Coal news and updates

Updated daily

• Ten Million Tons of Coal Traded on Exchange in the First Half of 2024

  09 Jul 2024

  The online auction for coal is held weekly, with 2.9 million tons of coking coal, 6.5 million tons of semi-soft coking coal, and 1.4 million tons of thermal coal, a total of 10.8 million tons of coal traded for USD 1.25 billion, reported “Erdenes Tavantolgoi” JSC. . ...Read More

• India's coal import rises 5% to 52 MT in Apr-May

  08 Jul 2024

  The country's coal import was 49.62 MT in April and May in FY24, according to data compiled by mjunction services ltd — a B2B e-commerce platform from a joint venture between Tata Steel and SAIL. . ...Read More

• Anglo American prepares to launch $7b-plus sale of Queensland coal mines

  08 Jul 2024

  It’s been a little over a month since Anglo American chief executive Duncan Wanblad knocked back BHP’s $75 billion takeover offer for the London-listed miner. . ...Read More

• Taiwan’s imports of Russian coal rose 31% in last 12 months

  08 Jul 2024

  Taiwan relies heavily on coal for power generation. Prior to the Russian full-scale invasion of Ukraine, Taiwan’s energy provider, Taiwan Power Company (also known as Taipower), was a key buyer of Russian coal to meet Taiwan’s energy needs. . ...Read More

• India ‘Asks Utilities to Order $33bn in Gear to Lift Coal Output’

  05 Jul 2024

  Modi government has asked power companies to order $33 billion worth of equipment this year to ramp up more coal power for the rest of this decade . ...Read More

• SUEK’s founder Melnichenko says with global price of $20, coal to be used forever

  05 Jul 2024

  The 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

• Coal market disruptions spark rally in ASX mining stocks

  05 Jul 2024

  COMPANY 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

• Canada Approves Glencore-Led Deal for Teck Coal Assets

  05 Jul 2024

  As structured, Switzerland-based Glencore would acquire a 77% stake in Teck’s coal operations . ...Read More

• Philippines overtakes China and Indonesia to be most dependent on coal-generated power

  04 Jul 2024

  Environment,Asia Economy,Alternative And Sustainable Energy . ...Read More

• NECIL looks to ramp up coal production in Assam

  04 Jul 2024

  Assam 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

• Coal Gasification Project: Eight Likely Bidders Attend BCGCL's First Pre-Bid Meeting

  04 Jul 2024

  BCGCL is a joint venture of Coal India Ltd. and Bharat Heavy Electricals Ltd. where the former holds 51% stake. . ...Read More

• Feds announce $39M to help Alberta communities transition from coal-powered energy

  04 Jul 2024

  The federal government says new investment will add opportunity to Alberta – along with 680 jobs. . ...Read More

• NLC India Posts Impressive Gains in Lignite and Coal Production

  03 Jul 2024

  State-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

• Macro Intelligence: global coal decline expected by 2026

  03 Jul 2024

  Global 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

• Coal ministry steps up efforts to ramp up production, targets operational mines

  03 Jul 2024

  As 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