Coal news and updates

Updated daily

• Coal revival seen fading as India’s rising output trims imports

  13 Aug 2015

  India’s surging coal output is dealing a blow to chances of a revival in global prices as th... . ...Read More

• India to have excess coal if government hits fuel production target

  13 Aug 2015

  India is likely to see an oversupply of 400 million tonnes of coal if the government achieves its ... . ...Read More

• Cheaper Saudi petroleum coke lures Indian buyers over US material

  13 Aug 2015

  Deals for imported fuel grade petroleum coke were few and far between as buyers continued to scout... . ...Read More

• 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