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Coal Trade
Australian Mining Services Provider NRW Boosts Order Book With $1.1 Bln Coal Contract
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.
Coal Mine
07-12-2020
Glencore to Close Four Australian Coal Mines
Switzerland-based trading and mining firm Glencore plans to close three Australian coal mines in New South Wales and one in Queensland state by 2023.
Coal Trade
04-12-2020
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 South Korea.
Coal Mine
03-12-2020
U.S. Coal Output Capacity Has Plunged 28% Since 2009 Peak
Declining coal demand across several sectors, especially electricity generation, has led to a 28-percent slump in U.S. coal mining productive capacity since the peak in 2009.
Coal Trade
03-12-2020
Colombia’s Coal Output Halves in Third Quarter
Colombia's coal production fell by 47.4pc on the year during the third quarter, hit by suspended output at mines owned by Glencore subsidiary Prodeco and Colombian Natural Resources, as well as strike action at Cerrejon.
Coal Trade
02-12-2020
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.
Coal Production
01-12-2020
China's Coking Coal Imports Fall to Five-Month Low
China's coking coal imports fell to a five-month low in October, hit by slowing Australian arrivals following an unofficial ban on coal imports from the country that was imposed in early October.
Coal Trade
01-12-2020
Shakhtyorsk Coal Seaport Ships 10 million t of Coal
The coal seaport of Shakhtersk, one of the key assets of the Eastern Mining Co., has achieved a record coal shipment rate since the beginning of 2020.
Coal Trade
30-11-2020
Indonesia and China Strengthen Coal Investment and Trade Co-Operation
The Indonesian Coal Mining Association and China Coal Transportation and Distribution Association have signed a co-operation in a form of memorandum of understanding to increase the coal exports from Indonesia to China.
Coal Production
27-11-2020
South Korean Coal Restrictions to Edge up This Winter
South Korean state-owned Kepco utilities operated 56 coal-fired units with a combined capacity of 33.7GW.
Australia
26-11-2020
More than 60 Australian Coal-Carrying Ships Kept Waiting to Unload off Ports in China
Labor presses Coalition to explain what it knows about delays as pricing agency says Beijing appears to be ‘singling out’ Australian imports
Market Analysis
26-11-2020
Coal Country Can Retool Itself To The New Energy Future
The Environmental and Energy Study Institute came out with a really interesting study on how Coal Country can, and must, redefine itself in the energy future that is emerging.
Coal Production
26-11-2020
Teck Provides Steelmaking Coal Market Update
Teck Resources Ltd has announced that it has increased its steelmaking coal sales to China for 4Q20 in response to increased demand.
Thermal Coal
26-11-2020
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.
Coal Trade
25-11-2020
Beijing Mulls Allocating Extra 2020 Coal Import Quotas
Chinese authorities may allocate an additional 20mn t of coal import quotas for this year, according to multiple market participants, to help cope with firmer winter demand and higher domestic prices.
Coal Production
25-11-2020
As More Countries Pledge Zero Emissions, Coal Finance Evaporates
Financing for coal projects is drying up at ever increasing rates as more countries target zero carbon emissions amid an energy transition sweeping the world.
Coal Mine
20-11-2020
VGK Carries Out Land Reclamation at the Solntsevsky Coal Mine
As part of environmental protection measures, the Vostochnaya Mining Co. implemented a project to restore land at the Solntsevsky coal mine with a total area of 22 ha.
Coal Trade
19-11-2020
Japan’s Coal Demand may Drop Next Quarter
Recovering nuclear availability in Japan towards the end of the first quarter of 2021 could trim the country's demand for coal imports.
Coal Trade
18-11-2020
South Korea's Coal Imports Fell 12.8 Percent year on year from January to October 2020
From January to October 2020, South Korea imported 102.341 million tons of coal, a year-on-year decrease of 14.971 million tons or 12.8%.
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