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New Coal Royalties Legislation Further Damages Queensland’s Competitiveness

New Coal Royalties Legislation Further Damages Queensland’s Competitiveness

Coal Production
18-04-2021

Global Coal Production to Rise by 3.5% in 2021
Global coal output is estimated to have declined by 2% in 2020 due to COVID-19-related lockdowns and restrictions, with significant reductions observed in the US (23.6%), Indonesia (13.1%), Russia (8.1%) and Australia (5.5%).
Coal Production
15-04-2021

China’s ETS to Reduce Coal’s Share of Power Mix: IEA
Without tighter allocation benchmarks for coal-fired plants or the introduction of allowance auctions, the scheme could fail to encourage any significant coal-to-gas fuel switching.
Coal Mine
14-04-2021

Vietnam's Coal Imports Rebound in March
Vietnamese coal imports in March slipped for the fourth straight month from a year earlier, although they more than doubled from the previous month with the containment of rising Covid-19 cases to ensure business continuity.
Coal Mine
14-04-2021

Australia’s Queensland Coal Exports Hit Four-Year Low
Shipments from the four largest coal export ports in Australia's Queensland state were at the lowest level in four years on an average daily basis in March, entirely because of a drop in shipments from the 85mn t/yr Dalrymple Bay Coal Terminal.
Coal Mine
12-04-2021

Sibanthracite Increased Volume of Mining Output in Q1 by 17%
In the first quarter of 2021, the Sibanthracite Group’s production volume amounted to 4,839,000 tonnes, of which 2,917,000 was UHG anthracite, and 1,922,000 was Grade T metallurgical coal.
Coal Production
26-03-2021

India to Double Down on Coal Projects Amid Climate Warnings
India has set in motion the biggest ever auction of coal mines in the country despite the fossil fuel’s key role in contributing to global warming.
Thermal Coal
26-03-2021

China’s Epic Sandstorm Lifts the Price of Coal that Caused it
Chinese thermal coal prices rose a fourth day for a 13% gain this month, and they remain stubbornly above the 600 yuan a ton mark that in the past has prompted the state to step in.
Coal Mine
26-03-2021

New Coalfield Discovered in North Korea
A coalfield with an estimated deposit of dozens of millions of tons has recently been found in the northern part of South Phyongan Province in the Democratic People’s Republic of Korea.
Coal Trade
22-03-2021

Severe Storms Disrupt Australian Coal Exports
Rail network manager Australian Rail Track has closed the Hunter Valley railway, halting coal deliveries to the 211mn t/yr capacity port of Newcastle in New South Wales as heavy rain causes major flooding across the coal-mining region.
Market Analysis
22-03-2021

EIA: Less Electricity Generated by Coal than Nuclear in US in 2020
US coal-fired electricity generated totalled 774 million MWh in 2020, which is less than both natural gas-fired and nuclear-powered generation.
Carbon Emissions
19-03-2021

Japan, US Exposed as UN Chief Urges G7 to Commit to 2030 Coal Exit
At a summit on “powering past coal”, António Guterres called on rich countries to lead, putting pressure on Japan and the US to produce exit plans
Coal Production
18-03-2021

India to Enhance Coal Output
To enhance coal production and reduce imports, Coal India Ltd has identified 15 new projects with a capacity to produce 160 million tpy.
Coal Production
16-03-2021

South Korean Coal Market Retreats Amid Warmer Spring
The South Korean coal market edged lower this week as forecasts of a warmer spring across northeast Asia weighed on the near-term demand outlook.
Thermal Coal
12-03-2021

South Korean Coal Imports Rebound in February
South Korean thermal coal imports rose in February, supported by utility restocking and greater Australian supply.
Coal Trade
11-03-2021

Vietnam's Coal Imports Fall Further in February
Vietnamese coal imports slipped for a third straight month in February from a year earlier as industrial activity slowed amid the lunar new year holiday and a recent rise in Covid-19 cases.
Carbon Emissions
10-03-2021

Eskom’s Plans to Mitigate Carbon Emissions from Existing Plants
Today Eskom presented its Clean Coal Technology initiatives and briefed Parliament’s Portfolio Committee on Mineral Resources and Energy on its measures to comply with particulate matter; sulphur dioxide;
Coal Gasification
10-03-2021

Indonesia LPG Imports to Fall Sharply by 2025 as Coal Gasification Ramps up
Under a new presidential regulation last month, coal gasification features on a "priority" investment list, which offers incentives such as tax allowances or tax breaks
Coal Trade
08-03-2021

Australia Resumes Coal Shipments to China
Australian shipments of coal to China have resumed, after the port of Gladstone in Queensland sent a shipment bound for Hong Kong and with initial shipping data showing that cargoes also left the New South Wales port of Newcastle bound for Chinese p
Thermal Coal
04-03-2021

Indonesia's Salim Plans Australian Coal Mine Growth
The Indonesian owners of Australia's 8mn t/yr Mount Pleasant high-grade thermal coal mine in New South Wales have applied to expand the mine to 17mn t/yr and extend its life to the end of 2048 from 2026.
Coal Trade
04-03-2021

Indonesian Coal Exports Stutter in January
Indonesia exported another record-high volume of coal to China in January, but overall shipments stuttered amid weather-related disruptions and fewer loadings for other key markets.
Coal Trade
04-03-2021

Port of Vancouver Coal exports fall to 11-Year Low in 2020
Coal exports out of the Port of Vancouver fell to an 11-year low 31.55 million mt in 2020, down 14.5% from 36.91 million in 2019 and the lowest since 30.33 million mt exported in 2019, data from the Vancouver Fraser Port Authority showed March 3.
Market Analysis
04-03-2021

World can Still Limit Globa Warming by Letting Go of Coal
The world still has a “fighting chance” to limit global warming by ending dependence on coal, UN Secretary-General António Guterres told representatives from governments, local authorities and the private sector in a meeting online on Tuesday.
Coal Trade
02-03-2021

Seaborne Thermal Coal Imports Drop by 8pc in 2020
Global demand for seaborne coal fell by around 8pc last year, according to Argus analysis of customs and shipping data for 15 of the world's biggest importers and the EU 27.
Market Analysis
01-03-2021

China's Coal Consumption Share Falls to 56.8% at End-2020
The rapid rollout of renewable-energy capacity and the growing use of natural gas has helped reduce the share of coal consumption from around 68% over the last decade and 57.7% a year earlier, but overall coal use has not peaked.
Coal Mine
26-02-2021

Plans for UK Coal Mine Suspended After Criticism of Net Zero Commitment
Plans to build the UK’s first deep coal mine in 30 years have been suspended after the UK government was accused of “rank hypocrisy” for greenlighting the project while seeking to lead on climate action.

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