Coal news and updates

Updated daily

• Russell Vale mine to close following safety concerns

  06 Feb 2024

  Mine owner Wollongong Resources intends to honour employee entitlements and other financial commitments. . ...Read More

• Optimum Coal to exit business rescue after six agonising years

  06 Feb 2024

  The mine will be operated by Liberty Coal, controlled by former Gupta associate Daniel McGowan. . ...Read More

• FLASH: India's coal imports through state ports up 1% MoM in Jan

  06 Feb 2024

  India's coal imports through its 12 major state-run ports rose 1% on month and 7.7% on year to reach 16.82 million tonnes in January 2024, according to the data released by Indian Ports Association (IPA) on February 5.Specifically, . ...Read More

• Mitsubishi books 27% fall in 9-mth profit on lower coking coal prices

  06 Feb 2024

  TOKYO, Feb 5 (Reuters) -Japanese trading house Mitsubishi Corp 8058.T on Tuesday reported a 27% drop in April-December net profit due to lower prices for coking coal and smaller gains from its real estate business. . ...Read More

• India’s Carbon Capture Policy Aims to Cut Emissions from Coal Plants

  05 Feb 2024

  India, the world’s third-largest emitter of greenhouse gases, is planning to launch a carbon capture policy that will allow it to reduce its emissions while still using its abundant coal resources. . ...Read More

• Eskom faces shortfall of up to 700 million tons of coal in the future

  05 Feb 2024

  A worker supervises as a truck delivers coal supplies to the coal yard at the Grootvlei power station, operated by Eskom, in Grootvlei, South Africa in this file photo. . ...Read More

• Coal India to step up production in bid to meet target for 2023-24: Chairman P.M. Prasad

  05 Feb 2024

  Coal India chairman P.M. Prasad outlines the strategy for production, the immediate headwinds, long-term plans to increase availability of coking coal, the need for expanding washeries and plans to utilise a combination of rail and sea routes for transportation . ...Read More

• Growth in Australian open-cut coalmining raises urgency of methane abatement

  05 Feb 2024

  More needs to be done to incentivise methane abatement projects for open-cuts, to ensure that the runaway growth of large open-pit mines in Australia does not put emissions reduction targets beyond reach. . ...Read More

• Iron Ore And Coal Miners Riding High On China’s Economic Stimulus

  02 Feb 2024

  The price of steel in Asia is at risk of a steep increase thanks to unexpected strength in the price of iron ore and an upward surge in the cost of coking coal which remains an essential commodity for most steel makers. . ...Read More

• Coal India's January triumph: Record 67.55 MT offtake, 54.94 MT dispatch to power sector

  02 Feb 2024

  https://energy.economictimes.indiatimes.com/news/coal/coal-indias-january-triumph-record-67-55-mt-offtake-54-94-mt-dispatch-to-power-sector/107339941 . ...Read More

• SA coal miners juggle price and cost of transport

  02 Feb 2024

  Domestic demand, driven mostly by Eskom, seen improving but shipments remain under strain as Transnet struggles to get back on track . ...Read More

• China’s wind and solar power generation capacity to surpass coal in 2024

  02 Feb 2024

  China’s installed capacity for wind and solar energy will exceed that of coal for the first time by the end of this year, according to an estimate made by the country’s power trade association, as the country remains on track towards sourcing 80 per cent of its energy needs from non-fossil fuel sources by 2060, when it plans to be carbon-neutral. . ...Read More

• Whitehaven reaches safety milestone at Gunnedah

  30 Jan 2024

  Whitehaven Coal has celebrated 4000 lost time incident (LTI) free days at its Gunnedah coal handling and preparation plant (CHPP). . ...Read More

• Boggabri coal mine extension approved by state government

  30 Jan 2024

  Boggabri Coal will be able to extend its mine life by three years until December 2036 after the NSW government granted conditional approval to the project last week. . ...Read More

• Albo’s new energy shock explodes

  30 Jan 2024

  The global energy crash continues apace, with thermal coal (blue) at its weakest price since the Ukraine War, chasing LNG (black) lower: . ...Read More