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Coal Trade
Pressure on Gas and LNG Prices to Help Switch From Coal, Says J.P. Morgan
Coal Production
04-05-2023
Australian Pacific Coal Finalises Dartbrook Joint Venture Agreement
Australian Pacific Coal Ltd. (AQC) has agreed new terms and executed a restructured joint venture agreement (JVA) that will underpin the restart of the Dartbrook underground coal mine as planned in early 4Q23.The binding term sheet announced in September
Coal Production
28-04-2023
ADB to study early coal retirement in Kazakhstan
This will be accomplished through the bank’s energy transition mechanism program.The Asian Development Bank (ADB) is studying opportunities to speed up the retirement of coal-fired power plants in Kazakhstan through the Energy Transition Mechani
China news
25-04-2023
China’s Met Coke Prices Drop By RMB 100/T ($15/T) W-O-W
China's met coke prices in Hebei's Tangshan were assessed at RMB 2,400/t ($348/t) on 24 Apr'23. Prices fell by RMB 100/t ($15/t) w-o-w. This is the fourth round of price cut in April. Prices dropped on limited demand from steel mills, and coke
Coal Trade
19-04-2023
China’s March Coal Imports Jump to 3-Year High
China’s coal imports surged in March to their highest in any month over the past three years as utilities increased purchases on expectations for a demand recovery and after curbs on bringing in Australian coal were removed.The world’s
Coal Mine
17-04-2023
Coal Phase-Out Not Happening Fast Enough to Avoid Rising Global Temperatures
A stockpile of coal maintained by the base power plant at Eielson Air Force Base in Alaska. (Reference image by The U.S. National Archives, Picryl.)A recent study by researchers at the Chalmers University of Technology and Lund University shows that the u
Coal Production
13-04-2023
Government Developing Portal to Expedite Clearances for Newly Allocated Blocks: Coal Secretary
The secretary along with Additional Coal Secretary and Nominated Authority M Nagaraju held an interaction with the representatives of captive and commercial coal block allottees to discuss ways to increase coal production and other issues.The government i
Coal Mine
12-04-2023
Glencore Throws in Cash to Buy Teck Shareholders Out of Coal Exposure
Swiss multinational Glencore on Tuesday announced a modification of its proposed transaction with Canadian miner Teck Resources, introducing a cash element for those investors that may prefer a full coal exit.In a letter addressed to Teck chairperson Shei
Coal Mine
12-04-2023
Edenville’s Washed Coal Volumes Affected by Rain in Tanzania
Aim-listed Edenville Energy says the washing of run-of-mine (RoM) coal at its Rukwa coal project, in Tanzania, has been hampered by high moisture content, given the ongoing rainy season in the country.In dry periods, the moisture content is reduced suffic
Coal Trade
11-04-2023
Coal India to Boost Supplies to Industries as Utilities’ Inventories Rise
Coal India Ltd will increase supplies to industries, the world’s largest coal miner said on Wednesday as fuel inventories at utilities run by coal increased by over two-fifths over the last one year.The state-run miner has historically prioritis
Coal Production
29-03-2023
No Issue of Coal Availability, Constraint Is Railway Logistics: Power Secretary to Parliamentary Panel
Power Ministry has formulated a plan of rationing coal, beginning April 1, in an effort to ensure adequate supply of the commodity to power plants to meet electricity demand for summersKumar explained to the panel that there is a management problem in Apr
Coal Production
28-03-2023
How India Plans to Shield Businesses From Power Cuts This Summer
The nation, which depends on coal for 70% of its electricity, is increasing its green energy capacity amid rising demandA coal wholesale market in Mumbai. India expects power demand to hit a peak of 229 gigawatts next month.For Saurabh Verma, who runs a l
Thermal Coal
24-03-2023
We’re Cementing Climate Denial With Every Fossil Fuel Project
A coal-fired power plant in Germany. A United Nations climate report warns that global warming is on track to exceed 1.5 degrees Celsius by the early 2030s without swift reductions in greenhouse gas pollution.(Martin Meissner / Associated Press )A new Uni
Coal Production
23-03-2023
LONGWALL PRODUCTION LOSES A LITTLE STEAM
