Coal news and updates

Updated daily

• Global thermal, coking coal prices may weaken on Chinese factors

  19 Nov 2021

  Pace of decline in rates likely to be slow, say analysts Thermal and coking coal prices are set to weaken in the coming months, though they are expected to rule higher than normal since the pace of the fall in rates will be slow. . ...Read More

• COP26’s compromise on coal is still a victory, US climate official says

  19 Nov 2021

  A top US climate official on Thursday played down the weakening of commitments to reduce coal usage at the recent COP26 conference, stressing that the fossil fuel’s inclusion in the summit’s resulting document was a victory in itself. . ...Read More

• Coal, Controls and Queues: China’s Freight Market Drivers

  19 Nov 2021

  SSY Research look at three ways in which China can shape the dry bulk freight market in the coming months: . ...Read More

• China Pledges $31 Billion of Credit to Back Clean Use of Coal

  19 Nov 2021

  China will establish a special relending facility of 200 billion yuan ($31.35 billion) to support the clean use of coal, the country’s cabinet said Wednesday. . ...Read More

• Russia, China discussing joint tapping of coal deposits — Deputy PM

  18 Nov 2021

  Russia targets further increase of coal supplies to China and the parties are also considering an opportunity of joint development of coal reserves in Russia, including the Zashulanskoe coal deposit in the Trans-Baikal Region, Deputy Prime Minister Alexander Novak said after the meeting of the Russia-China intergovernmental commission for energy cooperation. . ...Read More

• Coal India claims big cut in carbon emission

  18 Nov 2021

  Coal India (CIL) has claimed that its efforts to minimise carbon emissions and environmental pollution through implementation of mechanised coal transportation and loading through coal handling plants (CHP)/Silos resulted in significant reduction of carbon-di-oxide emissions and other air pollutants. . ...Read More

• China to launch $31.4 billion reloans for clean use of coal

  18 Nov 2021

  China will put in place targeted reloans to support the clean and efficient use of coal as part of the nation's low-carbon development path, a State Council executive meeting chaired by Premier Li Keqiang decided on Wednesday. . ...Read More

• There’s Two Decades More Demand for Coal in Asia, Exporter Says

  18 Nov 2021

  Demand for coal will remain strong for at least two more decades even as nations take action to decarbonize, according to New Hope Corp., a major Australian exporter. . ...Read More

• Traders left on the hook for expensive coal after China squashes prices

  17 Nov 2021

  Chinese coal traders are selling cargoes at losses or trying to delay imports after Beijing’s market interventions triggered a 50% price drop that saddled them with unprofitable supplies, according to several market participants. . ...Read More

• U.S. Coal Prices Soar To 12-Year High

  17 Nov 2021

  If this keeps up, you may want coal in your stocking this Christmas. That’s because the price of coal is the highest it has been since 2009, according to data from S&P Global released on Monday. . ...Read More

• Rising coal costs to send cement prices skywards

  17 Nov 2021

  CEMENT is likely to become dearer with manufacturers all set to increase the prices from December to offset the rising input cost of coal, particularly the imported variety, which is used as a heating agent. . ...Read More

• Net-zero pledges, improved metrics to put pressure on coal power, say investors

  17 Nov 2021

  Ambitions to wind down the world's coal use are likely to be accelerated by corporate net-zero pledges and better ways of measuring where factories in the global supply chain get their power, investors said. . ...Read More

• Russian energy minister says no talks between Russia and Ukraine on coal supplies

  16 Nov 2021

  Russia and Ukraine are not holding talks at the moment about an increased volume of Russian coal supplies and the Russian Energy Ministry has not received any official request as of today regarding this issue, Energy Minister Nikolai Shulginov told TASS. . ...Read More

• China ensures coal supply for power generation, residential heating

  16 Nov 2021

  China's top economic planner said on Tuesday that relevant government departments will implement measures to fully ensure the supply of natural gas and coal for residential areas throughout the winter season. . ...Read More

• XCoal CEO sees coal in the energy mix for two to three decades

  16 Nov 2021

  Coal will remain in the energy mix for coming decades even as the world looks to decarbonise, the chief executive of U.S. based coal exporter XCoal Energy & Resources said on Tuesday. . ...Read More