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NEWCASTLE THERMAL COAL
India's coal crunch adds to import cost woesThe power ministry also called for higher imports to meet the shortage of domestic supplies, according to a ministry document. This means t...- India's coal imports are shifting, thermal more than cokingRussia is the world's third-largest coal exporter and it's expected that many buyers, especially in Europe and Japan, will stop importing f...
- China to keep daily coal output at more than 12 million tonnes amid global price surgeBenchmark spot thermal coal prices at Newcastle Port have soared 35% over the past week to a record $353.75 a tonne, stoked by fears of wor...
- Fossil fuels' price boom isn't the victory it might seemOne of the biggest drivers for growth in renewable power’s energy share over the past decade has been flat or declining electricity demand....
- International coal prices to stay firm: Fitch RatingsFalling mining investment, which partly reflects tighter environmental policies at banks, and a steady demand in Asia is expected to keep p...
- India's outback coal bets sour as global prices recoverAdani Enterprises, controlled by billionaire Gautam Adani, agreed to buy a coal tenement in the Galilee from Linc Energy Limited.
- Coal's resilience today will prove its ultimate downfallThe International Energy Agency said that coal demand would remain essentially flat until 2022.
- Indian coal demand to remain tepid: India-RatingsIndia Ratings feels that government’s policies on large seaborne trade and persistent substitution to renewable energy are likely to have a...
- Australian banks may still want to fund Adani’s disputed coal projectSBI funding pledge under lens after foreign banks pull out on Greenpeace pressure.
- Falling global prices, low freight rate to impact CIL’s e-auctionAustralia’s Newcastle prices are down to $56 a tonne — almost 70% lower than the ruling prices some seven years ago.
- Power deficit rises to 7.5% in May 2012 as against 6.5% last yearPower generation grew by 5.2% y-o-y while the plant availability factor increased by 6.3% y-o-y due to higher availability of coal from Coa...
- Global coal prices: Oversupply, changing fuel usage could keep prices lowWhile the global oversupply situation is not likely to improve in the near term, most experts reckon that coal prices may not fall much fro...
- Coal prices: Bottoming outThe recent fall in international coal prices seems to have run its course. It may stagnate here for a while, but one shouldn't expect the f...
- Global coal prices cool, but weak rupee worries importersPower cos that use imported coal have got a respite from skyrocketing fuel costs but the depreciation of the rupee has limited their gains.
- CIL refers plan to buy 15% in US company's Australian project to coal min; stock upThe Coal India board has referred the proposal to pick up a 15% stake in US-based Peabody Energy's $600-million Wilkie Creek mining project...
- CIL refers plan to buy 15% in US company's Australian project to coal minThe Coal India board has referred the proposal to pick up a 15% stake in US-based Peabody Energy's $600-million Wilkie Creek mining project...
- Coal's 30% rise likely to outpace oil, gas this yearCoal may outpace oil and gas this year, rising more than 30% to a record, as demand from China and India accelerates.
- Australia Newcastle coal exports jump 22 percentCoal exports from Australia's Newcastle port jumped 22 percent from the previous week to a six-week high, while the number of ships arrivin...
- JP Morgan raises 2008 coal price forecastJP Morgan has forecast 2008 thermal coal contract prices between Australian miners and Japanese utilities will jump by over 60 per cent, ci...
- SA coal sales to India seen rising 30-fold this yearSouth Africa’s Richards Bay Coal Terminal, the world’s biggest coal-export facility, expects a 30-fold surge in sales to India this year, i...
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