Coal news and updates

Updated daily

• Coal production increases by 6.69% to 74.07 mn tonnes in July: Govt

  02 Aug 2024

  Cumulative coal dispatch witnessed a significant boost in July 2024, touching 79.54 MT, compared to 76.05 MT recorded in July 2023 . ...Read More

• Mongolian and Russian coal exports via rail to China reduces Capesize tonne-mile demand

  02 Aug 2024

  The capesize shipping industry is undergoing significant changes due to the rise of rail transport and increased Russian coal imports, . ...Read More

• India issued vesting orders for 10 coal mines

  02 Aug 2024

  These are projected to generate $19.96m annually. . ...Read More

• Vietnam poised to become world’s fifth-largest coal importer by 2024: IEA

  01 Aug 2024

  Vietnam is expected to become the fifth-largest coal importer globally by 2024, driven strong electricity demand and a shortage of hydropower. . ...Read More

• Cokal Partners with Petrosea for Coal Production Boost

  01 Aug 2024

  Cokal Limited has entered into a strategic partnership with PT Petrosea Tbk, a significant player in the Indonesian mining sector, . ...Read More

• Vanguard Group Acquires Stake in Whitehaven Coal

  01 Aug 2024

  Vanguard Group has become a substantial shareholder in Whitehaven Coal Limited, acquiring a 5.023% voting power through 42,018,870 ordinary shares. The group, known for managing various mutual funds and accounts, gained this position on July 26, 2024, . ...Read More

• Coal India sees 4.2% rise in net profit

  01 Aug 2024

  Kolkata: Coal India has reported a 4.2% year-on-year increase in its consolidated net profit from Rs 10,498.4 crore in the first quarter of last fiscal to Rs 10,943.5 crore for this year. The company’s revenue from operations grew 1.3% y-o-y at Rs 36,464.6 crore for the first quarter, . ...Read More

• Govt amends policy to allow coal PSUs to lease land to commercial coal miners

  31 Jul 2024

  The Ministry of Coal has amended policy guidelines for coal PSUs to allow them to lease parcels of land and grant mining rights to commercial coal miners . ...Read More

• Glencore To Announce Decision on Potential Coal Demerger Next Week

  31 Jul 2024

  Glencore expects to announce next week its decision on whether it would spin off its coal and carbon steel materials business, the mining and commodity trading giant said on Tuesday. . ...Read More

• Jameson Resources Advances Coal Development`

  31 Jul 2024

  Jameson Resources Limited, an ASX-listed company focused on steelmaking coal development, has announced significant progress on its flagship Crown Mountain Hard Coking Coal Project. The company boasts a strong market capitalisation of A$29.3M with top shareholders holding 82.7% and is dedicated to sustainable growth and ESG leadership. With a seasoned management team, . ...Read More

• India Targets 15 Million Tonnes Coal Export To Neighbouring Countries

  31 Jul 2024

  (MENAFN- KNN India) New Delhi, Jul 30 (KNN) In a landmark shift for India's energy sector, the country is gearing up to export an estimated 15 million tonnes (MT) of coal to neighbouring nations, according to a recent study by the Indian Institute of Management (IIM) Ahmedabad. . ...Read More

• China endorses switch to local coal for three major Pakistani power plants

  29 Jul 2024

  China has given the green light for converting three major coal-fired power plants in Pakistan to use locally sourced coal instead of imported fuel, a move poised to cut down on energy costs. . ...Read More

• The coal shoulder: India consumption surpasses Europe, North America

  29 Jul 2024

  Global coal consumption in 2026 is poised to be 2.3% lower than in 2023, although India now surpasses North America and Europe combined in a ‘coal shoulder’ rebuke of the global transition to net zero. . ...Read More

• South32 eyes post-coal future

  29 Jul 2024

  All conditions have been satisfied in South32’s sale of Illawarra Metallurgical Coal, meaning M Resources and Golden Energy and Resources will soon become the official owners of the operation. . ...Read More

• Bowen Coking Coal Hits Record Production

  29 Jul 2024

  Bowen Coking Coal Ltd has reported a record-breaking quarter ending June 2024, with a 33% increase in run-of-mine coal production compared to the prior year, . ...Read More