Updated daily
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Sinopec forecasts China's coal consumption to peak around 2025
28 Dec 2023(Reuters) - China Petrochemical Corp, or Sinopec, expects coal consumption to peak around 2025 at 4.37 billion metric tons, the state energy group said in an outlook released on Thursday. . ...Read More
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To eliminate coal imports by FY26: Joshi
21 Dec 2023The minister also emphasised that the government aims at reducing the import share of coal to 2% in the next financial year and finally reduce it to zero in the financial year 2025-26. (Image/Reuters) . ...Read More
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Rashmi Group: Rashmi Group forays into mining, secures three coal mines in West Bengal
21 Dec 2023Rashmi Group has recently forayed into mining by securing the first-ever private coal mining rights in West Bengal, . ...Read More
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Chinese Steelmakers Buy Record Amount of Mongolian Coal After Mine Closures
21 Dec 2023https://www.caixinglobal.com/2023-12-21/chinese-steelmakers-buy-record-amount-of-mongolian-coal-after-mine-closures-102148455.html . ...Read More
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China's coal imports from Indonesia, Australia rise in November
20 Dec 2023Dec 20 (Reuters) - China's coal imports last month from top supplier Indonesia rose 16% from October while those from Australia were up nearly 30% as utilities restocked for winter power generation. . ...Read More
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Commodities 2024: Massive renewables additions expected to put coal in back seat
20 Dec 2023The US is projected to add 40.6 GW of renewable capacity in 2024, with wind and solar surpassing coal-fired generation for the first time, as recently announced guidance on domestic manufacturing is expected to help strengthen the clean energy build out. . ...Read More
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India’s thermal coal imports from the US at over two-year high in November
20 Dec 2023According to the energy intelligence firm Kpler, India imported a total of 17.51 MT of thermal coal, lower than the 15-month high of 18.66 MT recorded in October 2023 . ...Read More
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Peabody to resume output at Australia coal mine next quarter
20 Dec 2023Peabody Energy Corp. plans to resume production next quarter at its North Goonyella mine in Australia, which has been closed since a 2018 fire. . ...Read More
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China Syndrome? U.S. reductions in coal use are offset by large increases in Asia
18 Dec 2023China’s demand increased 4.6% in 2022, which amounted to 200 million tons. India increased its consumption by 9%, or 97 million tons. . ...Read More
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NLC gets coal block at Latehar district in Jharkhand
18 Dec 2023The Union Coal Ministry has allocated a coal block in Latehar district of Jharkhand to NLC India Ltd. (NLCIL). . ...Read More
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Australia export revenue to tumble as iron ore, coal prices drop
18 Dec 2023Australia’s mining sector — which accounts for more than 13% of the country’s gross domestic product — was a beneficiary of the surge in commodities prices following Russia’s invasion of Ukraine, but that supply-shock-driven boom has now worn off. . ...Read More
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Global coal demand expected to decline by 2026: IEA report
18 Dec 2023While coal demand in the U.S. and EU is likely to fall by 20% each, it is expected to rise 8% in India and 5% in China by end of 2023 . ...Read More
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Coal industry registers 16-month high growth in October
06 Dec 2023The cumulative index till October rose by 13.1% from the corresponding period a year ago, the government said. . ...Read More
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NLC India begins biomass co-firing in Tamil Nadu plant
06 Dec 2023NTPL is a joint venture company of NLC India Ltd and TANGEDCO (Tamil Nadu Generation and Distribution Company). . ...Read More
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China's state planner issues draft rules for coal production reserve system
06 Dec 2023BEIJING (Reuters) - China will establish a coal production reserve system by 2027 to stabilise prices and ensure sufficient coal supply, according to draft rules issued by the state planner for public comment on Wednesday. . ...Read More