Russia’s War Has Sparked A Coal Renaissance
It appears that the decline of coal, the dirtiest of all the fossil fuels, has been somewhat exaggerated in recent years, with the current energy shortage causing demand to soar. Continue Reading
Canada’s Ridley Terminals coal exports fall 44.5% on year
Met exports at six-year low for corresponding month Thermal coal shipments decrease 23.5% on month Coal exports from Ridley Terminals in British Colombia dropped to 373,310 mt in March, down Continue Reading
Pakistan looks for alternatives as South African coal remains out of bounds
Pakistan eyeing countries like Afghanistan, Tajikistan Domestic coal shortage hurts power supply CFR Pakistan 5,750 kg/kcal NAR coal at $366.05/mt April 20 Thermal coal buyers in Pakistan are looking for Continue Reading
India’s big industrial states plan massive coal imports to stave off shortages
Three of India’s most industrialized 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 Continue Reading
India eyes Russian coal offered at steep discounted price amid domestic shortage
Few cargoes of Russian coal traded to India: sources Russian 5,500 kcal/kg NAR FOB at $60/mt discount to Newcastle coal Indian stockpiles dwindling, sufficient for 8 days of the burn Continue Reading
China’s daily coal output in March hits record high
China’s coal output rose 15% in March from the same month a year ago, with daily production climbing to a record, as Beijing urged miners to crank up operations to Continue Reading
China’s Banks Are the Last Big Players in Coal Company Financing
As the planet lurches toward catastrophic levels of warming, China’s biggest banks have been ratcheting up their financing of the dirtiest fossil fuel of all: coal. Chinese lenders have helped Continue Reading
China’s Q2 met coal supply seen limited, coking sector’s stocks dip: sources
China’s metallurgical coal supply is expected to remain limited in the second quarter of 2022, as coking sector’s inventories deplete and Mongolian coal suppliers face logistical hurdles, industry sources said Continue Reading
US coal exports to reach 3-year high amid war in Ukraine: EIA
Production estimated at the highest level since 2019 Gas loses stack share to coal amid high prices Pointing to supply disruptions amid Russia’s war in Ukraine, the Energy Information Administration Continue Reading
The EU’s Coal Ban Could Create A Domino Effect In Global Energy Prices
EU ban on Russian coal may lift prices of natural gas and electricity outside of Europe. China’s demand for thermal coal is rising amid a push for energy security. The Continue Reading