian Coal Exports: 177.2 Million Tonnes Exported With the EU and China the Two Biggest Markets
15 Mar 2022China 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
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Coal shortage looms as Railways runs short of rakes
15 Mar 2022The 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
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China's Jan-Feb coal output jumps 10.3% for winter heating
15 Mar 2022China's Jan-Feb coal output jumps 10.3% for winter heating . ...Read More
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What China’s ‘Two Sessions’ mean for the climate and commodities
14 Mar 2022Food 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
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Heavy rains and floods in Eastern Australia put pressure on strained coal markets
14 Mar 2022Australia 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
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Indonesian Coal Stocks Soar Over Russia Supply Concerns – Nikkei
14 Mar 2022Shares 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
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Asset monetisation: Coal leads the pack with Rs 50,000-crore mop-up
11 Mar 2022Coal 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
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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