Coal news and updates

Updated daily

• Thar coal: Pak Mining firm arranges funds from Chinese, local banks

  13 Aug 2015

  Sindh Engro Coal Mining Company (SECMC) would achieve financial close of the coal extraction proje... . ...Read More

• How Japan pushes coal on the world

  13 Aug 2015

  The world’s attention fell on a Japanese power plant yesterday, as technicians turned on a n... . ...Read More

• Glencore floats $2b refinance plan for Wiggins Island Coal Terminal

  13 Aug 2015

  The Wiggins Island Coal Export Terminal has received a potential financial lifeline as its largest... . ...Read More

• US coal carload volumes reach highest total since March: AAR

  13 Aug 2015

  Coal carload volumes originated on US railroads stayed above the 100,000 mark for the third straig... . ...Read More

• FOB Richards Bay Coal swaps continue falling

  13 Aug 2015

  API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined month over month and week over ... . ...Read More

• The rates for capes kept rallying last week

  13 Aug 2015

  Strong Capesize performance kept supporting the Dry Bulk market last week, which noted another pos... . ...Read More

• Coal auction 3.0 kickstarts with only non-power blocks

  12 Aug 2015

  The third phase of auction started with two non-power blocks going under the hammer. Marki Mangli-... . ...Read More

• Cabinet May Consider Coal India Stake Sale Proposal on today: Report

  12 Aug 2015

  The Cabinet may consider on Wednesday a 5-10 per cent stake sale in Coal India that could fetch up... . ...Read More

• OMC may get commercial coal mine from Centre

  12 Aug 2015

  State owned Odisha Mining Corporation (OMC) may get to operate a commercial coal block for supply ... . ...Read More

• Bharat Aluminium Company moves Delhi High Court on coal mine bid rejection

  12 Aug 2015

  Bharat Aluminium Company (Balco), a Vedanta group firm, has approached Delhi High Court against th... . ...Read More

• Adani coal mine project: India expresses disappointment to Australia

  12 Aug 2015

  India has conveyed its disappointment to Australia over the derailing of mining giant Adani's ... . ...Read More

• FOB Newcastle Coal swap flat week over week

  12 Aug 2015

  API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 0.98 per MT (-2.20%) month over m... . ...Read More

• Australian coal industry faces financial squeeze

  12 Aug 2015

  The ongoing decline in thermal coal prices is hitting the financial strength of Australia’s ... . ...Read More

• Inner Mongolia Ordos July coal sales up 2.6% y-o-y

  12 Aug 2015

  Coal-rich Ordos in the northern autonomous region of Inner Mongolia sold 43.82 million tonnes of c... . ...Read More

• Shaanxi Jan-Jul coal output down 7.14% y-o-y

  12 Aug 2015

  Northwestern China’s Shaanxi province, the country’s third largest coal mining base,... . ...Read More