APMDC Suliyari coal upcoming auction 50,000 MT for MP MSME on 4th Feb 2025 @ SBP INR 2516/- per MT
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US EIA says coal generation share to shrink to an all-time low in 2024
07 Aug 2024Inventories are expected to drop 30% by end of 2025 . ...Read More
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Coal trade reshaped by Asian demand
07 Aug 2024Vietnam set to surpass Chinese Taipai in global import rankings . ...Read More
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India turns to coal amid rising electricity demand
07 Aug 2024India is increasing its coal usage to meet soaring electricity demands, despite its efforts to expand renewable energy. . ...Read More
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Coal India signs pacts with global firms for potential investment in critical minerals projects
06 Aug 2024Coal India Ltd signed non-disclosure agreements with international companies to explore investments in critical mineral projects, including lithium extraction in Chile. KABIL, a joint venture of three PSUs, also signed an agreement for joint due diligence and investment in lithium and cobalt mining in Australia, . ...Read More
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Govt plans 100 new mines to raise coal output by 500mn tonnes a year by 2029-30
06 Aug 2024The Ministry of Coal plans to open 100 new mines with a coal production capacity of 500 million tonnes per annum (MTPA) by FY 2029-30, Union Minister of Coal and Mines G. Kishan Reddy told the Rajya Sabha on Monday. . ...Read More
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Coal India, GAIL enter into JV for natural gas project
06 Aug 2024Kolkata: Coal India Ltd (CIL) and GAIL (India) Ltd (GAIL) signed a joint venture agreement on Monday to start a coal to synthetic natural gas plant. . ...Read More
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Flight operations resume in Andal; coal production to return to normalcy
06 Aug 2024Flight operations have resumed after three days from Kazi Nazrul Islam Airport in Andal from today, and coal production from open-cast coal mines has also resumed from today as rainfall stops . ...Read More
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Strong volume growth, lower costs positive for Coal India's outlook
02 Aug 2024While operating profit margins are likely to normalise over the next two fiscals, the net profit estimates are being upgraded by analysts on the basis of higher OBR reversals . ...Read More
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Coal production increases by 6.69% to 74.07 mn tonnes in July: Govt
02 Aug 2024Cumulative coal dispatch witnessed a significant boost in July 2024, touching 79.54 MT, compared to 76.05 MT recorded in July 2023 . ...Read More
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Mongolian and Russian coal exports via rail to China reduces Capesize tonne-mile demand
02 Aug 2024The capesize shipping industry is undergoing significant changes due to the rise of rail transport and increased Russian coal imports, . ...Read More
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India issued vesting orders for 10 coal mines
02 Aug 2024These are projected to generate $19.96m annually. . ...Read More
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Vietnam poised to become world’s fifth-largest coal importer by 2024: IEA
01 Aug 2024Vietnam is expected to become the fifth-largest coal importer globally by 2024, driven strong electricity demand and a shortage of hydropower. . ...Read More
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Cokal Partners with Petrosea for Coal Production Boost
01 Aug 2024Cokal Limited has entered into a strategic partnership with PT Petrosea Tbk, a significant player in the Indonesian mining sector, . ...Read More
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Vanguard Group Acquires Stake in Whitehaven Coal
01 Aug 2024Vanguard 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
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Coal India sees 4.2% rise in net profit
01 Aug 2024Kolkata: 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