Coal news and updates

Updated daily

• HSBC, StanChart eye coal transition credits

  04 Mar 2024

  HSBC (0005) and Standard Chartered (2888) are working on a new kind of financial instrument that's designed to monetize the shift away from high-carbon assets. . ...Read More

• India saves Rs 82k crore forex outgo on coal imports PiPa News

  04 Mar 2024

  India saves Rs 82k crore forex outgo on coal imports . ...Read More

• Key infra sectors' growth slows to 15-month low of 3.6% in January

  01 Mar 2024

  The output growth of refinery products and fertiliser was in the negative zone. And the pace of increase in the output of coal, steel, and electricity decelerated during the month under review. . ...Read More

• Russia to reintroduce linked coal export duties from March 1

  01 Mar 2024

  MOSCOW, Feb 29 (Reuters) -The Russian government will reintroduce flexible export duties for coal exports linked to the rouble exchange rate from March 1, the government said on Thursday. . ...Read More

• Vedanta, Coal India, Ola Electric bid for critical mineral blocks

  01 Mar 2024

  The tender documents for these blocks were made available for purchase until 13 February . ...Read More

• Drop in share of imported coal in consumption saves Rs 82 k crore forex outgo

  01 Mar 2024

  NEW DELHI: The share of imported coal in overall consumption in the country has come down to 19.3% in the April-December period of the financial year ending March 31 from 21% in the previous corresponding period, . ...Read More

• Pralhad Joshi to launch Coal Logistics Plan & Policy on 29 February

  29 Feb 2024

  "Union coal and mines, and parliamentary affairs minister Pralhad Joshi will grace the occasion as the chief guest and unveil the Coal Logistics Plan & Policy," it added. . ...Read More

• NTPC achieves 100 MT coal production milestone in captive mines

  29 Feb 2024

  It was announced by the state-owned NTPC that the milestone of crossing the 100 million tonne (MT) coal production mark from its captive mines had been achieved. . ...Read More

• Coal India, BHEL join hands to set up ammonium nitrate plant based on coal gasification technology

  29 Feb 2024

  https://assamtribune.com/business/coal-india-bhel-join-hands-to-set-up-ammonium-nitrate-plant-based-on-coal-gasification-technology-1522992 . ...Read More

• South32 Illawarra Metallurgical Coal mines to be sold off in deal that needs BlueScope approval

  29 Feb 2024

  Miner South32 has signalled a further transition to a low-carbon business announcing plans to sell Illawarra Metallurgical Coal (IMC), a company running the Appin and Dendrobium coal mines in Wollongong and a stake in the Port Kembla Coal Terminal. . ...Read More

• Coal exports from Ports of Indiana were up 78% in 2023

  28 Feb 2024

  Ports of Indiana shipped 12.6 million tons of cargo in 2023, the second-highest tonnage in its 63-year history. This is a 6% increase over 2022 and second only to 2018 . ...Read More

• South Africa says climate targets on track if coal switch not delayed again

  28 Feb 2024

  JOHANNESBURG, Feb 27 (Reuters) – South Africa’s delay in taking coal-fired power stations offline will only harm its commitment to net-zero emissions by 2050 if the plants continue to burn well into the 2030s, the head of its donor-funded green energy plan said on Tuesday. . ...Read More

• India's coal imports for power plants fall by 37% as self-reliance grows

  28 Feb 2024

  India’s coal-based power generation grew by a double-digit -- 10.06 per cent -- from April 2023 to January 2024 compared to the same period of the . ...Read More

• Consunji-led Semirara Mining faces profit dip despite record coal shipments, sales

  28 Feb 2024

  Semirara Mining and Power Corporation (SMPC), controlled by the Consunji family, saw its profit fall by 30% to P27.9 billion but it still marks the second highest in the company’s history. . ...Read More

• US Coal Miners Prioritize Metallurgical Coal Projects Amid High Demand and Favorable Prices

  23 Feb 2024

  Metallurgical coal, also known as met and coking coal, is a naturally occurring sedimentary rock found within the earth's crust. Met coal encompasses a wide range of quality grades including hard coking coal, semi-hard coking-coal, semi-soft coking coal and pulverized coal for injection (PCI) . ...Read More