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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.
China's Benchmark Power Coal Price Edges up
China's benchmark power coal price rose during the past week.
South Korean Coal Prices Ease on Milder Outlook
Thermal coal prices for South Korea fell this week, with milder weather expected next month.
US 2021 Coal Production Expected to Rise 15.6% on Year: EIA
The US is estimated to produce 602.6 million st of coal in 2021, the Energy Information Administration said in a Jan. 12 report, lowering its estimate from a mo…
Oil & Gas Trade
China Trade War on Itself Sends LNG Prices Mad
Strong consumer demand, lower-than-expected temperatures across northeast Asia and a severe shortage of prompt LNG supplies and spot tanker availability have co…
China Thermal Coal Futures Set for Biggest Monthly Rise in 3 Years
Zhengzhou Commodity Exchange thermal coal futures are up nearly 12% this month and on course for their biggest monthly gain since January 2018
Anglo American Maps Out Thermal Coal Exit, Sees Higher Output
The global miner said a de-merger and listing on the Johannesburg Stock Exchange was the most likely route for its South African thermal coal assets.
S. Africa's Standard Bank won't Fund New Coal Power Plants, But Sticks with Coal Mining
South Africa's Standard Bank will not fund any new coal-fired power plant projects, but will continue to provide finance to thermal coal mining projects and com…
Australian Coal Thrives Despite China Ban
Australian thermal coal prices have risen sharply in recent weeks despite an import ban from one of its traditional markets, China.
Australian Thermal Coal Exports Rebound
Australia's thermal coal exports rebounded in October from a weak September, driven by increased shipments to China, strong buying from India and deliveries to …
Indonesia Behind on 2020 Coal Export Target
Indonesia may fall short of a government-set target to export 400mn t of coal this year, having shipped a little more than 329mn t in January-October.
China and Indonesia Sign $1.5 bln Thermal Coal Deal
China will buy $1.467 billion worth of thermal coal from Indonesia next year, the Indonesian Coal Mining Association said on Wednesday.