Updated daily
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China, India set to boost global coal demand to all-time high
20 Dec 2021Global coal demand is forecast to hit a new all-time high in the next two years driven by robust energy demand from China and India despite pledges for net zero emissions. . ...Read More
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Coal India plans to boost stock at thermal power plants by March
17 Dec 2021Coal India plans to boost stock at thermal power plants to over 45 million tonnes (mt) from 20mt by March. . ...Read More
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World Bank recommends Indonesia cut coal subsidies amid green transition
17 Dec 2021The World Bank has urged Indonesia to drop a policy forcing miners to supply a set amount of subsidised coal to its state power company, which it said has encouraged the use of the dirty fuel in electricity generation. . ...Read More
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Coal demand can rise to an all-time high in 2022: IEA
17 Dec 2021A rebound in the global economy could propel coal demand to an all-time high in 2022, according to the International Energy Agency. . ...Read More
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Rescuers battle to pull out 21 trapped in N China coal mine
17 Dec 2021At least 400 rescuers are working around the clock to free 21 people trapped underground by a flood in a coal mine that flooded late Wednesday night in north China. . ...Read More
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22 trapped in flooded north China coal mine
16 Dec 2021Twenty-two people are trapped in a coal mine that was flooded late Wednesday night in Xiaoyi City in north China's Shanxi Province, local authorities confirmed on Thursday. . ...Read More
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China Nov coal output strikes to new high to ensure winter supply
16 Dec 2021China's coal output hit a fresh record in November as Beijing continued to urge miners to ramp up production to ensure sufficient energy supplies in the winter heating season. . ...Read More
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NTPC abandons plan to shut down 25-year-old coal-fired plants
16 Dec 2021State-run power producer NTPC has rolled back its decision to shut coal-based power plants that completed 25 years and more in operation, given that higher power demand can only be met through such power. The decision was also influenced by the power crisis in China that buttressed the significance of coal-fired power units, till storage-based technology takes root. . ...Read More
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Qld warns 'southern' property speculators
16 Dec 2021Queensland is closing a tax loophole on "southern speculators flipping properties" as the state treasurer trims the budget deficit on the back of surging coal and housing prices. . ...Read More
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Indonesia’s Coal Barons Reap Windfall From Rising Demand
15 Dec 2021Indonesia’s mining barons benefited as China saw its coal supplies disrupted by cold weather and a trade spat with Australia, stoking demand for the fuel. Prices spiked to all-time highs, causing the fortunes of Indonesia’s coal producers to soar. “Financial results of coal miners are improving in line with the rising coal price,” says Dessy Lapagu, an analyst at Samuel Sekuritas Indonesia. “That lifted the share price of coal companies.” . ...Read More
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China coal output hits record in Nov to ensure winter supply
15 Dec 2021China's coal output hit a record high in November as Beijing urged miners to ramp up production to ensure sufficient energy supplies in the winter heating season. . ...Read More
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Thiess secures 12-month Caval Ridge extension
15 Dec 2021Thiess has been awarded a 12-month contract extension by BHP Mitsubishi Alliance (BMA) to continue providing mining and maintenance services at the Caval Ridge Mine in Queensland, Australia. . ...Read More
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Russia detains coal tycoon over deadly Siberia mine blast
15 Dec 2021Russian investigators said Wednesday they had detained tycoon Mikhail Fedyayev after a blast at a coal mine in Siberia that killed 51 people last month. . ...Read More
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Dalian coking coal, coke futures rise on supply concerns
14 Dec 2021Chinese steelmaking raw materials rose on Tuesday, led by an over 6% jump in coking coal futures on supply worries fuelled by imports of the ingredient remaining at relatively low levels. . ...Read More
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Coal mines to create 3 lakh jobs: Pralhad Joshi
14 Dec 2021The 41 coal mines offered in the first round of auction by the government is estimated to generate employment for approximately 3 lakh people, informed the minister of Coal and Mines Pralhad Joshi in a written reply in Rajya Sabha on Monday. . ...Read More