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Glencore Coal Deal Collapse Shakes the Market
04 Jul 2018As 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.CIL coal supply to power plants up 15% in April-June
03 Jul 2018Coal 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.SCCL coal production up by 1.5% in Q1
03 Jul 2018The 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: Just 1.5 days of coal stock left, minister warns of power crisis
29 Jun 2018Delhi 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.Railway Ministry in touch with Coal Min, power utilities to ensure coal availability at plants
29 Jun 2018The 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 expects H1 thermal coal output to rise 1%
29 Jun 2018Exxaro 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.... Read More.CIL may offer 30 million tonne of thermal and coking coal for non power sector
27 Jun 2018Energy 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 thermal coal demand likely to outstrip supply in H2 2018: Citi
27 Jun 2018Global 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.Private power players seek level playing field on coal
26 Jun 2018Private power producers on Monday flagged the preferential allocation of coal blocks to public sector units vis-a-vis private players as one of the major reasons for piling up of huge bad assets in the s... Read More.Global thermal coal demand likely to outstrip supply in H2 2018: Citi
26 Jun 2018Global 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.Mongolia parliament considers IPO for giant coal mine
22 Jun 2018The Mongolian government on Thursday submitted plans to parliament to list a chunk of the state-owned company that holds the giant Tavan Tolgoi coal mine.The potential i... Read More.Potential 25% China tariff on US coking coal sparks short-term concern
22 Jun 2018A potential 25% tariff on US coking coals to China may have little long-term impact on most Chinese buyers, though concern about defaults on recent trades is mounting, market sources said.&... Read More.India's thermal coal imports may rise to 145 million tonne in 2018: Report
22 Jun 2018India's thermal coal import is likely to increase to 145 million tonne (MT) in 2018, and the uptrend would continue in the next four years, says a report. According to the report by Minerals Co... Read More.After Air India failure, govt now hoping to offload stake in Coal India
20 Jun 2018Prime Minister Narendra Modi’s administration is planning to offload a stake in state-run Coal India Ltd to speed asset sales after a disastrous attempt to find a buyer for the cash-strapped nation... Read More.Several board level posts to fall vacant at Coal India Ltd
20 Jun 2018Coal India and its eight subsidiaries are likely to have six board level-posts falling vacant in the next eight months while additional nine positions are already vacant at a time when the company ... Read More.Asia's thermal coal demand poised to grow
20 Jun 2018Asia’s thermal coal demand could increase by some 400-million tonnes by 2030, a new report commissioned by the Minerals Council of Australia (MCA) found.Asian ther... Read More.Indian state-run banks financed more coal than renewable energy in 2017: Study
20 Jun 2018A majority of state-owned banks and financial institutions in India continued to fund coal projects in 2017 while private financial companies are investing comparatively more in renewable energy projects... Read More.Coal India pension delay draws CAG wrath
18 Jun 2018Coal India’s pension fund, which is facing a funds crunch that has delayed payments to about 5 lakh retirees in June, is in poor health because of gross mismanagement and blatant violation of inves... Read More.S.Korea's KOSPO buys 160,000 T coal for Sept-Oct 2018
18 Jun 2018Korea Southern Power Co Ltd (KOSPO) bought 160,000 tonnes of coal for loading between September and October via a tender that closed on Thursday, a source from the utility said on Monday.Read More. Thermal coal stocks at India power plants rise 6% on week: Central Electricity Authority
18 Jun 2018Thermal coal stocks at Indian power plants were 15.2 million mt as of Wednesday, up 6% from the previous week, and back above the 15 million mt level after reaching a four-month low of 14.3 million mt la... Read More.