Coal news and updates

Updated daily

• Coal import uncertainty and balanced fuel mix dilemma

  18 Feb 2022

  Bangladesh has been building nearly 10,000 MW capacity coal based power plants solely dependent on imported coal. The Payra 1,320 MW coal fired power plant currently has been in operation (one 660 MW unit in operation) consumes daily approximately 6,000 tonne of coal imported from Indonesia. Other power plants under construction are expected to import coal from Indonesia due to convenient geographical location and comparative price advantage. . ...Read More

• Greens propose $40 billion takeover of electricity sector to eliminate coal by 2030

  18 Feb 2022

  The hastening decline of coal-fired power is triggering a rethink of Australia's electricity market, with the Greens proposing a $40 billion renationalisation of the sector. . ...Read More

• Commercial lenders still tipping US$1.5tn into coal, research says

  17 Feb 2022

  Commercial banks lent over US$1.5tn to companies in the global coal industry between 2019 and 2021, according to new research, despite a flurry of commitments to ease away from the sector and aim for net-zero emissions. . ...Read More

• Firm Asian thermal coal prices, high freight hurt ex-Chinese seaborne deals

  17 Feb 2022

  Firm seaborne thermal coal prices and volatile freight rates have slowed down interests from Asia’s ex-Chinese markets like Thailand, Vietnam and India, market sources told S&P Global Platts. . ...Read More

• China Looks To Run Coal-Fired Power Plants At Full Capacity

  17 Feb 2022

  China will help run its coal-fired power plants at full capacity in a bid to ensure energy security, despite the climate goals of the world's largest polluter. . ...Read More

• Origin to shut Australia's biggest coal-fired power plant in 2025

  17 Feb 2022

  Origin Energy said on Thursday it plans to shut the country's biggest coal-fired power plant in 2025, . ...Read More

• Grant to reduce, eliminate toxicity of coal mine dust

  16 Feb 2022

  Increases in lung diseases have been related to respirable coal mine dust. Penn State has been awarded $327,849 from the National Institute for Occupational Safety and Health (NIOSH) to fund research targeting ways to reduce or eliminate the toxicity of respirable coal mine dust. . ...Read More

• APAC Thermal Coal Prices to Ease on End of Indonesia Export Ban

  16 Feb 2022

  Fitch Ratings-Shanghai/Singapore-14 February 2022: APAC thermal coal prices are likely to come under pressure in the near term due to seasonally weaker demand and the lifting of a ban on coal exports in Indonesia, Fitch Ratings says. . ...Read More

• Indonesia Jan export growth below expectation after coal shipment ban

  16 Feb 2022

  Indonesia’s export growth slowed more than expected in January, after authorities in the world’s top thermal coal exporter banned shipments in the first week of 2022, data from the statistics bureau showed on Wednesday. . ...Read More

• India likely to be self-reliant in thermal coal by 2024: Secy

  16 Feb 2022

  The country may not need to import coal for generating electricity by 2024. Production by both Coal India Limited (CIL) and private companies is going up, which is ultimately expected to do away with the need for importing coal which is used in power plants, said Union coal secretary Anilkumar Jain. . ...Read More

• Queensland finds new coal markets to replace China

  15 Feb 2022

  India, Japan and South Korea have picked up the shortfall from China’s informal ban on Queensland’s coal exports, according to new figures. . ...Read More

• Coal Boom Triggers Mozambique's Biggest Port to Triple Capacity

  15 Feb 2022

  Grindrod Ltd., the Johannesburg-listed logistics operator, plans to triple capacity at its drybulk port terminals in Mozambique to cater for growing demand for coal exports from neighboring South Africa, the company said Monday. . ...Read More

• Thermal coal's record price run may end up its own worst enemy: Russell

  15 Feb 2022

  The price of benchmark Australian thermal coal rose last week to trade near record highs, providing a short-term boost to producers but increasing the risks of longer-term pain. . ...Read More

• Coal India net profit rises 47 per cent

  15 Feb 2022

  State-owned Coal India on Monday reported a 47.7 per cent rise in consolidated net profit at Rs 4,558.39 crore for the quarter ended December 31, 2021 on the back of higher revenue from operations. . ...Read More

• China’s coal output rises during Spring Festival holiday

  14 Feb 2022

  China’s coal output has increased during the seven-day Spring Festival holiday amid the country’s efforts to keep coal production and supply stable, the country’s top economic planner said Tuesday. . ...Read More