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Thermal Coal Prices Expected to Remain Weak in 2024
27 Nov 2023Thermal coal prices are expected to continue their decline for the remainder of 2023 and into 2024 due to oversupply in the Chinese market. The surge in domestic production and increased imports have led to an abundance of coal, resulting in lower prices. Australian coal prices experienced an 8% decrease in the third quarter of 2023 and a 31% drop in the second half of the year. South African coal prices followed a similar trend. . ...Read More
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Climate protest: More than 100 arrested at world's largest coal port
27 Nov 2023A two-day blockade of the world's largest coal port has triggered 109 arrests. . ...Read More
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Only seven out of 14 projects profitable: CCL
27 Nov 2023Ranchi: B Veera Reddy, the chairman cum managing director of the Central Coalfields Limited (CCL), on Saturday said the Ranchi-based central PSU will be gunning for increasing its underground coal mining production in the next five years in a bid to align with Coal India Limited’s environment sustainability goals. “Only seven out of 14 coal projectsare profit making. . ...Read More
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Coal price cap ‘must be revoked’ for energy transition
27 Nov 2023Under current conditions, coal-fired generation typically is far cheaper and is therefore the state-owned electricity company's preferred power source. . ...Read More
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World Coal Association transforms into FutureCoal; to create a sustainable roadmap
21 Nov 2023FutureCoal Founding Director and Vice Chairman Stepan Solzhenitsyn emphasised that this metamorphosis signifies a crucial juncture for the industry at large . ...Read More
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Tangedco gets centre’s nod to import 5 lakh tonnes of coal from Indonesia
21 Nov 2023As per the Fuel Supply Agreement, we will receive 60,000 tonnes of coal. But, with a surge in coal demand nationwide, Tangedco finds itself receiving only 40,000 tonnes from Odisha. . ...Read More
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Intelligent coal mines contribute to improving safety standards
21 Nov 2023View of a coal site operated by CHN Energy Investment Group in Cangzhou, Hebei province, in July. [FU XINCHUN/FOR CHINA DAILY] . ...Read More
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Glencore Adds Teck’s Mines To Its Global Coal Business
21 Nov 2023Unintended but not unexpected is one way of describing what’s happening to the price of steel-making coal as governments suppress supply in the face of steady demand growth, a perfect recipe for a higher price. . ...Read More
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World Coal Association rebrands to FutureCoal
20 Nov 2023After 38 years of existence, with a goal to educate and popularise coal and emission abatement, World Coal Association (WCA) has ceased and ushered in a new era under the transformative branding: FutureCoal – The Global Alliance for Sustainable Coal, according to a company release. . ...Read More
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AES in talks to sell major coal-fired power plant in Vietnam: sources
20 Nov 2023The plant's second-largest shareholder, South Korea's energy firm Posco International, told Reuters it was also considering selling its 30 per cent stake, but did not elaborate further. . ...Read More
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EXCLUSIVE-EBRD backs 3 bln euro plan to wean North Macedonia off coal power
20 Nov 2023Both of its coal-fired plants are ageing, outdated and run on lignite, the most polluting type of coal. A spokesperson for the World Bank's Climate Investment Funds (CIF) confirmed that North Macedonia was in the running for up to $85 million in concessional finance from it, . ...Read More
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Demand for coal increases during second half to 424 MT
20 Nov 2023Coal requirement for power generation in the second half of this financial year has increased to 424 million tonnes compared with 404 million tonnes projected earlier amid higher demand, . ...Read More
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China's energy output maintains steady growth
20 Nov 2023China's production of coal, crude oil and natural gas maintained steady expansion in the first 10 months of the year, official data showed. . ...Read More
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Central Vigilance Commissioner Visits Coal India
07 Nov 2023Kolkata, November 4, 2023: Coal India Limited, a Maharatna Company, has observed Vigilance Awareness Week (VAW) 2023 with a list of activities conducted from October 30 onwards. The VAW concludes on November 5, 2023. . ...Read More
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Ramaco Resources Acquires Commercial Development Rights for Revolutionary Coal-to-Products Process
02 Nov 2023SHERIDAN, Wyo.--(BUSINESS WIRE)--Following years of collaborative work, Ramaco Resources Inc. formally acquired a patent from the U.S. Department of Energy’s leading research institution, . ...Read More