Coal price surge justified by China’s dynamics, for now
How much of the current surge in thermal coal prices in Asia is because of a fundamental shift in the supply-demand balance, and how much is down to speculative froth? Continue Reading
US coal train loadings increase to year-high mark: railroads
US coal train loadings volumes have remained strong, and increases this week across all the major basins pushed totals to a new year-high mark. Data filed by the four major Continue Reading
Booming thermal coal price on China demand cheers miners
Australian thermal coal prices for spot cargoes above $100 a tonne, lifted by reports of strikes and strong Chinese demand, are providing a boost in earnings and share prices for Continue Reading
Russian scientist says leave coal in the ground
Nearly all of the world’s coal reserves and 30 percent of its oil should be left alone in order to keep climate change at bay, a Russian scientist said. Mikhail Continue Reading
Energy Department Faces Pressure Over Power Study
U.S. Energy Secretary Rick Perry at a clean energy conference in Beijing in June. Energy Secretary Rick Perry faces stepped-up pressure from environmental groups over a power grid study that Continue Reading
America’s Other Coal Job, Ignored by Politicians, Is Dying Fast
Coal-fired power plants are shutting down or shedding staff Trader sees coal ‘going to zero’; workers cite safety risks A couple months ago, Donald Trump was cheering a new coal Continue Reading
Coal production gains slowing, U.S. report finds
Coal is in the rise in the first months of the Trump presidency, but renewable energy showing momentum in its own right. File photo by Kevin Dietsch/UPI Aug. 9 (UPI) Continue Reading
Australia’s North Queensland Jul coal exports rise 9% on year to 12.24 mil mt: NQBP
Exports of coal from the metallurgical coal dominant region of North Queensland, Australia, totaled 12.24 million mt in July, up 9% year on year but down 4% from June, North Continue Reading
Under Trump, Coal Mining Gets New Life on U.S. Lands
The Trump administration is wading into one of the oldest and most contentious debates in the West by encouraging more coal mining on lands owned by the federal government. It Continue Reading
Weekly US coal production estimate highest since February: EIA
Weekly US coal production totaled an estimated 16.1 million st in the week ended July 29, up 4.4% from the prior week and up 13.1% from the year-ago week, US Continue Reading