Global coal use to hit record in 2024, plateau through 2027, IEA

Global coal consumption is set to reach a new all-time high in 2024 from the previous record seen in 2023 to 8.77 billion tonnes, the International Energy Agency (IEA) said in its annual coal market r

Int'l thermal coal prices extend weak run amid low demand

International thermal coal prices generally weakened further due to tepid buying from main users and relatively loose supply. Chinese and Indian buyers were not eager to take positions. Coal burns for

Indonesian thermal coal price decline may continue as Chinese utilities cancel tenders

Indonesian thermal coal prices are likely to further decline, after major power utilities from its top buyer China suspended or canceled tenders amid strong inventory coverage.One state-run Chinese ut

Indonesia's VAT increase may add production costs to coal miners

The Indonesian government plans to increase the value-added tax (VAT) rate from the current 11% to 12%, which is expected to elevate operational cost and lead to higher coal prices, Kontan reported.Th

Review: India Oct coal imports snap losing streak

India's coal imports rebounded in October after falling for two consecutive months, as Indian buyers tried to stock up ahead of holidays and peak hours for coal consumption during winter.The country i

Indian coal demand expected to increase by 2.6% annually to 1.42 Bt by 2027, IEA

Indian coal demand is expected to increase by 2.6% annually to 1.42 billion tonnes by 2027, with growth across all coal grades.Although China is the world's largest coal market, India is expected to b

Workers launch a 24-hour strike at Australia's Gladstone port on Dec 17

Union workers launched a 24-hour strike on December 17 at Gladstone port, a key coal and liquified natural gas hub in Australia, with similar port strikes spreading across the country, according to lo

Mongolia Nov rail coal shipments up for 2nd mth

Mongolia's railway-carried coal shipments were registered at 1.58 million tonnes in November 2024, up 5.29% from the previous month, marking the second consecutive month of growth, showed data from th

Mongolia Nov coal output down 1.2% MoM; iron ore falls 2.1%

Mongolia's coal production reached 8.83 million tonnes in November 2024, rising 5.62% year on year yet declining 1.21% month on month, showed data from the National Statistical Office of Mongolia.The

Russian Kuzbass Jan-Nov coal production down 8%, exports down 12% YoY

Russia's top coal base Kuzbass produced 180.3 million tonnes of coal in January-November 2024, down 8% year on year (YoY), according to data released by the Ministry of Coal Industry through Telegram

Russia's railway crew shortages cripple coal exports

A shortage of locomotive crews poses a major challenge for Russia's rail cargo deliveries for exports, which worsened in the early summer this year, with significant implications for coal transportati

U.S. coal output estimated to rise 6.12% WoW in wk ending Dec 14, EIA

Coal production in the U.S. was estimated to continue increasing in the week ending December 14, according to data from the Energy Information Administration (EIA) on December 19.The estimated output

Review: S Korea Nov coal imports fall to 5-mth low

South Korea's coal imports declined for the third consecutive month in November, hitting a record low in the past five months.The country imported 8.96 million tonnes of coal in November, up 0.48% yea