According to the latest data from Indonesia's Energy and Mineral Resources Ministry, the nation's coal production reached 163.4 million tons in the first half of 2018. This may seem a very low fi... Read More.
Wetter than normal weather in recent months has slowed coal shipments from one of the main producing regions in Indonesia, the world’s top thermal coal exporter, according to weather data, brokers ... Read More.
Benchmark seaborne thermal coal prices jumped to $120.10 per tonne on Thursday, its highest level since November 2012, thanks to tight supply in key Asian export regions. Measured from lows hit end-2015,... Read More.
Taking stock of coal supply situation in the country, Union Coal Minister Piyush Goyal on Monday asked Coal India to focus on meeting coal demand, particularly that of power sector.
Government-run thermal power plants must import coal to compensate for domestic coal shortages, the Central Electricity Authority of India (CEA) has said in response to a power ministry directive to take... Read More.
Benchmark seaborne thermal coal prices jumped to $120.10 per tonne on Thursday, its highest level since November 2012, thanks to tight supply in key Asian export regions. Measured from lows hit end-2015,... Read More.
Electric utilities in Japan and other Asian countries are driving blind when it comes to coal prices after the failure of Japan’s Tohoku Electric and Glencore to agree on an annual thermal coal con... Read More.
Swiss Re starts the implementation of its thermal coal policy announced in June 2017. Under the coal policy, Swiss Re will not provide re/insurance to businesses with more than 30% exposure to thermal co... Read More.
At a time when the power sector is grappling with a severe coal shortage, it has come to light that the recruitment policy for top jobs in Coal India (CIL) and its group companies is in limbo. While at l... Read More.
As the breakdown of Asia’s thermal coal pricing system leaves some buyers adrift without their traditional price signal, the experience of the iron ore market is seen as a possible way forward.Read More.
Coal supply to the power sector by state-owned CIL increased 15 percent to 122.8 million tonne (MT) during April-June of 2018-19 financial year, the company said today. The increase in fuel supplies come... Read More.
The Singareni Collieries Company Ltd. has achieved 1.5% growth rate in coal production in the first quarter of the current financial year. It also registered 8.4% increase in transportation of coal and 1... Read More.
Delhi power minister Satyendar Jain has written an urgent letter to Union power minister R K Singh about the acute shortage of coal + in the capital’s thermal power stations. Wa... Read More.
The railway ministry is maintaining close coordination with the coal ministry and other state agencies to ensure adequate availability of dry fuel at power plants, an official source said today. The deve... Read More.
Exxaro Resources Ltd expects coal production for the half year to June 30 to increase by 1.7% to 23.52-million tonnes, the South African coal miner said on Thursday.
Energy Infra Post reported that Coal India plans to offer a mix of 30 million tonnes of thermal and coking coal at its recently announced fourth tranche of long-term supply contract for the non-power sec... Read More.
Global seaborne thermal coal supply is expected to fall short of expected demand in the second half of this year amid falling capital expenditures at key miners, Citi analysts said in a note Monday.Read More.