Coal Market News

India warns of fuel-supply cuts to utilities if coal imports delayed

18 May 2022 | Source: Reuters

NEW DELHI, May 18 (Reuters) - India's power ministry on Wednesday said it would cut domestic fuel supply to state government-run utilities by 5% if they do not import coal for blending by June 15, as officials struggle to address ....

Read more >

Collaboration needed to make South African mining globally competitive again

18 May 2022 | Source: Mining Weekly

JOHANNESBURG (miningweekly.com) – Concern about mineral resource scarcity is widespread and, at the same time, many countries, such as Australia, Canada and China, are investing significantly in strengthening their mining-related rese....

Read more >

China to inject $1.5 billion to help state coal-fired power firms

13 May 2022 | Source: Reuters

SHANGHAI : China has pledged to inject 10 billion yuan ($1.5 billion) into its coal-fired power firms to provide financial relief and support their efforts to guarantee power supplies, state media said late on Wednesday, citing a ....

Read more >

India lets coal mines hike output without feedback

13 May 2022 | Source: Times of India

NEW DELHI: India's environment ministry has allowed coal min .. Read more at: http://timesofindia.indiatimes.com/articleshow/91486611.cms?utm_source=contentofinterest&u....

Read more >

China April coal imports soar, driven by panic orders in early March

10 May 2022 | Source: Reuters

China's coal imports surged 43% in April from March, driven by panic buying over concerns of supply disruptions stemming from Russia's invasion of Ukraine. China shipped in 23.55 million tonnes of coal last month, da....

Read more >

US thermal coal experts hit one-year high in March : Census

09 May 2022 | Source: S&P Global

Thermal coal exports rose to a one-year high of 3.4 million mt in March amid disrupted global trade flows after Russia's invasion of Ukraine, US Census Bureau data showed May 5. The volume was 19.4% higher than the previo....

Read more >

Australia's Coronado flags high met coal demand from Europe ahead of Russian ban

27 Apr 2022 | Source: Reuters

Australia's Coronado Global Resources on Wednesday flagged heightened requests for metallurgical coal from existing and new European customers ahead of a European Union (EU) ban on Russian coal imports in August. European and Asian coa....

Read more >

EXCLUSIVE India's big industrial states plan massive coal imports to stave off shortages

22 Apr 2022 | Source: Reuters

NEW DELHI, April 21 (Reuters) - Three of India's most industrialised states plan to import 10.5 million tonnes of coal in coming months as officials scramble to arrest widespread power cuts, a move that could push global coal prices to....

Read more >

India's coal shortage could become another stagflationary shock, says Nomura

21 Apr 2022 | Source: Money Control

Coal inventories held by power plants have nine days' worth of stock as of mid-April and are much lower than the average stock of 17 days held in April over the last five years, the brokerage added. Amid the country's power utilities strugg....

Read more >

South Africa coal exports to EU jump tenfold in April

20 Apr 2022 | Source: Montel

(Montel) South Africa’s coal exports to EU destinations have surged tenfold so far this month versus the same period last year as European utilities ramp up purchases amid efforts to replace Russian volumes, vessel tracking data showe....

Read more >