Coal news and updates

Updated daily

• Bowen Coking Coal raises $50m to back Burton growth

  06 Jun 2023

  Bowen Coking Coal is adding $50 million to its coffers and will use the cash to maintain momentum in its Burton complex ramp-up near Moranbah. . ...Read More

• Coal Use Set to Drop in Europe’s Power Mix as Weather Moderates

  06 Jun 2023

  • • Mediterranean to face cooler temperatures than usual in June . ...Read More

• Italy could abandon coal by 2024, environment minister says

  06 Jun 2023

  Italian Environment and Energy Security Minister Gilberto Pichetto Fratin walks, on the day of the first new cabinet meeting at Chigi Palace, in Rome, Italy October 23, 2022. REUTERS/Remo Casilli/File Photo . ...Read More

• India's thermal power plants utilise 35 MT imported coal, meeting high demand

  06 Jun 2023

  Despite the government mandating thermal power plants to blend imported coal up to 6 percent, only 3 percent has been achieved on an average so far. Yet, the India managed to save at least 46 MT of domestic coal with the import mandate. . ...Read More

• SAIL eyes long-term coking coal contracts with Australia, Russia, US and Canada

  05 Jun 2023

  SAIL will also look to make operational one of its own coking coal mines at Tasra in Jharkhand, . ...Read More

• 2nd unit of Payra power plant to shut down over coal shortage

  05 Jun 2023

  The second unit of the Payra 1,320 MW Thermal Power Plant Project is going to shut down by Monday (5 June) due to persisting coal shortage. . ...Read More

• China launches Asia’s largest carbon capture project for coal-fired power sector

  05 Jun 2023

  Nanjing, June 2: China Energy Investment Corporation (China Energy) on Friday announced that it has put Asia’s largest carbon capture, utilization and storage facility for the coal-fired power generation sector into operation in east China’s Jiangsu Province. . ...Read More

• Solar beats coal in Europe for first time — but there’s a glitch

  05 Jun 2023

  The European Union’s transition to clean energy marked a milestone in May, when solar panels generated more electricity than all of the bloc’s coal plants for the first time — and that’s before summer sun boosts production even further. . ...Read More

• Barrett Steel Acquires the Majority of Aartee Bright Bar

  01 Jun 2023

  DWF’s restructuring team advised long-standing client Barrett Steel Limited on a distressed deal involving complex structural issues surrounding the failure of the West Midlands based Aartee Bright Bar steel business, which was placed into administration in February 2023 by its lender, FGI Worldwide. . ...Read More

• Heat wave, coal shortages force electricity blackouts in Bangladesh

  01 Jun 2023

  The Payra thermal plant, seen in this file photo, produces electricity in the Patuakhali district in Bangladesh. . ...Read More

• China’s Swoop on Cheap Global Coal Set to Drive Record Imports

  01 Jun 2023

  • Suppliers slash their prices as fuel demand fades elsewhere . ...Read More

• Philippines' top coal producer set to make second shipment to Japan

  01 Jun 2023

  MANILA (Reuters) - Top Philippine coal producer Semirara Mining and Power Corp. said on Thursday it will ship 50,000 tonnes of coal to Japan's Shikoku Electric Power Co Inc., as it diversifies its export markets and cuts reliance on China. . ...Read More

• Europe’s Coal Exports Surge After Buying Spree Turns Into Glut

  01 Jun 2023

  • Glut after mild winter has caused prices to tumble in Europe . ...Read More

• Emirates Steel Arkan, DNV to drive decarbonisation in steel, building materials industry

  31 May 2023

  The two entities have signed a Decarbonization Strategic Collaboration Agreement as part of a five-year collaboration . ...Read More

• Europe’s Unwanted Coal Heads to China and India as Heat Builds

  31 May 2023

  • Shipowner Berge forecasts more Colombian shipments to Asia . ...Read More