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Chile, NE Asia Bolster Drummond's Coal Exports
A spike in Chilean demand and firm loadings for northeast Asia supported Colombian coal producer Drummond's thermal coal exports in May, company figures show.
Australia Exports Record High Thermal Coal to India
Australia exported record high volumes of thermal coal to India in April, as changing trade flows reflect Beijing's ban on imports of Australian coal.
Coal-Fired Power Plants
Indonesia to Halt Approval of New Coal-Fired Power
Indonesia, the world's largest thermal coal exporter, has decided to stop approving new coal-fired power plants with an aim of cutting emissions and expanding r…
S Korea Coal Imports Drop Amid Voluntary Restrictions
South Korean thermal coal imports fell on the year in April amid a likely drop in coal-fired generation, driven in part by voluntary restrictions on the use of …
China’s Coal Futures Hit Record As Exchange Tries to Cool Rally with Fee Hike
Prices have rallied 34 per cent so far this year as miners struggle to meet robust demand from the nation’s economic rebound.
NSW Commission Consents to Tahmoor Coal Mine Extension
The New South Wales Independent Planning Commission has granted development consent for a proposed extension to the Tahmoor Coal Mine, on Sydney’s southwestern…
South Korean Coal Prices Ease
Thermal coal prices for South Korea softened this week, as Australian fob prices came under pressure from a weaker demand outlook in India and Japan.
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 …
Net Zero Emission
University of Michigan OKs 'Net Zero' Carbon Emission Plan
he plan does not promise a complete ban on companies with ties to fossil fuels, although university President Mark Schlissel said they gradually would "head dow…
South Korean Coal Imports Rebound in February
South Korean thermal coal imports rose in February, supported by utility restocking and greater Australian supply.
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 r…
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 ex…
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 a…
Exxaro no Longer Investing in Thermal Coal as it Strives for 2050 Carbon Neutral Goal
Diversified miner Exxaro Resources will no longer invest in thermal coal assets, as this forms part of the company’s transition to becoming carbon neutral by 2…
S Africa's Exxaro to Halt Further Coal Investments
South Africa's largest coal mining firm Exxaro Resources will no longer invest in thermal coal assets, its chief executive Mxolisi Mgojo said this week.