Weekly global coal market news summary (Nov 18-Nov 22)

Int'l thermal coal prices mixed amid multiple factors

International low-CV thermal coal prices increased last week due to rainfall-disrupted coal supply in Indonesia and rising import costs in China. High-CV thermal coal prices faced pressure from reduce

Nations promises no new unabated coal-fired power at COP29

25 nations and the EU made promises to not to install unabated coal-fired power plants in their next round of national climate plans for reducing uses of fossil fuel, according to the report from Bloo

Indonesia to slash coal-fired power plants to 1/3 of the overall mix by 2040

Indonesia, the world's largest coal exporter, is planning to reduce coal-fired power to 33% in its energy mix by 2040 and raise the renewable energy production to 42%, a senior minister said.Indonesia

Indonesia's 2024 coal output surpasses target, eyes 800 Mt

Indonesia's coal production has exceeded its 2024 target ahead of schedule, reaching 711.37 million tonnes as of November 15, 100.19% of the annual plan of 710 million tonnes, according to data from M

India's coal-fired power plants to miss pollution targets again

India's coal-fired power plants are poised to miss critical pollution reduction deadlines again, exacerbating the severe smog covering most parts of the country, Bloomberg reported.About three-quarter

Review: India Sep coal imports down further to 19-mth low

India's coal imports continued to decline in September, hitting the lowest since March 2023, as coal demand, particularly for power generation used in air conditioning, remained curbed and domestic co

Russia's Elga port launches 1st coal train

Russia's Elga port, under construction on the coast of Okhotsk in Khabarovsk Krai, launched its first freight train, consisting of 20 railcars loaded with coal, along its newly built 531-kilometer pri

Russia plans to bolster coal supplies to China, says Novak

Russia is ready to beef up its coal exports to China since the potential has not been exhausted, Tass reported, citing Russian Deputy Prime Minister Alexander Novak at the Sino-Russian cooperation for

Australia's New Hope Aug-Oct raw coal output jumps 65.1% on yr

Australian miner New Hope Corp. reported its raw coal production reached 4.04 million tonnes over August-October, jumping 65.1% year on year and 19.9% from a quarter earlier, according its quarterly f

Mongolia Oct rail coal shipments up 9.6% MoM

Mongolia's railway-carried coal shipments were registered at 1.92 million tonnes in October 2024, up 9.57% from the previous month, showed data from the National Statistical Office of Mongolia.The shi

Mongolia Oct coal output up 10.9% MoM; iron ore rises 21.0%

Mongolia's coal production hit 8.94 million tonnes in October 2024, rising 10.88% year on year and 10.91% month on month, showed data from the National Statistical Office of Mongolia.The country produ

Vietnam's coal-fired power plants to run at high utilization in 2025

Coal-fired power plants in Vietnam are anticipated to run at high capacity utilization in 2025 to meet the country's growing power demand, Reuters reported, citing the government statement on November

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