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Indonesia thermal coal prices face downward pressure
Indonesian thermal coal prices have been negatively impacted by weak demand from China, where utility tenders for seaborne imported coal registered a significant decline in offer prices from traders
China and India's energy dilemma: balancing demand, renewables, and fossil fuels
China and India, two of the world's major economies, are facing a significant challenge in their energy sectors. Despite their efforts to expand renewable energy generation, the rapid growth in energy
Indonesia approves additional production quotas for miners
Indonesian authorities have officially confirmed the approval of additional production quotas for several mining companies, though details were not immediately clear, sources said.The Directorate
Newcastle thermal coal prices plummet nearly 4% to 3-mth low
Newcastle thermal coal prices have plummeted to their lowest in three months, hit by a decrease in energy consumption and expectations of increased wind power in Europe.The ICE Newcastle coal contract
Anglo American's Q3 met coal output down 21% YoY
Global miner Anglo American produced 4.36 million tonnes of metallurgical coal in the third quarter of 2023, falling 21% year on year but rising 30% from the previous quarter, its latest quarterly
Coal output in Russia's Kuzbass down 1.4% YoY in Jan-Sep
Coal production in Russia's key producing area of Kuzbass declined 1.4% or 2.3 million tonnes from a year ago to 160.2 million tonnes during January-September of 2023, according to the Ministry of Coal.
India extends operation of imported coal plants in response to supply-demand challenges
The Indian government has extended the operation of power plants reliant on imported coal by eight months in response to escalating challenges in the Indian power sector due to high electricity
India's coal imports exceed Rs 3.85 lakh crore despite decreased share in consumption
India's coal imports remained high, surpassing Rs 3.85 lakh crore ($459.42 billion) in expenditure last year, leading to significant foreign exchange outflow, the government said on October 19.
India's coal output up 12.7% YoY as of Oct 21; stocks rise 18.1%
India's coal production recorded a 12.73% year-on-year growth in the month as of October 21, the ministry of coal said in a statement.Coal output from Coal India Ltd (CIL) increased 11.80% from a year
Mongolia's Sep coal output jumps 101.2% YoY; iron ore rises 31.6%
Coal production of Mongolia came in at 7.94 million tonnes in September this year, surging 101.23% year on year but dipping 0.04% month on month, showed data from the National Statistical Office of Mongolia.
Germany's hard coal imports decrease for 5th mth in Aug
Germany imported 1.61 million tonnes of hard coal in August, falling 6.67% from a month ago, marking the fifth straight month of decline, according to preliminary data from German Statistics Bureau.
Canada Aug coal exports rebound
Canada exported 3.34 million tonnes of coal in August, falling 4.78% year on year but rising 34.84% month on month, official statistics showed.The export was valued at $909 million in the month,
(Writing by Rebecca Liu Editing by Harry Huo)
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