Without any coal supply from the feeding mine for the last 10 days, the 3,000 MW NTPC, Kaniha plant has entered the supercritical stage with a stock for only two days. A power plant becomes supercritical... Read More.
Anglo-Swiss multinational Glencore said Friday that it completed the acquisition of 49% interest in Yancoal's Hunter Valley Operations thermal coal mine in New South Wales, Australia.
Indonesia's Ministry of Energy and Mineral Resources set its May thermal coal reference price, also known as Harga Batubara Acuan or HBA, at $89.53/mt, down 5.5% month on month, but up 7% year on yea... Read More.
Adani’s coal-fired power business has reported more heavy losses, prompting the Indian conglomerate to announce it would shift away from using expensive imported coal.
As many as 32 power plants out of 114 in India have coal stockpiles that will last for seven days or less, a situation not seen in several months, as generating stations unexpectedly stepped up capacity ... Read More.
State-run Coal India Ltd. revved up fuel supplies to power plants by 14.4 per cent to 40.30 million tonnes in April compared to the same month last year ahead of the monsoon season, according to an offic... Read More.
On the campaign trail in 2016, President Donald Trump often pledged to bring back coal. For mineworkers, that promise remains unfulfilled. The number of jobs in coal mining in the US is up only 800 since... Read More.
Contura Energy Inc and Alpha Natural Resources Holdings Inc said on Monday they agreed to merge, creating the largest U.S. producer of metallurgical (met) coal, used in steelmaking, and reuniting the two... Read More.
Independent power generating companies (gencos) want Coal India (CIL) to determine the gross calorific value (GCV) of the fuel on ‘as received basis’ (ARB), in line with international billing... Read More.
Godda, in the Indian state of Jharkhand, is surrounded by the country’s most productive coalmines. It will soon also be home to the Adani group’s latest coal-fired power station, a plant buil... Read More.
FocusEconomics’ April 2018 Consensus Forecast for Commodities shows a moderate downward trajectory for thermal coal in Q4 2018. Newcastle export prices are expected to drop to $88.00 a tonne becaus... Read More.
Chinese Yancoal's Australian thermal coal sales surged year on year in the January-March quarter following the second full quarter of output from the Coal & Allied assets it purchased from Rio Ti... Read More.
Ruling out any possibility of dry coal shortage in the upcoming monsoon season, the Coal Ministry said it has sufficient stocks to meet the demand of power plants.
Coal, as a source of energy, is firmly out of favour now due to climate change considerations. Most countries, including India, have plans to phase out coal over the next few decades. India, in fact, has... Read More.
China's most-active thermal coal futures jumped 2.9 percent on Monday, marking the biggest gain since August 2017, as concerns of tightening the import policy dampened outlook for foreign coal suppli... Read More.
China's most-active thermal coal futures jumped 2.9 percent on Monday, marking the biggest gain since August 2017, as concerns of tightening the import policy dampened outlook for foreign coal suppli... Read More.
Coking coal and coke futures in China fell more than 3 percent on Thursday, pressured by slow seasonal demand for steel in the world's top consumer, with fello... Read More.
BHP Billiton Thursday said its thermal coal production slumped in the January-March quarter, but output was expected to rebound in the April-June period, allowing the mining giant to meet its fiscal year... Read More.