Coal news and updates

Updated daily

• Cabinet may take up coal price pooling today

  30 Oct 2014

  The Cabinet is likely to take up coal pricing pooling this evening. Power plants are staring at a ... . ...Read More

• Govt to introduce coal regulator Bill in Winter Session

  30 Oct 2014

  The government would introduce a Bill in Parliament for setting up an independent watchdog for the... . ...Read More

• Coal auction: Indiabulls set to bid for coal blocks

  30 Oct 2014

  Indiabulls Power plans to bid for coal blocks being auctioned and has no plans to bring in a strat... . ...Read More

• Coal verdict hits CESC QIP

  30 Oct 2014

  Manages to raise $80 million after reducing the issue size from $150 million; investors concerned ... . ...Read More

• Electorsteel Castings petitions apex court over quashing of coal blocks

  30 Oct 2014

  Electorsteel Castings Ltd said that it has filed petition before the Supreme Court on cancellation... . ...Read More

• Seaborne iron ore lump spot prices climb to 7-month high on prompt demand

  30 Oct 2014

    Spot prices of seaborne iron ore lump rose to the highest in seven months, driven by a sc... . ...Read More

• Steel-making coal market could be balanced by mid-2015 -Teck

  30 Oct 2014

  The steel-making coal market, where prices have plunged to seven-year lows due to oversupply, coul... . ...Read More

• Fuhai Group Invests $1.2b in Jambi Steel Mill

  30 Oct 2014

  The Fuhai Group, a Chinese conglomerate, is investing $1.2 billion in an industrial estate in Suma... . ...Read More

• Mahanadi to move coal via road; rise in fuel prices likely

  30 Oct 2014

  First, Union Coal Minister Piyush Goyal curbed e-auction sales of coal, triggering protests from t... . ...Read More

• China puts halt on all small coal projects

  30 Oct 2014

  China will no longer grant permission for new coal mining projects with designed annual capacities... . ...Read More

• Indonesian coal producers cut costs to sustain profits as prices fall

  30 Oct 2014

  Indonesian thermal coal producers are focusing on cutting costs in a bid to remain profitable amid... . ...Read More

• Transnet scraps coal terminal after making up with BHP Billiton

  30 Oct 2014

  Transnet SOC Ltd., South Africa’s state-owned ports and rail operator, has scrapped plans to... . ...Read More

• Steel-making coal market could be balanced by mid-2015: Teck

  30 Oct 2014

  The steel-making coal market, where prices have plunged to seven-year lows due to oversupply, coul... . ...Read More

• Teck Resources ‘solid’ despite slumping coal market

  30 Oct 2014

  Teck Resources Ltd. does not expect the miserable steelmaking coal market to turn around in the ne... . ...Read More

• Denmark wants to be coal-free by 2025

  30 Oct 2014

  Denmark is looking into how the country can stop using coal as an energy supply by 2025, the Clima... . ...Read More