Coal news and updates

Updated daily

• New Mangalore FY15 limestone imports drop 49%

  29 Apr 2015

  April 29: Imports of limestone through the port of New Mangalore dropped 49.46% to 29,743 tons dur... . ...Read More

• India to continue with coal block auctions - official

  29 Apr 2015

  The government will continue the process of auctioning coal blocks after successfully putting 33 m... . ...Read More

• Power tariffs based on negative price of coal will only dim the market

  29 Apr 2015

  If the input for a product is priced negative, or much below zero, for a period of 25 years, can t... . ...Read More

• Coal scam: Awaiting response on issue of sanction, says CBI

  29 Apr 2015

  CBI has informed a special court that response of competent authority was still awaited on the iss... . ...Read More

• Coal sector: Still an area of darkness

  29 Apr 2015

  The auctions do not inspire confidence. The entrants lack experience, even as we need to catch up ... . ...Read More

• Miner Cliffs says considering sale of North American coal business

  29 Apr 2015

  Coal and iron-ore producer Cliffs Natural Resources said on Tuesday that it was considering a sale... . ...Read More

• Biggest Coal Exporter Says Climate Change Won’t Strand Assets

  29 Apr 2015

  Glencore Plc, the top exporter of coal used in power stations, expects efforts to curb climate cha... . ...Read More

• Mechel aims to increase coal output after record loss

  29 Apr 2015

  Indebted Russian miner Mechel hopes to increase coal production by up to 15 percent this year afte... . ...Read More

• Coal industry set for shake-out after prices halve

  29 Apr 2015

  Commodity prices may have bounced from their recent lows, but that may not be enough to prevent a ... . ...Read More

• Australian steam coal prices firm up further

  28 Apr 2015

  April 28: Prices of Australian steam coal firmed up further on April 27 as traders, taking advanta... . ...Read More

• STC floats tender to sell off pledged met coke

  28 Apr 2015

  April 28: The State Trading Corporation of India Ltd (STC) has floated a tender for sale of around... . ...Read More

• MMTC’s CIL procurement bid to open on May 8

  28 Apr 2015

  April 28: The bid submission date against MMTC’s global tender to procure 0.754 million tons... . ...Read More

• ICVL acquires coal properties in Mozambique

  28 Apr 2015

  April 28: International Coal Ventures Limited (ICVL), a consortium of Steel Authority of India Lim... . ...Read More

• CIL spot e-auction sales down 22% in 2014-15

  28 Apr 2015

  April 28: After rising continuously for the last 5-6 years, the offerings and allotments of coal b... . ...Read More

• India’s FY15 coal production up 8.28% y-o-y

  28 Apr 2015

  April 28: India’s coal production during 2014-15 stood at 612.58 million tons (mt), up 8.28%... . ...Read More