Through the use of new technology, operators hope to leave difficult geology in the gobIn a year where total U.S. coal production climbed nearly 4%, America’s longwall mines didn’t keep pace. Last year, longwall mines in the U.S. produ
Coal Mine
23-03-2023
Investors Question Teck on Climate Even After Canadian Miner’s Coal Spin-Out
Investors have yet to embrace Canadian miner Teck Resources Ltd's (TECKb.TO) proposal to spin off its highly polluting coal business and focus on production of copper to help supply society's move toward electric vehicles.Last month, Teck
Coal Price
21-03-2023
S. Africa’s Exxaro Resources Says Coal Prices Cooling Off
South Africa’s Exxaro Resources on Thursday posted a 28% jump in 2022 profit after seeing average coal prices surge more than 150%, but warned prices were easing, partly due to high inventories at European power utilities.Exxaro posted a 41% inc
India
21-03-2023
NTPC Mulls 5.4 Million Tonnes Coal Import in First Half of 2023-24: PTI
State-run power giant NTPC is planning to import around 5.4 million tonnes of coal to meet the supply shortage during the first half 2023-24 fiscal, Parliament was informed on Tuesday.NTPC is planning to import around 5.4 million tonnes of coal for its gr
Thermal Coal
13-03-2023
Power Units May Miss Closing Coal Stock Target as Heat Soars
The railway ministry will provide 418 rakes to different subsidiaries of Coal India and captive mines and will also increase the number of rakes. Hydro power plants run at lesser capacity between January and April because of flow and quantum of water. Sol
Thermal Coal
10-03-2023
Contango Completes Pilot Coke Plant Construction at Its Lubu Project
Contango Holdings Plc has advised that the construction of a small-scale coke battery has been completed at the Lubu Coal Project in Zimbabwe.The pilot coke plant has been constructed to provide on-site capability to manufacture coke from washed coking co
Thermal Coal
09-03-2023
Dark Summer Nights: India Faces High Risks of Power Cuts After Years of Coal, Hydro Power Neglect
The electricity deficits this summer could be worse than expected, as Grid-India's shortage forecasts were made weeks before India's weather office predicted heat waves between March and May.A rapid addition of solar farms has helped India
Coal Production
09-03-2023
Coal’s Share in Indonesia’s Energy Mix Reaches 64% In 2022
The share of renewables is at 20%.The share of coal in Indonesia’s energy mix increased to 64% from 61% in 2022, meeting the electricity needed, following a 6.6% year-on-year rise in electricity demand.In a report, the International Energy Agenc
Romania
09-03-2023
Romanian Coal Plant to Be Repurposed as 1700MW Combined-Cycle Flagship
HL-class engine. Image credit: Siemens EnergyCCGT plant will run on Siemens Energy turbines and be one of the most efficient in EuropeSiemens Energy will supply independent power producer Mass Global Energy with HL-class gas turbine technology for the Min
Coal Trade
09-03-2023
UK Calls on Reserve Coal Power as Supply Tightens
National Grid ESO, serving the grid of Great Britain, has used reserve coal power units for the first time this winter during expected supply shortages.Two coal units at EDF’s West Burton coal plant were synchronised to the UK power grid on Tues
Coal Technology
07-03-2023
Siwertell shipunloaders commissioned at new Chinese power station
Bruks Siwertell has completed the commissioning of two large scale Siwertell ST 790-D-type shipunloaders for a newly developed ultra-supercritical power station in southern China, ensuring clean and efficient coal handling for their new owners.The COVID p
Coal Trade
02-03-2023
Seventh Round of Commercial Coal Mines Auction Likely by Month End
Despite having the fourth-largest coal reserves in the world, India is the second-largest importer of the fuel, according to a government report. A fifth of the country's annual coal requirement is being met through imports, despite a decline in coal impo
Coal Trade
27-02-2023
Ministry of Coal to Commence Forward Auction of Commercial Coal Mines From February 27, 2023
The Ministry of Coal will commence forward auction of commercial coal mines from February 27, 2023.The Ministry of Coal had launched the sixth round and second attempt of fifth round of commercial coal mines auctions on November 3, 2022, which received 96
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