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Why It’s Crucial to Change the Climate and Energy Model for Developing Countries
US Coal Exports Increase 23% Between 2020 and 2021
According to the US Energy Information Administration (EIA), in 2021, coal exports from the US increased by 23% to 85 million short t from 69 million short t in 2020.
Ohio Utility Says Two Coal Plants Could Close Next Year
An Ohio-based utility said it plans to deactivate or sell the remaining coal-fired units at two of its power plants in 2023, five years earlier than previously expected.
New Coal Mine Projects Seen Swelling Global Methane Emissions by a Fifth
Global methane emissions from the extraction of coal could rise by as much as 21.6% if all new mining projects now under development go into operation
Coal Prices Rise to Record Levels on Russia Supply Fears.
Coal buyers are trying to lock up supplies amid fears that Russia could respond to sanctions by cutting off exports.
Bens Creek Group Provides Coal Production and Delivery Update
Bens Creek, the owner of a recently re-opened metallurgical coal mine in North America supplying the steel industry, has announced an update on coal production and deliveries.
China's Jan-Feb Coal Output Jumps 10.3% for Winter Heating
China’s coal output rose 10.3% in the first two months of 2022 from a year earlier, after Beijing encouraged miners to ramp up production for the winter heating season, with demand also receiving a boost from Indonesia’s export ban.
MCL Becomes the Largest Coal Producing Company in India
On March 12, 2022, the company produced 7.62 lakh tonne of dry fuel which is the highest in a day during the current financial year reaching 157.7 MT with a growth of around 16 per cent over the last financial year, the company release said.
Coal Prices Soar to 200 Year High
Coal prices are soaring, hitting US$462/t on 10 March, up from US$186/t on 23 February and likely to pass US$500/t this year, Rystad Energy research suggests.
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.
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.
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
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
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.
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.
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 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.
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.
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.
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 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.
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.
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 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.
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.
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.
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