Updated daily
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SUEK’s founder Melnichenko says with global price of $20, coal to be used forever
05 Jul 2024The founder of the Siberian Coal Energy Company (SUEK), Andrey Melnichenko, believes that coal energy has a future, and at a certain level of coal prices, such a future becomes ‘eternal’. He expressed this opinion in an interview with American journalist Tucker Carlson. . ...Read More
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Coal market disruptions spark rally in ASX mining stocks
05 Jul 2024COMPANY NEWS In the past week, disruptions at two significant coal mines have fuelled concerns about a shortage of supply just as demand for the commodity surges, triggering a rally in ASX-listed mining stocks. . ...Read More
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Canada Approves Glencore-Led Deal for Teck Coal Assets
05 Jul 2024As structured, Switzerland-based Glencore would acquire a 77% stake in Teck’s coal operations . ...Read More
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Philippines overtakes China and Indonesia to be most dependent on coal-generated power
04 Jul 2024Environment,Asia Economy,Alternative And Sustainable Energy . ...Read More
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NECIL looks to ramp up coal production in Assam
04 Jul 2024Assam Govt is collaborating with NECIL to boost coal production and address illegal mining. Chief Minister Himanta Biswa Sarma government want to increase coal production from the state. . ...Read More
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Coal Gasification Project: Eight Likely Bidders Attend BCGCL's First Pre-Bid Meeting
04 Jul 2024BCGCL is a joint venture of Coal India Ltd. and Bharat Heavy Electricals Ltd. where the former holds 51% stake. . ...Read More
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Feds announce $39M to help Alberta communities transition from coal-powered energy
04 Jul 2024The federal government says new investment will add opportunity to Alberta – along with 680 jobs. . ...Read More
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NLC India Posts Impressive Gains in Lignite and Coal Production
03 Jul 2024State-owned NLC India Ltd reported a significant increase in lignite and coal production for the first quarter of the fiscal year 2024-25. The company's lignite production rose by 22.12%, while coal production increased by 35.27%. Additionally, the firm saw a rise in gross power generation and market capitalization. . ...Read More
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Macro Intelligence: global coal decline expected by 2026
03 Jul 2024Global coal consumption faces a forecasted decline through 2026 as major economies shift towards cleaner energy sources, despite current high usage and recent price fluctuations. . ...Read More
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Coal ministry steps up efforts to ramp up production, targets operational mines
03 Jul 2024As reported on June 30, 2024, there are currently 54 captive and commercial coal mines in production. Of these, 32 are allocated to the power sector, 12 to the non-regulated sector, and 10 for the sale of coal. . ...Read More
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Fire blow for Anglo American’s coal sell-off strategy
03 Jul 2024CQ University Professor John Rolfe. The Grosvenor fire’s impact on Anglo American’s plans to offload its coal operations is likely to be a greater blow for the miner than the loss of earnings it entails, . ...Read More
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India records 14.49 per cent increase in coal production in June 2024
03 Jul 2024Coal dispatches for the month also reflected strong performance, totaling 85.76 MT, up by 10.15 per cent from 77.86 MT in the corresponding month last year. . ...Read More
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Adequate coal stock available, can meet 18.5 days' thermal power need: Govt
02 Jul 2024The coal stocks at domestic TPPs as on Saturday stood at 44.46 million tonnes (MT), which is sufficient to meet the requirements of 18.5 days as per present level of consumption . ...Read More
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Indonesia, Philippines seek to reduce coal dependency
02 Jul 2024Indonesia and the Philippines are leading the surge in coal dependency in Southeast Asia, with their reliance continuing to grow rapidly in 2023. . ...Read More
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CIL registers 8% growth in production
02 Jul 2024Kolkata: Coal India Limited raised its coal production to 189.3 million tonnes (MTs) in the first quarter ending June in FY 2025. This was 13.8 MTs more in volume terms compared to the corresponding quarter of FY-24, registering a growth of nearly 8%. . ...Read More