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Coal Trade
Australian Mining Services Provider NRW Boosts Order Book With $1.1 Bln Coal Contract
11-12-2019
India’s Coal Power Usage Set to Shrink for First Time in 14 Years
Coal’s use for power in India is set to shrink for the first time in at least 14 years as demand slows and cheaper and cleaner renewable sources of electricity erode the fossil fuel’s share.
11-12-2019
Renewable Energy to Become Dominant Energy Source in France’s Capacity Mix
Nuclear power, currently the dominant energy source in France, is expected to be overtaken by renewable energy by 2027. The share of renewable energy in France is expected to reach 42.9% of the country’s power mix by 2023.
Coal Trade
10-12-2019
Bearish US Thermal Coal Export Market Driven by Unsupportive Pricing
Exports of Illinois Basin coal from the US Gulf Coast and Northern Appalachian coal exports through Baltimore have both slowed considerably from levels seen this summer.
Coal Trade
10-12-2019
Japan to Keep Pushing Coal in Developing World Despite Criticism
Japan will continue providing backing to new coal-fired power projects in developing countries, a government source said Monday, despite international efforts to move away from fossil fuels that are responsible for climate change.
Coal Mine
09-12-2019
Albanese says Australia Should Continue to Export Coal
Labor leader Anthony Albanese has backed the case for Australian coal exports amid a divisive debate on shutting down the trade to act on climate change, arguing it would be wrong to damage the industry and its workers.
Coal Trade
09-12-2019
China's Jan-Nov Coal Imports Rise 10% on Year to 299 Mil mt; Exceed 2018 Total
China imported 299.3 million mt of coal, including thermal and coking coal, over January-November, up 10.2% year on year, exceeding its 2018 full year import volume of 281 million mt, General Administration of Customs data released Sunday showed.
Coal Power
06-12-2019
What does a Sunset Coal Industry Tell Oil Producers About Peak Demand?
Coal has been the main fuel of industrialization over the past century and a half. To this day, it remains a key feedstock for power generation and in making steel.
Coal Power
06-12-2019
Big European Banks Face Call to End Funding for Firms Building Coal-fired Plants
Some of Europe’s biggest banks are being challenged by environmental groups to sever all lending to utilities which they say are still developing new coal-fired power plants.
Thermal coal
06-12-2019
ANZ to Shed More than $700m in Loans to Thermal Coal Projects by 2024
ANZ has secret plans to drastically slash its lending to thermal coal mining, according to a leaked document seen by the ABC.
Coal Mine
06-12-2019
Revealed: UK Banks' £25 billion Support for Global Coal
HSBC, Standard Chartered, Barclays and Royal Bank of Scotland have continued to finance companies which are investing in new coal plants even after the Paris climate deal.
Coal Company
06-12-2019
One of the Biggest U.S. Coal Companies Filed for Bankruptcy
A judge approved a bankruptcy reorganization for one of the biggest U.S. coal companies Thursday amid ongoing uncertainty about how its mines will be bonded in the long term.
Coal Power
29-11-2019
Replacing Coal with Gas will Open New ‘Window of Opportunity’
Canada still has only one liquefied natural gas export project under construction, despite more than two dozen separate developments being pitched over the past decade.
Coal Trade
29-11-2019
India Steel Minister Expects to Increase Coking Coal Imports from Russia
India’s Steel Minister Dharmendra Pradhan said he was confident India’s imports of coking coal from Russia would increase significantly in coming months, adding that steelmakers had started testing samples of Russian coal.
Coal Mine
28-11-2019
Anglo to Sell 12% of Australian Coal Mine to Japanese Partners
Mining group Anglo American is selling a 12% stake in its coking coal operations at Grosvenor in Queensland, Australia, to a group of Japanese partners for around $141 million in cash, it said on Wednesday.
Coal Mine
28-11-2019
Coal-Fired Power Is Declining Thanks to a Slowdown in India and China
After more than a century as the world’s dominant source of electricity, coal may finally be losing its importance. Coal-fired power production is projected to fall 3 percent this year—the largest annual decline on record.
Coal Power
28-11-2019
Column: Coal use for electricity slips, but India concerns remain
A record drop in the amount of electricity generated from coal is likely this year, something that sounds positive for efforts to mitigate climate change, but things are seldom that simple.
28-11-2019
AXA to Exit Coal Investments in OECD States by 2030
France’s AXA (AXAF.PA) said it was strengthening its climate strategy by committing to exit coal more quickly across a greater number of countries, as policymakers seek a faster transition to a low-carbon economy.
Coal Power
28-11-2019
South Korea Plans to Shut Down Up to 15 Coal-Fired Power Plants for Winter
South Korea will idle up to a quarter of its coal-fired power plants between December and February to help limit air pollution, and the remaining plants should be enough to supply power over the winter, the country’s energy ministry said on Thursday.
Coal Power
28-11-2019
South Korea’s Dust Dilemma Forces Coal Plants Into Hibernation
South Korea plans to halt several coal-fired power plants this winter to try and clear toxic dust that forces residents to wear face masks and confines children indoors.
Coal Power
27-11-2019
Global Coal-Fired Electricity Production Set for Record Drop
It's only the third time coal power generation has declined since 1985. Electricity produced by coal is on track to decline by 3% globally in 2019 – the largest drop on record – according to a new analysis.
Coal Power
27-11-2019
BNP Paribas to Cease Financing to Thermal Coal Sector by 2040
French banking group BNP Paribas announces fresh investment policies for coal and renewable energy sectors
Coal Mine
26-11-2019
How to Make Coal Mining Sustainable
Notwithstanding the optimism over renewables displacing fossil fuels rapidly, coal will continue to dominate India’s electricity generation for at least a couple of decades more.
Coal Price
26-11-2019
Despite Talk of Coal's Demise, it Still Powers the World
The amount of electricity generated from coal jumped 7 percent in the developing world last year, according to Bloomberg NEF’s annual Climatescope report that evaluated more than 100 nations. It’s the biggest increase in five years.
Coal Company
26-11-2019
Germany Moves to Phase Out Coal
Coal is the largest source of electricity in Germany — but the country is trying to cut back. Germany, one of the world's biggest consumers of coal, plans to phase out coal by 2038 and become emissions-neutral by 2050.
Clean Coal
26-11-2019
Coal: Is This the Beginning of the End?
The fuel that powered the industrial revolution may be in decline at last. This year looks set to see the largest fall in electricity production from coal on record, according to a new report.
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Australian Mining Services Provider NRW Boosts Order Book With $1.1 Bln Coal Contract
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Teck Provides Steelmaking Coal Market Update