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Newcastle thermal coal prices strengthen on coal-exit protest
Newcastle thermal coal prices continued to rise, nearing the psychological level of $130/t, driven by supply concerns as protest calling for coal exit is set to blockade the world's largest coal port.
Indonesia to start coal levy collection in Jan, coking coal excluded
Indonesia plans to start collecting levies from coal miners beginning in January in an effort to maintain steady domestic supply, Minister of Energy and Mineral Resources Arifin Tasrif said on Novembe
Mongolia's coal exports hit record 60 Mt
Mongolia has exported 60 million tonnes of coal, with 40 days left until the end of 2023, hitting a historical high, local media reported.The volume surpassed the government's initially projected 50 m
India's power demand surge drives coal imports
The rapidly increasing power consumption in India, driven by growing industrial and residential usage, led to a surge in coal imports for thermal power plants.Domestic thermal power utilities with a c
Russian coal exports to China could reach 100-102 Mt in 2023
Russian coal exports to China could reach 100-102 million tonnes in 2023, roughly a 50% increase compared with the year-ago level, Pyotr Bobylev, department director of Russian Energy Ministry, said o
S Africa's coal export prices go higher by logistics challenges
Thermal coal exports from South Africa have been impacted by logistical constraints, which could bolster prices ahead of the winter season, Montel reported, citing industry experts.Vinesh Chetty, head
Germany's coal exit plans come under question as energy crunch bites
Germany's commitment to phase out coal by 2030 is facing growing doubts, as the largest economy in Europe has become vulnerable to energy crisis since it cut Russian gas due to the conflict in Ukraine
Russia Jan-Oct coal output up 0.3 YoY; exports rise 3.9%
Russia churned out 360.4 million tonnes of coal in January-October 2023, reflecting a slight increase of 0.3% or 1.2 million tonnes on the year, according to the country's energy ministry.Coal exports
Indonesia unveils $20 bln plan to mobilize energy transition
Indonesia started a plan on November 21 to tap $20 billion from global financing to help decarbonize its power sector, Reuters reported.The funds were pledged by the U.S., Japan and other developed gl
Transnet halts coal truck at Richards Bay terminal amidst congestion
South African state-owned logistics giant Transnet announced the suspension of coal truck processing at its Richards Bay terminal in a bid to address the chaotic influx of trucks and restore operation
(Writing by Rebecca Liu Editing by Harry Huo)
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