China state planner finalizes rule to set up coal production reserve system
China’s state planner on Friday finalized a rule to set up a domestic coal production reserve system by 2027, aimed at stabilizing thermal coal prices and supplies to power plants.
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Visit: 62
Global coal power grew 2% last year, the most since 2016, survey says
The world’s coal-fired power capacity grew 2% last year, its highest annual increase since 2016, driven by new builds in China and decommissioning delays elsewhere, according to research published on Thursday.
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Visit: 55
Peabody falls as production issues, weather crimp coal sales
Peabody Energy Corp. shares sunk to the lowest in seven months after the biggest US coal miner warned that first-quarter sales will be lower than expected due to production issues at mines in Australia and weak demand in the US.
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Visit: 59
Polish government drops coal merger idea
Polish government is abandoning plans to separate coal-fired power plants into a special company and is considering merging them with mines, said Industry Minister Marzena Czarnecka in a interview published on Wednesday in Rzeczpospolita daily.
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Visit: 63
BMO drops anti-coal policy amid Wall Street rebuke of ESG
BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being labeled an energy “boycotter” in West Virginia.
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Visit: 37
BMO drops anti-coal policy amid Wall Street rebuke of ESG
BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being labeled an energy “boycotter” in West Virginia.
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Visit: 65
China’s coal price slump likely to persist until start of summer
Chinese coal prices are likely to keep falling until the start of the peak summer season, suppressing imports of the fossil fuel and taking a toll on the country’s miners.
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Visit: 56
Polish court allows Turow coal mine to stay open for now
A Polish coal mine near the Czech border will be able to continue operating for now, the state news agency PAP reported on Wednesday, following the latest in a series of contradictory court rulings.
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Visit: 78
US, Canada, Indigenous groups to collaborate on reducing river pollution from BC coal mines
The United States and Canada announced Monday they have agreed to cooperate to reduce and mitigate the impacts of water pollution from coal mines originating in British Columbia’s Elk-Kootenay watershed.
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Visit: 55
Senegal opposition coalition promises new currency and revamp of oil contracts
A Senegalese opposition coalition backed by popular firebrand Ousmane Sonko launched its presidential campaign platform on Saturday with promises to create a new national currency and renegotiate mining and energy contracts.
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Visit: 87
China coal group says peak demand imminent as clean power grows
China is rapidly approaching peak coal consumption, but the fossil fuel’s role in helping to address energy security concerns means its use will plateau for some time after that, according to the nation’s top industry association.
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Visit: 73
New US sanctions more likely to curb Indian imports of Russian coal
New US sanctions on Moscow are more likely than previous ones to cut Indian imports of thermal coal from Russia because they specifically cite top exporters SUEK and Mechel, three major traders of Russian coal said.
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Visit: 80
China’s top coal producing region tells miners to curb overproduction
China’s top coal-producing region of Shanxi has ordered miners to curb overproduction, according to a notice this week from authorities in the northern province, sparking a rally in coking coal futures on Wednesday.
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Visit: 82
JSW Steel in talks with Whitehaven for coal mine stake
India’s JSW Steel Ltd is in talks with Australian miner Whitehaven Coal for a stake in its Blackwater metallurgical coal mine, a source aware of the discussions said on Tuesday.
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Visit: 85
India’s plans to double coal production ignore climate threat
As climate diplomats at COP28 in Dubai debated an agreement to transition away from fossil fuels last December, India was facing another energy conundrum: It needed to build more power capacity, fast.
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Visit: 78
China’s coal king is catching up with its new battery champions
Mining News Pro - China’s battery giants are at the forefront of the global energy transition, but on the stock market they’re being outshined by the dirtiest fossil fuel.
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Visit: 69
Mexico finds first remains of coal miners lost in 2022 accident
Mining News Pro - Mexican authorities have located remains from two of the 10 coal miners trapped and killed at the El Pinabete mine in the state of Coahuila in August 2022, the government said in a statement on Thursday.
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Visit: 90
Replacing coal with biofuels in lime kilns not as ‘green’ as previously thought
The different chemical and physical properties of biofuels pose serious challenges to the idea of reducing carbon dioxide emissions from lime kilns, new research has found.
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Visit: 71
Peabody to resume output at Australia coal mine next quarter
Mining News Pro - Peabody Energy Corp. plans to resume production next quarter at its North Goonyella mine in Australia, which has been closed since a 2018 fire.
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Visit: 111
Coal financing is still booming
Mining News Pro - The amount of bank financing going to mining coal, the dirtiest fossil fuel of them all, remains at surprisingly high levels. Most of it is coming from China.
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Visit: 107
Glencore’s prized Canadian coal mines come with rising environmental scrutiny
Mining News Pro - A Glencore-led consortium’s successful $9 billion bid for Teck Resources’ steelmaking coal unit could face tougher environmental clean-up obligations, as water pollution from the mines comes under increasing scrutiny in the US and Canada.
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Visit: 90
Vitol funds to help restart Australia coal mine shut since 2007
Mining News Pro - Australian Pacific Coal Ltd. and its joint venture partner have agreed terms for $60 million funding from Vitol Asia Pte Ltd., allowing them to restart a coal mine in New South Wales that’s been shut for more than 16 years.
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Visit: 104
Australian company revives its push for a controversial coal mine in Alberta
Mining News Pro - A company whose application for a coal mine in Alberta was rejected two years ago is back – with a new name, and an updated request to explore its lease in the eastern foothills of the Rocky Mountains.
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Visit: 160
Esfahan Steel Company guarantees the future of Iran’s coal production
Mining News Pro - Chief executive of ESCO says that this company guarantees the future of Iran’s coal production.
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Visit: 133
Canada’s Lassonde ‘mystified’ by Teck choice of Glencore bid for coal unit
Mining News Pro - Canadian businessman Pierre Lassonde said on Wednesday that he is “mystified” by Teck Resources’ decision to sell its coal unit to a Glencore-led consortium for $9 billion because his group bid the same price.
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Visit: 175