Updated daily
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China’s growing petcoke imports offer boost for smaller bulkers, says Braemar
22 Aug 2023UK shipbroker says China’s imports have almost doubled over the past three years . ...Read More
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AGL to continue running 2.2GW Victorian coal plant till 2035
22 Aug 2023The agreement with the state of Victoria is expected to enhance power supply reliability until the plant's planned closure. . ...Read More
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Thungela pushes ahead with acquisition plans even as coal prices fall
22 Aug 2023Thungela Resources CEO July Ndlovu speaks to Reuters during the Investing in African Mining Indaba 2023 conference in Cape Town, South Africa, February 6, 2023. REUTERS/Shelley Christians/File Photo Acquire Licensing Rights . ...Read More
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Power Sector: Outstanding dues of coal miners decline 4% M-o-M in July
21 Aug 2023Dues payable by thermal power plants (TPPs) to CIL fell by 2 per cent . ...Read More
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No fresh imports by Coal India for State Gencos and pvt power producers
21 Aug 2023Last year, Coal India had floated two international competitive bidding e-tenders of 3 million tonnes each, to import coal . ...Read More
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SECRETIVE HEDGE FUND OPPOSES WHITEHAVEN COAL ACQUISITION OF BHP MINES
21 Aug 2023A London-based hedge fund called Bell Rock Capital Management has emerged as the investor pushing to prevent Whitehaven Coal from acquiring two major mines currently owned by BHP . ...Read More
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CHINA’S IMPORTS OF AUSTRALIAN COAL RISE IN JULY DESPITE DECLINING TOTAL COAL ARRIVALS
21 Aug 2023In July, China witnessed an increase in imports of Australian coal, even though the overall coal arrivals declined. China imported 6.31 million metric tons of Australian coal last month, . ...Read More
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Diversification: CIL and its subsidiaries to use de-coaled land to build new thermal power plants
18 Aug 2023Given the country’s growing shift to renewable energy, the coal ministry has decided to foray into thermal power plants, and not just mine coal. . ...Read More
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China falls back on coal to meet summer peak demand
18 Aug 2023Experts say grid upgrades and demand-side management are needed to meet loads made greater by A/C during extremely hot summer . ...Read More
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JSW eyes stake in Canadian co Teck's coal biz
18 Aug 2023JSW Steel is looking to form a consortium to bid for a majority stake in Teck Resources's steelmaking coal business, people with knowledge of the matter said, potentially rivalling an $8-billion offer from commodities giant Glencore. . ...Read More
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NTPC inks pact to hive off mining biz to its subsidiary
18 Aug 2023On July 29, 2023, the company informed the bourses about the approval of the Board of Directors of NTPC Ltd for hiving off its coal mining business, consisting of 6 coal mines, to its wholly-owned subsidiary NTPC Mining Ltd through a Business Transfer Agreement. . ...Read More
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India's domestic coal-based power plants use more imported coal than imported coal-based plants
17 Aug 2023The reverse trend, where domestic coal based power plants are using more imported coal than ICB plants, is due to a government policy aimed at ensuring continuous electricity generation to meet the rising demand. . ...Read More
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Indonesia delays $20bn green plan, after split with rich nations on grants and new coal plants
17 Aug 2023The launch of the Jetp investment plan has been hampered by disagreements over funding and technical challenges . ...Read More
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Disaster Declaration Issued for Area to Mitigate Underground Coal Mine Fire
17 Aug 2023August 16, 2023 - A disaster declaration has been declared for an area in Boulder County to mitigate an underground coal mine fire. . ...Read More
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China's July daily coal output falls to 9-month low
16 Aug 2023SINGAPORE, Aug 15 (Reuters) - China's average daily coal production fell in July to the lowest since October, as ongoing safety inspections at mines put a lid on production, while high inventory and declining domestic prices also discouraged mining operations. . ...Read More