Coal news and updates

Updated daily

• Hong Kong’s AIA Group Sells Nearly $10 Billion of Coal Investments

  08 Dec 2021

  AIA Group Ltd. has sold off almost $10 billion of investments in coal mining and coal-fired power businesses as pressure grows on financial firms to cut ties with the sector. . ...Read More

• Coal-based thermal power generation rises 16.1 per cent to 594 bn units in Apr-Oct: Govt

  08 Dec 2021

  Coal-based thermal power generation has increased by 16.1 per cent to 594.4 billion units (BU) during April-October this year over the same period a year ago, . ...Read More

• Lingering rail disruption impacts Teck's steelmaking coal sales in fourth quarter

  07 Dec 2021

  Teck Resources, one of Canada’s leading mining companies, reported yesterday that rail service between west coast terminals and Teck’s B.C. operations remains impacted by recent heavy rains and flooding, with both CN and CP operating at reduced levels following service interruptions. . ...Read More

• Coal diversion to power firms leaving non-power ones fuel-starved: ICPPA

  07 Dec 2021

  Despite the power sector having come out of the coal crisis, captive power plant (CPP)-based non-power industries, such as aluminium, steel, zinc and cement, among others, continue to get less than 50 per cent of their coal requirements. . ...Read More

• China's November coal imports at highest in 2021

  07 Dec 2021

  China's coal imports hit their highest level of 2021 in November, as the world's biggest consumer of the dirty fuel scrambled to feed its power system as the winter heating season kicked in. . ...Read More

• ‘Coal would remain energy leader for at least 15 years’

  06 Dec 2021

  Coal India Ltd (CIL) has been in the eye of the storm after fuel stocks at coal-fuelled power plants depleted in October. Fuel stocks since are being replenished. . ...Read More

• Coal firms see share prices surge Monday, after government readjusts contract prices

  06 Dec 2021

  Share prices of China's coal enterprises jumped on Monday on the A-share market following a nationwide adjustment to annual thermal coal prices beginning next year for medium and long-term contracts. . ...Read More

• Second Of 7 Panamax Ships Carrying 66,000 Tons Of US Coal Arrives To Ukraine

  06 Dec 2021

  The second out of seven Panamax-class ships arrived to Ukraine on Sunday carrying 66,000 tons of coal brought from the United States, DTEK Energy, Ukrainian strategic holding company that owns coal and natural gas production companies, said. . ...Read More

• 1 miner missing, 1 hurt in coal mine accident in Poland

  06 Dec 2021

  Coal mining authorities said Sunday that one miner is missing and one has been rescued with injuries after an earth tremor and a cave-in at a mine in southern Poland. . ...Read More

• Coal India achieves 10% growth in coal offtake in Nov’21

  03 Dec 2021

  Coal India and its subsidiaries achieved coal production of 53.8 million tons in month of November 2021, recording a year-on-year growth of 4.1%. . ...Read More

• Putin orders overhaul of mine safety after coal blast that killed 51

  03 Dec 2021

  Russia's President Vladimir Putin has requested a detailed examination of the country's efforts to improve coal mining safety on Thursday after an explosion killed 51 people last week in a Siberian mine. Rescuers are still bringing bodies to the surface at the Listvyazhnaya mine in Siberia's Kemerovo coal-producing region. . ...Read More

• Coal Exports Fuel Australia’s Gaping Trade Surplus

  03 Dec 2021

  Australia’s bulging trade surpluses are holding up despite the bursting of a price bubble in iron ore — the nation’s largest export — as energy shortages helped send coal prices soaring and boosted the value of shipments of the fossil fuel. . ...Read More

• Glencore Boss Defends Coal Business After Activist Push to Exit

  03 Dec 2021

  Glencore Plc’s new chief executive officer defended the company’s sprawling coal business after it emerged this week that an activist investor was pushing for an exit from the dirtiest fuel. . ...Read More

• HUL ends coal use across its plants in sustainability push

  02 Dec 2021

  Hindustan Unilever Ltd (HUL), India’s biggest household goods maker, has eliminated the use of coal across its operations in India, replacing it with cleaner biomass and biodiesel, as part of a plan to cut carbon emissions. . ...Read More

• China met coal, coke futures jump as Omicron disrupts imports

  02 Dec 2021

  Chinese coking coal and coke futures gained more than 5% each on Wednesday, buoyed by supply concerns as coal imports from Mongolia were disrupted by the recent outbreak of the Omicron coronavirus variant. . ...Read More