Coal news and updates

Updated daily

• New commercial mining policy won’t end Coal India’s monopoly, but might make it more competitive

  05 Mar 2018

  In the past week, the Cabinet Committee on Economic Affairs approved a methodology to auction coal... . ...Read More

• Cash-rich global miners eye India as coal sector opens up for private firms

  26 Feb 2018

  India’s decision to allow private and foreign companies to bid for coal mines without any en... . ...Read More

• European thermal coal traders change strategy as Q2/Q4 contracts flip into contango

  26 Feb 2018

  The front half of the CIF ARA thermal coal futures curve has shown a move into contango recently a... . ...Read More

• Government may allow only commercial mining of coal in future

  26 Feb 2018

  The government may in near future scrap the present system of allocating coal mines for captive us... . ...Read More

• Pvt coal firms could push up costs for Coal India: Morgan Stanley

  22 Feb 2018

  Morgan Stanley says India’s move to allow private firms to mine coal for commercial use to b... . ...Read More

• Glencore posts $9.8 billion in 2017 coal revenues, up 43%

  22 Feb 2018

  Diversified miner Glencore posted $9.8 billion in total coal revenues in 2017, up 43% from the pri... . ...Read More

• Commercial coal mining opened for private sector

  22 Feb 2018

  Opening up commercial coal mining for Indian and foreign companies in the private sector, the Cabi... . ...Read More

• Chinese coal and coke futures extend gains on restocking

  19 Feb 2018

  Chinese coking coal and coke futures rose for the fifth straight session on Wednesday as traders s... . ...Read More

• U.S. coal production, exports, and prices increased in 2017

  19 Feb 2018

  EIA expects total 2017 U.S. coal production to be 773 million short tons (MMst), 45 MMst higher th... . ...Read More

• Global thermal coal demand to outstrip supply, grow by 5% in 2018: Noble

  14 Feb 2018

  Powered by Asia's continuing demand, the global seaborne thermal coal market is expected to gr... . ...Read More

• Coal India target for power sector pegged at 513 mn tonnes for next fiscal

  14 Feb 2018

  Coal India will supply 513 million tonnes of coal and offer 12 million tonnes more via e-auction t... . ...Read More

• Coal India’s FSA realizations are a sore spot

  13 Feb 2018

  Coal India Ltd’s (CIL’s) December quarter consolidated net profit rose 4% to Rs3,005 c... . ...Read More

• China will crack down on illegal coal mining in 2018: safety watchdog

  13 Feb 2018

  China will carry out “special action” in 2018 to crack down on illegal coal mining to ... . ...Read More

• NTPC plans to borrow about ₹16,000 crore

  12 Feb 2018

  To generate 6,900 MW more power   State-run power giant NTPC may borrow about ₹16,000 c... . ...Read More

• Chinese coking coal, coke futures extend gains on restocking

  12 Feb 2018

  Chinese coking coal and coke futures rose for the fifth straight session on Wednesday as traders s... . ...Read More