Coal news and updates

Updated daily

• Coal India Q3 net rises 69%

  01 Feb 2023

  Kolkata: Coal India’s (CIL) profit after tax (PAT) during the third quarter of the ongoing fiscal rose 69% to Rs 7,719 crore from Rs 4,557 crore in the year-ago period. The steep rise in profit came on the back of higher add-on over-the-notified price in e-auction sale of 14.6 million tonne (MT) coal during Q3 of 2022-23. . ...Read More

• Economic Survey 2022-23: Production of coal to cross 900 million tonnes next financial year

  01 Feb 2023

  Coal production for the next financial year (2023-24) is estimated to increase to 911 million tonnes, about 17 per cent higher than the previous year, according to the Economic Survey 2022-2023. . ...Read More

• US renewable energy farms outstrip 99% of coal plants economically

  01 Feb 2023

  Coal in the US is now being economically outmatched by renewables to such an extent that it’s more expensive for 99% of the country’s coal-fired power plants to keep running than it is to build an entirely new solar or wind energy operation nearby, a new analysis has found. . ...Read More

• Serbian state-owned Resavica starts open-pit drilling at Soko coal mine after April blast

  01 Feb 2023

  January 31 (SeeNews) - Serbian state-owned company Resavica has started open-pit drilling at Soko coal mine in the south of the country, near the city of Sokobanja, which will enable production until all conditions for safe underground exploitation are met following an explosion in April, the energy ministry said on Tuesday. . ...Read More

• China gets burned as Mongolia breaks coal link

  31 Jan 2023

  Mongolian government yielded to citizens outraged over corruption but Chinese ask, ‘Why take it out on us?’ . ...Read More

• Auctioned Coal Blocks To Generate Annual Revenues Of Rs 20,000 Crore For States, Create 2 Lakh Jobs: Govt

  31 Jan 2023

  The Ministry of Coal has said that once the auctioned coal blocks are operational, they will generate more than Rs 20,000 crores to the states as annual revenue and lead to direct and indirect employment of more than two lakh. . ...Read More

• EU coal rebound smaller than feared in 2022 energy crunch

  31 Jan 2023

  EU solar generation increased by a record 24%, or 39 TWh, last year - helping to fill a supply gap exacerbated by French nuclear plants being idled for maintenance, and a climate change-fuelled drought that cut hydropower output. . ...Read More

• First Australian coal cargoes since end of ban to enter China in Feb

  31 Jan 2023

  SINGAPORE, Jan 30 (Reuters) - China is set to receive at least two cargoes of Australian coal in early February, according to traders and shiptracking data, the first since an unofficial ban on imports in place since 2020 was lifted earlier this month. . ...Read More

• Xinjiang increases coal output by 25% in 2022 to ensure energy supply

  30 Jan 2023

  URUMQI -- Northwest China's Xinjiang Uygur autonomous region posted strong growth in coal output in 2022 as it moved to ensure the country's energy supply. . ...Read More

• Govt asks utilities to not retire coal-fired power plants till 2030

  30 Jan 2023

  'It is advised to all power utilities not to retire any thermal units till 2030 and ensure availability of units after carrying out renovation and modernisation activities if required' . ...Read More

• Kyrgyzstan increases coal production in 9 months of 2022

  30 Jan 2023

  Kyrgyzstan | economy | January 30, 2023 / 10:23 AM. Kyrgyzstan increases coal production in 9 months of 2022. . ...Read More

• Indonesia sees record coal exports of more than 500 million tonnes in 2023

  30 Jan 2023

  JAKARTA (Reuters) - Indonesia plans to produce 695 million tonnes of coal this year and sees exports of 518 million tonnes, Energy and Mineral Resources Minister Arifin Tasrif said on Monday, a level that would mean record shipments out of the country. . ...Read More

• China Energy reportedly places order for Australian coal

  25 Jan 2023

  China unofficially banned the commodity after diplomatic relations with Australia broke down in 2020 over Covid-19 . ...Read More

• Christian Climate Action protests at coal giant's AGM

  25 Jan 2023

  We know that GCM is determined to build a huge coal mine in Bangladesh on agricultural land and the local people have made it clear that they don't want GCM there." Holly-Anna Petersen, 34, a mental health therapist and member of Christian Climate action (CCA), was speaking outside the London AGM on 18 January of GCM Resources, formerly Global Coal Management, which is planning to build a giant coal mine in Phulbari, Bangladesh. . ...Read More

• Column: North Asia cranks coal imports to fuel industrial reboot: Maguire

  25 Jan 2023

  LITTLETON, Colo. Jan 24 (Reuters) - Thermal coal imports into China, Japan and South Korea - three of the world's largest coal users - hit their highest combined total in 16 months in December as the North Asian manufacturing powerhouses primed their economies for growth in 2023. . ...Read More