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Coal Trade
Australian Mining Services Provider NRW Boosts Order Book With $1.1 Bln Coal Contract
Market Analysis
19-01-2021
French Central Bank to Exit Coal, Cap Oil and Gas Investments
The French central bank said on Monday it would exit from coal and limit exposure to gas and oil in its investment portfolio by 2024 as part of a shift towards more environmentally friendly assets.
Coal Trade
18-01-2021
German Hard Coal Imports Could Fall by a fifth in 2021
The 2021 decline will mark the sixth consecutive year in which imports have dropped and brings the full-year result down to about half of the 57.2 million tonnes recorded in 2016.
Coal Trade
15-01-2021
Coal Exports from Port of Newcastle Strong Despite China's Ban on Australian Coal
While Australian coal remains off limits in China, the trade tensions have barely dented overall export figures from Australia's largest coal terminal, with producers finding other international markets.
Coal Trade
14-01-2021
German Coal Moves Ahead of Gas for February
A spike in German NCG gas prices in recent sessions has depressed clean spark spreads for February, pushing more coal ahead of gas in the merit order.
Coal Trade
14-01-2021
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 month ago by roughly 21.2 million st, or 3.4%.
Coal Technology
07-01-2021
Researchers Turn Coal Powder into Graphite in Microwave Oven
Using copper foil, glass containers and a conventional household microwave oven, University of Wyoming researchers have demonstrated that pulverized coal powder can be converted into higher-value nano-graphite.
Thermal Coal
03-01-2021
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
Coal Mine
31-12-2020
China: Shanxi Shuts 163 Coal Mines
Shanxi, a main coal-producing area in north China, has closed 163 coal mines and abolished 146.05 million tons of yearly coal manufacture capacity over the last five years.
Coal Production
30-12-2020
China Coal Output Hits Snags as Harsh Winter Begins
The Chinese central government's efforts to raise domestic coal output are facing further bureaucratic setbacks even as a nationwide "super cold snap" threatens to significantly raise heating demand.
Coal Trade
29-12-2020
Australia Expects Coal Exports to Fall by 9% year-on-year in 2020
In the first three quarters, Australia exported 278 million tons of coal, a year-on-year decrease of 17.6 million tons or 6.0%.
Coal Production
29-12-2020
Weekly US Coal Production Totals 11 million st, Down 12.6% on Year: EIA
Weekly US coal production was estimated at nearly 11 million st in the week ended Dec. 19, down 2.6% from the year-ago week, US Energy Information Administration data showed Dec. 28.
Coal Mine
26-12-2020
VGK Starts Installation of Largest Main Coal Conveyor in Russian Federation
The object under construction is a complex of main conveyors, including reloading nodes and an overpass, consisting of three sections.
Coal Trade
21-12-2020
Global Coal Demand Peaked Seven Years Ago, Says International Energy Agency
Australia's trade relationship with China is struggling as the year winds down.
Coal Mine
20-12-2020
POSCO to Acquire 15% Stake in Australian Mining Company
POSCO will invest in Mahenge Graphite Mine in Tanzania, Africa, to strengthen its anode material business.
Coal Production
17-12-2020
China's Coal Supply Sufficient for Winter Heating
The supply of coal will be sufficient to meet a spike in demand during the winter heating season, China's top economic planner said on Wednesday.
Coal Production
16-12-2020
Pakistan's ‘No New Coal-Fired Power’ Announcement – Implications For Coal Across The Belt And Road Initiative
Pakistan was until now intending to exploit its domestic coal reserves and reach 38,000 megawatts of coal-fired power by 2047
Coal Trade
14-12-2020
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.
China
12-12-2020
China Must Close Coal Power Plants By 2045 To Meet Climate Goal
China must shut down by 2045 at the latest all coal power plants operating without carbon capture if Beijing is to meet its goal to become “carbon neutral” by 2060, researchers said on Thursday.
Coal Mine
11-12-2020
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 companies if they meet certain criteria.
Thermal Coal
10-12-2020
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.
Coal Trade
10-12-2020
US Blacklists Coal Shippers for North Korea Ties
The US Office of Foreign Assets Control designated six companies and four vessels for violating existing UN sanctions by engaging in the prohibited North Korean coal trade.
Coal Trade
09-12-2020
Malaysia's CIMB Bank to Exit Coal Financing by 2040
Malaysia's CIMB plans to phase out coal from its portfolio entirely by 2040, becoming the first bank in the country and in southeast Asia to commit to a coal-exit strategy with a deadline.
Coal Trade
09-12-2020
China Issues Coal Buying Mandate Amid Supply Shortage, Price Gains
The country has an informal coal import quota, as authorities instructed traders and downstream users to maintain total 2020 imports around the 2019 level.
Coal Production
08-12-2020
Cerrejon Prepares to Gradually Restart Coal Production
Colombian coal producer Cerrejon is expected to gradually restart operations on 8 December following a three-month strike, according to Igor Diaz, president of Cerrejon's largest union Sintracarbon.
Coal Trade
08-12-2020
India's Coal Import Drops 19% to 117 Million Tonnes During April-October This Fiscal
India's coal import saw a drop of 18.6% to 116.81 MT during April-October this fiscal as against the same period a year ago.
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Anglo American Maps Out Thermal Coal Exit, Sees Higher Output
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Siemens Energy Announces Immediate Exit from New Coal Projects
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Glencore to retain its coal and carbon steel materials business
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China Three Gorges Plans $10 Billion Renewables-Coal Power Base