Coal news and updates

Updated daily

• Coal India to invest Rs 5,900 crore, clears 3 projects of 40 mt capacity

  24 Aug 2015

  Coal India (CIL) cleared three projects with a total production capacity of 40 million tonnes and ... . ...Read More

• Odisha to get Rs 45,630 cr from first round of coal auctions

  24 Aug 2015

  The first round of coal auctions is likely to fetch the Odisha government a revenue of Rs 45630 cr... . ...Read More

• Neyveli Lignite Corporation Plans 600 MW of Solar Power

  24 Aug 2015

  As per the guidelines issued by the Indian government, public sector companies are implementing pl... . ...Read More

• Low-cost Indonesian coal in high demand in India

  24 Aug 2015

  With Indonesian coal prices falling to $59 per tonne (free on board), there is a new trend in fuel... . ...Read More

• Chinese thermal coal miner signals export intent with South Korea trip

  24 Aug 2015

  Weakness in China's domestic market and the recent devaluation of the yuan has encouraged ther... . ...Read More

• China Coal Energy July coal output down 13.4% on y-o-y

  24 Aug 2015

  China Coal Energy Co., Ltd., the country’s second largest coal producer, produced 9.05 milli... . ...Read More

• Xinjiang Hami finds 18.6 billion tons coal resources

  24 Aug 2015

  A total of 18.6 billion tonnes of coal resources have been found within the depth of 1,000 meters ... . ...Read More

• U.S. year-to-date coal production volume falls 8.7% y-o-y

  24 Aug 2015

  United States the world’s second largest coal producer has produced approximately totaled an... . ...Read More

• Central Appalachian coal train loadings climb to highest volumes since May: STB

  24 Aug 2015

  An increase in Central Appalachian coal train loadings for the week ended August 14 pushed nationw... . ...Read More

• Amid push to cut coal, feds review mine lease program

  24 Aug 2015

  The Department of the Interior is leasing millions of acres of federal coal to private mining comp... . ...Read More

• Union Pacific Slides to 52-Week Low on Persistent Coal Woes

  24 Aug 2015

  What Led to the Drop? The Omaha, NE-based railroad operator has been undergoing turbulent times,... . ...Read More

• FOB Newcastle Coal swaps hit fresh low, dipping below $42 a ton

  24 Aug 2015

   API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 2.20 per MT (-5.01%) month ... . ...Read More

• Shipping freight rates fall sharply on excess supply and low demand

  24 Aug 2015

  The BDI continued to soften and was down 5.78 pct and falls back below 1000 points this week. Th... . ...Read More

• Government May Offload 10% in Coal India in FY16

  21 Aug 2015

  The government may sell a 10 per cent stake in Coal India this fiscal year itself through a public... . ...Read More

• Green tax on Odisha coal washery projects

  21 Aug 2015

  The State Pollution Control Board (SPCB) has proposed levy of environment cess at the rate of Rs 1... . ...Read More