Coal news and updates

Updated daily

• Surplus Coal Heading for Chinese Market

  08 Jun 2023

  The oversupply of coal globally and continued subdued demand have pushed sellers and traders from exporting nations to bank on China, the world's largest consumer, to absorb excessive volumes. . ...Read More

• US thermal coal exports decline 34.2% on month in April: Census

  08 Jun 2023

  April saw US thermal coal exports sink to a three-month low amid high European stockpiles and low demand from Asia markets. . ...Read More

• It’s Terribly Hot in China, But Coal Prices Still Have Room to Fall

  08 Jun 2023

  Despite scorching heat boosting power demand as fans and air conditioners get switched on, Chinese coal hasn’t been this cheap in over two years — and it could get even cheaper. . ...Read More

• World sees China as potential coal destination amid oversupply, fragile demand

  07 Jun 2023

  The oversupply of coal globally and continued subdued demand have pushed sellers and traders from exporting nations to bank on China, the world's largest consumer, to absorb excessive volumes, an analysis by S&P Global Commodity Insights showed. . ...Read More

• India will not face any shortage of coal in 2023, says Coal minister Pralhad Joshi

  07 Jun 2023

  India will not face any shortage of coal this year even during the monsoon, Coal and Mines Minister Pralhad Joshi said on Tuesday. No matter what is the demand this year, the government is prepared to meet the same, the minister said at a conference on underground coal mining here. . ...Read More

• Starmer vows to avoid mistakes of coal mine closures in shift to green energy

  07 Jun 2023

  Sir Keir Starmer vowed not to repeat the mistakes made when coal mines closed when challenged over plans to ban new oil and gas extraction licences in the North Sea. . ...Read More

• Teck receives several proposals for coal unit amid Glencore takeover bid

  07 Jun 2023

  The logo for Canadian mining company Teck Resources Limited is displayed above their booth at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 7, 2023. REUTERS/Chris Helgren . ...Read More

• 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