Coal news and updates

Updated daily

• India unlikely to get U.S. exemption on steel, aluminium tariffs-sources

  09 Jun 2023

  A worker observes an electric furnace inside a steel factory on the outskirts of Jammu February 12, 2018. Picture taken February 12, 2018. REUTERS/Mukesh Gupta . ...Read More

• GRAPHIC-Lower European gas prices encourage switch from coal

  09 Jun 2023

  LONDON/PARIS, June 8 (Reuters) - Lower European wholesale natural gas prices due to swelling inventories and weak industrial demand have encouraged utilities to switch to gas from coal to generate electricity in a reversal of behaviour last year. . ...Read More

• Coal Ministry issues vesting orders for 22 mines

  09 Jun 2023

  The Ministry of Coal on Thursday issued vesting orders for 22 auctioned coal blocks, which are expected to attract a capital investment of Rs 7,929 crore. . ...Read More

• South Africa’s Climate Commission advises government to move away from coal power

  09 Jun 2023

  The commission also said that gas power should be reduced, with a maximum of 5GW of gas-fired plants being built in the coming years. . ...Read More

• Higher renewable energy generation to cut coal reliance this summer, says EIA

  09 Jun 2023

  Power generation through natural gas, which remains the primary source in the electric power sector, is expected to grow 3 per cent this summer (June to August), helped by additional capacity and favorable fuel costs, the EIA said on Thursday.Updated On Jun 9, 2023 at 08:09 AM IST . ...Read More

• Union Cabinet Approves Continuation Of Central Sector Scheme Of ‘Exploration Of Coal And Lignite Scheme’

  08 Jun 2023

  New Delhi: The Cabinet Committee on Economic Affairs (CCEA) chaired by the Hon’ble Prime Minister Shri Narendra Modi today approved the continuation of the Central Sector Scheme of “Exploration of Coal and Lignite scheme” with an estimated expenditure of Rs. 2980 crore from 2021-22 to 2025-26 co-terminus with the 15th Finance Commission cycle. . ...Read More

• Surplus Coal Heading for Chinese Market

  08 Jun 2023

  The oversupply of coal globally and continued subdued demand have pushed sellers and traders from exporting nations to bank on China, the world's largest consumer, to absorb excessive volumes. . ...Read More

• US thermal coal exports decline 34.2% on month in April: Census

  08 Jun 2023

  April saw US thermal coal exports sink to a three-month low amid high European stockpiles and low demand from Asia markets. . ...Read More

• It’s Terribly Hot in China, But Coal Prices Still Have Room to Fall

  08 Jun 2023

  Despite scorching heat boosting power demand as fans and air conditioners get switched on, Chinese coal hasn’t been this cheap in over two years — and it could get even cheaper. . ...Read More

• World sees China as potential coal destination amid oversupply, fragile demand

  07 Jun 2023

  The oversupply of coal globally and continued subdued demand have pushed sellers and traders from exporting nations to bank on China, the world's largest consumer, to absorb excessive volumes, an analysis by S&P Global Commodity Insights showed. . ...Read More

• India will not face any shortage of coal in 2023, says Coal minister Pralhad Joshi

  07 Jun 2023

  India will not face any shortage of coal this year even during the monsoon, Coal and Mines Minister Pralhad Joshi said on Tuesday. No matter what is the demand this year, the government is prepared to meet the same, the minister said at a conference on underground coal mining here. . ...Read More

• Starmer vows to avoid mistakes of coal mine closures in shift to green energy

  07 Jun 2023

  Sir Keir Starmer vowed not to repeat the mistakes made when coal mines closed when challenged over plans to ban new oil and gas extraction licences in the North Sea. . ...Read More

• Teck receives several proposals for coal unit amid Glencore takeover bid

  07 Jun 2023

  The logo for Canadian mining company Teck Resources Limited is displayed above their booth at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 7, 2023. REUTERS/Chris Helgren . ...Read More

• Bowen Coking Coal raises $50m to back Burton growth

  06 Jun 2023

  Bowen Coking Coal is adding $50 million to its coffers and will use the cash to maintain momentum in its Burton complex ramp-up near Moranbah. . ...Read More

• Coal Use Set to Drop in Europe’s Power Mix as Weather Moderates

  06 Jun 2023

  • • Mediterranean to face cooler temperatures than usual in June . ...Read More