Coal news and updates

Updated daily

• Thermal Coal Prices Expected to Remain Weak in 2024

  27 Nov 2023

  Thermal coal prices are expected to continue their decline for the remainder of 2023 and into 2024 due to oversupply in the Chinese market. The surge in domestic production and increased imports have led to an abundance of coal, resulting in lower prices. Australian coal prices experienced an 8% decrease in the third quarter of 2023 and a 31% drop in the second half of the year. South African coal prices followed a similar trend. . ...Read More

• Climate protest: More than 100 arrested at world's largest coal port

  27 Nov 2023

  A two-day blockade of the world's largest coal port has triggered 109 arrests. . ...Read More

• Only seven out of 14 projects profitable: CCL

  27 Nov 2023

  Ranchi: B Veera Reddy, the chairman cum managing director of the Central Coalfields Limited (CCL), on Saturday said the Ranchi-based central PSU will be gunning for increasing its underground coal mining production in the next five years in a bid to align with Coal India Limited’s environment sustainability goals. “Only seven out of 14 coal projectsare profit making. . ...Read More

• Coal price cap ‘must be revoked’ for energy transition

  27 Nov 2023

  Under current conditions, coal-fired generation typically is far cheaper and is therefore the state-owned electricity company's preferred power source. . ...Read More

• World Coal Association transforms into FutureCoal; to create a sustainable roadmap

  21 Nov 2023

  FutureCoal Founding Director and Vice Chairman Stepan Solzhenitsyn emphasised that this metamorphosis signifies a crucial juncture for the industry at large . ...Read More

• Tangedco gets centre’s nod to import 5 lakh tonnes of coal from Indonesia

  21 Nov 2023

  As per the Fuel Supply Agreement, we will receive 60,000 tonnes of coal. But, with a surge in coal demand nationwide, Tangedco finds itself receiving only 40,000 tonnes from Odisha. . ...Read More

• Intelligent coal mines contribute to improving safety standards

  21 Nov 2023

  View of a coal site operated by CHN Energy Investment Group in Cangzhou, Hebei province, in July. [FU XINCHUN/FOR CHINA DAILY] . ...Read More

• Glencore Adds Teck’s Mines To Its Global Coal Business

  21 Nov 2023

  Unintended but not unexpected is one way of describing what’s happening to the price of steel-making coal as governments suppress supply in the face of steady demand growth, a perfect recipe for a higher price. . ...Read More

• World Coal Association rebrands to FutureCoal

  20 Nov 2023

  After 38 years of existence, with a goal to educate and popularise coal and emission abatement, World Coal Association (WCA) has ceased and ushered in a new era under the transformative branding: FutureCoal – The Global Alliance for Sustainable Coal, according to a company release. . ...Read More

• AES in talks to sell major coal-fired power plant in Vietnam: sources

  20 Nov 2023

  The plant's second-largest shareholder, South Korea's energy firm Posco International, told Reuters it was also considering selling its 30 per cent stake, but did not elaborate further. . ...Read More

• EXCLUSIVE-EBRD backs 3 bln euro plan to wean North Macedonia off coal power

  20 Nov 2023

  Both of its coal-fired plants are ageing, outdated and run on lignite, the most polluting type of coal. A spokesperson for the World Bank's Climate Investment Funds (CIF) confirmed that North Macedonia was in the running for up to $85 million in concessional finance from it, . ...Read More

• Demand for coal increases during second half to 424 MT

  20 Nov 2023

  Coal requirement for power generation in the second half of this financial year has increased to 424 million tonnes compared with 404 million tonnes projected earlier amid higher demand, . ...Read More

• China's energy output maintains steady growth

  20 Nov 2023

  China's production of coal, crude oil and natural gas maintained steady expansion in the first 10 months of the year, official data showed. . ...Read More

• Central Vigilance Commissioner Visits Coal India

  07 Nov 2023

  Kolkata, November 4, 2023: Coal India Limited, a Maharatna Company, has observed Vigilance Awareness Week (VAW) 2023 with a list of activities conducted from October 30 onwards. The VAW concludes on November 5, 2023. . ...Read More

• Ramaco Resources Acquires Commercial Development Rights for Revolutionary Coal-to-Products Process

  02 Nov 2023

  SHERIDAN, Wyo.--(BUSINESS WIRE)--Following years of collaborative work, Ramaco Resources Inc. formally acquired a patent from the U.S. Department of Energy’s leading research institution, . ...Read More