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Australian State’s Coal Royalty Hike Could Nudge Others to Follow Suit - Analysts

Australian State’s Coal Royalty Hike Could Nudge Others to Follow Suit - Analysts

Coal Price
2022-03-14

Bens Creek up and Running with Met Coal Sales From North American Mine
Bens Creek Group PLC has fulfilled its first two purchase orders for metallurgical coal from Integrity Coal Sales Inc.
Coal Production
2022-03-14

China Seeks to Cut Reliance on Coal Imports with Mining Boom
China plans a massive increase in coal mining, a move that will dramatically reduce its reliance on imports and deal a blow to its near-term climate actions.
Coal Price
2022-03-14

Spot Coal Prices Hit Record on High Demand, Hoarding
Power producers said this would substantially raise power tariffs, particularly the spot prices, while coal companies said the coal being bought is meant for merchant plants
United Kingdom
2022-03-14

UK Steel Firms Suspend Imports of Russian Coal
Tata Steel UK (Tata) and British Steel have both suspended imports of Russian coal, according to The Mail on Sunday.The decision follows sustained pressure from Western governments for businesses to divest from Russia, as it ramps up sanctions on the coun
CCS
2022-03-11

Coal Still at Heart of China Energy Strategy After Parliamentary Gathering
China will make full use of coal as a vital part of its energy strategy, leaders and officials said during the nation's annual gathering of parliament this week, as it bids to balance economic stability with its longer-term climate goals.
Coal Price
2022-03-11

Ukraine Crisis Could Send Coal Prices to $500
Coal prices are soaring, hitting $462 per tonne today, up from $186 on the 23rd of February and likely to pass $500 this year, Rystad Energy research suggests.
Coal Trade
2022-03-11

India's Russian Coal Imports Could be Highest in over Two Years in March
India’s coal imports from Russia in March could be the highest in more than two years, data from research consultancies showed, as Indian buyers continue buying the fuel from a market that is now increasingly isolated by sanctions.
Coal Price
2022-03-11

Coal Prices Likely to Cross $500 per Tonne in 2022, Rystad Energy Says
Coal prices could cross $500 per tonne in 2022, underpinned by soaring gas prices which may lead European countries to turn to coal, Rystad Energy said on Thursday.
Coal Mine
2022-03-10

Indonesia Coal Miners in Talks with Buyers Seeking Russian Alternatives
Indonesian coal miners are holding exploratory talks with buyers seeking alternatives to Russian coal, although some other countries may be better placed to supply the European market, a senior official of an industry association said on Wednesday.
Coal Price
2022-03-10

Peabody Gets a $534 Million Margin Call on Coal, and Goldman Steps In With a 10% Loan
Locking in a price to sell coal at $84 a metric ton must have seemed like a good bet for Peabody Energy Corp. a year ago.
Coal Trade
2022-03-10

China Could Turn to Indonesia for Coal as Russian Exports Are Disrupted, Says CLSA
Russia’s war in Ukraine is unlikely to have a uniform effect across Southeast Asia, says Anthony Nafte of CLSA.
Coal Mine
2022-03-10

Coal India Receives 100% Booking in its First Single-Window E-Auction
Coal India’s (CIL) on Wednesday said its first-ever offer of nearly 5.2 Lakh Tonnes (LTs) of coal under the recently revamped single-window e-auction received encouraging response from coal consumers with 100% of the offered quantity getting booked.
Coal Mine
2022-03-09

Australia Pushing Higher Coal Exports to Europe
Australia's federal resources minister Keith Pitt is pressuring the premier of Queensland state Anastacia Palazczuk to expedite coal mine developments to free up shipments to Europe and other markets opposed to Russia's invasion of Ukraine.
Coal Production
2022-03-09

China to Keep Daily Coal Output at More than 12 mln Tonnes amid Global Price Surge
China will maintain daily coal output at more than 12 million tonnes and accelerate approvals for new coal mining projects to ensure sufficient supply.
Coal Price
2022-03-09

Coal Use Rises, Prices Soar as War Impacts Energy Markets
The war in Ukraine is having a global impact on energy prices, not only driving the cost of oil higher, but also sending coal prices to record levels as demand for the fuel grows during a period of diminished supply.
Coal Mine
2022-03-09

India Expects Private Coal Mines to Produce at Least 350 Mln Tonnes by 2030
India expects coal mines owned by private companies to produce 350-400 million tonnes of coal by 2030, a senior coal ministry official told an industry conference on Tuesday, potentially reducing the country's dependence on imports.
Coal Price
2022-03-08

U.S. Coal Prices Soar as War Drives Global Commodities Rally
Concerns of a looming global shortage of coal are driving up prices in every U.S. region that has access to export markets.
Thermal Coal
2022-03-08

Russia-Ukraine War Sparks Surge in Coal Price to Unprecedented Levels
The conflict between Russia and Ukraine has sent thermal coal prices skyrocketing to new heights, as some European countries look to ban Russian coal.
Crude Oil
2022-03-08

China Scrambles to Ensure Energy Security as Commodities Soar
China plans to increase its crude oil, natural gas, and coal production, boost reserves of energy commodities, and keep stable imports to ensure its energy security amid skyrocketing commodities prices, the top Chinese economic planner said on Monday.
Coal Production
2022-03-07

Coal India Arm BCCL's Output up by Record 61% in Feb to 3.24 Million Tonne
Coal India's subsidiary BCCL has posted a record 61 per cent growth in its production to 3.24 million tonne (mt) in February this year over the corresponding month last fiscal
Coal Company
2022-03-07

Supply to Power Sector at Record High, Says Coal India
Coal India’s (CIL) on Friday said its supplies to power sector peaked to record high of 493 million tonnes (MTs) on March 3 of the ongoing fiscal breaching the previous high of 491.5 MTs that the coal miner recorded in FY19.
Coal Mine
2022-03-05

China to Boost Coal Output, Reserves to Ensure Power Supply
China will boost the production of more modern coal mines and enhance coal reserve capacity, and aims to increase the government-deployable storage to 5% of local consumption.
Coal Price
2022-03-04

Coal Prices Spike as Russia-Ukraine Crisis Escalates
The Russia-Ukraine crisis has shocked the coal and the broader energy markets, with spikes in Newcastle prices observed in recent days, says Wood Mackenzie, a Verisk business
Thermal Coal
2022-03-04

Rush to Replace Russian Coal Propels Fuel to Unprecedented Gains
A global race to secure coal sparked by fears of a shortfall in supply from Russia, one of the biggest producers, has sent prices to levels never seen before.
Coal Production
2022-03-03

Coal India Arm NCL Set to Cross 119 mt Production Target for FY'22
The miner had on Tuesday produced 5.67 lakh tonne of the dry fuel, the highest single-day count since its inception, and the total output in the 2021-22 financial year so far stood at 110.5 million tonne (mt), up by six per cent on a year-on-year.

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