Coal news and updates

Updated daily

• No fresh imports by Coal India for State Gencos and pvt power producers

  21 Aug 2023

  Last year, Coal India had floated two international competitive bidding e-tenders of 3 million tonnes each, to import coal . ...Read More

• SECRETIVE HEDGE FUND OPPOSES WHITEHAVEN COAL ACQUISITION OF BHP MINES

  21 Aug 2023

  A 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

• CHINA’S IMPORTS OF AUSTRALIAN COAL RISE IN JULY DESPITE DECLINING TOTAL COAL ARRIVALS

  21 Aug 2023

  In 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

• Diversification: CIL and its subsidiaries to use de-coaled land to build new thermal power plants

  18 Aug 2023

  Given 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

• China falls back on coal to meet summer peak demand

  18 Aug 2023

  Experts say grid upgrades and demand-side management are needed to meet loads made greater by A/C during extremely hot summer . ...Read More

• JSW eyes stake in Canadian co Teck's coal biz

  18 Aug 2023

  JSW 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

• NTPC inks pact to hive off mining biz to its subsidiary

  18 Aug 2023

  On 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

• India's domestic coal-based power plants use more imported coal than imported coal-based plants

  17 Aug 2023

  The 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

• Indonesia delays $20bn green plan, after split with rich nations on grants and new coal plants

  17 Aug 2023

  The launch of the Jetp investment plan has been hampered by disagreements over funding and technical challenges . ...Read More

• Disaster Declaration Issued for Area to Mitigate Underground Coal Mine Fire

  17 Aug 2023

  August 16, 2023 - A disaster declaration has been declared for an area in Boulder County to mitigate an underground coal mine fire. . ...Read More

• China's July daily coal output falls to 9-month low

  16 Aug 2023

  SINGAPORE, 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

• NTPC Sets Ambitious Targets for Capacity Addition and Coal Production

  16 Aug 2023

  State-run power utility NTPC Limited has set a target of adding 5 gigawatts (GW) of power generation capacity in the current fiscal year. Chairman and Managing Director (CMD) Gurdeep Singh announced the goal during the annual report for the year 2022-23. NTPC aims to achieve this target by commissioning new projects that are already in advanced stages of completion. . ...Read More

• China Shenhua’s Coal Sales Volume Sees 13.4% Increase in July

  16 Aug 2023

  China Shenhua Energy Co H, an integrated coal-based energy company in China, reported a 13.4% increase in coal sales volume for the month of July. The total coal sales volume reached 38.0 million tons. The company received 13 buy ratings, 6 hold ratings, and 0 sell ratings. . ...Read More

• Indonesian facility shows cutting coal is a hard sell for banks

  16 Aug 2023

  A midsized, 11-year-old coal power station in West Java is an unlikely bellwether for global climate finance. . ...Read More

• Mongolia harnesses surging mining exports

  14 Aug 2023

  As the world’s largest landlocked country, Mongolia relies on China for roughly 80 per cent of its exports, 60 per cent of its imports and 40 per cent of its GDP. . ...Read More