Coal news and updates

Updated daily

• China Coal Futures Plunge Again as Government Plans Price Curbs

  28 Oct 2021

  Coal futures in China extended a plunge as the nation’s government considers new limits on prices to help ease an energy crisis, along with a call on miners to lift output. . ...Read More

• Hamilton believes several idled mines will restart in the months ahead

  27 Oct 2021

  A British holding company has pulled the trigger on plans to restart operations at a Mingo County coal mine with a large amount of metallurgical coal reserves. . ...Read More

• Arch nets $89M amid ‘strong thermal coal markets’ in 3Q2021

  27 Oct 2021

  Arch Resources closed out its most recent quarter with $89.1 million in net income with thermal coal segments showing a significant improvement over the previous quarter, the company announced Tuesday. . ...Read More

• India capable of meeting its coal demands internally: Union secy

  27 Oct 2021

  Union coal secretary Anil Kumar Jain on Tuesday claimed that India’s coal-producing companies were capable of meeting the country's domestic coal requirment. . ...Read More

• OECD formally approves ban on unabated coal

  26 Oct 2021

  A landmark deal has been struck by Organisation for Economic Co-operation and Development (OECD) countries to formally ban export credit support for unabated coal-fired power plants, but campaigners are calling for the group to widen the scope of the restrictions. . ...Read More

• Australia’s oldest open cut coal mine to be transformed into major renewables hub

  26 Oct 2021

  Plans to repurpose the Muswellbrook coal mine in the New South Wales Upper Hunter region have grown from a pumped hydro project to a renewable energy precinct, potentially adding solar, battery storage and green hydrogen to the mix at the site of Australia’s oldest open-cut mine. . ...Read More

• China Plans New Limits on Coal Prices in Fix for Energy Crisis

  26 Oct 2021

  China is considering setting new limits on movements in coal prices that could help ease the nation’s energy crisis, though would threaten to curb profits in the sector. . ...Read More

• Australian net-zero deal: government plans to expand coal, gas use and exports

  26 Oct 2021

  Australian Prime Minister Scott Morrison’s pledge that net zero emissions will not lead to a decrease in the use or trade of coal and gas reveals that his government has no plans to change its role as a key blocker of global climate progress, Greenpeace Australia Pacific said. . ...Read More

• Railways increase coal rakes to 487/day to cover up deficit

  25 Oct 2021

  Amidst coal shortage at thermal power plants, the Indian Railways has ramped up the coal rakes carrying the dry fuel across the country from 435 rakes per day at the end of September to 487 rakes daily as of October 22. . ...Read More

• China to cut fossil fuel use to below 20% by 2060

  25 Oct 2021

  China is targeting a clean energy goal of reducing fossil fuel use to below 20% by 2060, according to an official plan published by state media. . ...Read More

• China's state planner urges coal firms to meet contractual obligations

  25 Oct 2021

  China's state planner on Monday said it has urged coal companies to strictly perform their contractual obligations as it continues to take measures to boost supplies and steady soaring prices. . ...Read More

• COVID-19 cases in Inner Mongolia affect ports, but coal imports from Mongolia set to jump

  22 Oct 2021

  New COVID-19 cases in North China’s Inner Mongolia Autonomous Region are likely to affect China’s coal imports from its increasingly significant coal supplier Mongolia due to disruptions at some major ports, according to sources on Wednesday, further raising concerns over coal supply in China as officials moved to address shortages and price hikes. . ...Read More

• Shanghai aluminum drops as falling coal prices ease supply worry

  22 Oct 2021

  Shanghai aluminum prices fell to their lowest in over a month on Friday as a drop in coal prices in China eased concerns of supply shortage in the metal. . ...Read More

• China coal prices dive 11% as Beijing plans to intervene to ease power crunch

  22 Oct 2021

  China's thermal coal futures slid 11% on Friday, extending losses since Tuesday when they toppled off record highs after Beijing signalled it would intervene to cool surging prices to help electricity producers out of a widespread power crunch. . ...Read More

• Aurizon to buy One Rail Australia for $1.75 billion to cut coal exposure

  22 Oct 2021

  Aurizon Holdings Ltd said on Friday it would buy One Rail Australia (ORA) for $1.75 billion as it looks to diversify from coal and add bulk capacity, though the outlay and worries about the impact on earnings sent shares 7% lower. . ...Read More