CO2 compressor at SaskPower’s Boundary Dam Power Station forced carbon capture shut down
The Richards Bay market gained $20 in the first week of 2019. Due to Indonesian coal export restrictions, they ran out of coal, and there were no ships to carry it between islands.
Indonesia’s energy ministry has already undertaken urgent negotiations with South Korea and Japan to ensure that high calorific coal is exempt from the embargo.
China’s coal shipments from Australia due to a severe coal shortage last year
While Indonesia’s decision in January to restrict thermal coal exports might have a short-term impact on China’s energy supply, the Lunar New Year break is expected to mitigate any long-term effects. Power exports have been suspended by the world’s largest coal exporter this month to avert severe power outages in the Southeast Asian nation. There […]
Indonesian coal miners demand an end to a government coal export ban
Coal miners in Indonesia want the government’s coal export ban quickly lifted since it has caused fuel costs to soar and threatens to disrupt the energy supply in some of the world’s most developed nations. Anxieties about its ability to satisfy its own electricity needs prompted Indonesia’s biggest thermal coal exporter, Indonesia, to threaten to […]
Coal is Dying at 3X speed: Government’s Transition Plan Needed!
According to a report released last week by the Australian Energy Market Operator, coal is likely to be totally phased out of Victoria’s electrical system by 2032, with most other parts of Australia not far behind. The research, dubbed the 2022 Integrated System Plan, confirms what many of us in the energy policy community have […]
Several Nations’ Steel Mills Unable To Operate, Reducing Demand For Thermal And Metallurgical Coal
Mining giant Glencore increased its commitment to achieving net-zero emissions objectives while remaining firmly rooted in the coal industry, a move criticized by environmentalists as terrible news for the planet’s future. Mining giant Glencore is one of the world’s biggest firms, featuring coal mines in its sprawling portfolio. Anglo American and BHP Group sold their […]
Chinese Coal And Iron Ore Importer, Took Over Isua Mining Project After London Mining Went Bankrupt
Earlier this month, Greenland announced that it had revoked a Chinese mining firm of its rights to an iron ore mine near Nuuk, striking a significant setback to Chinese efforts to establish a presence on the resource-rich Arctic island. When former owner London Mining went bankrupt, the Isua mining project was taken over by General […]
China’s State Administration Of Coal Mine Safety Estimated National Coal Output Might Rise By 600 Tons Per Day
Coal supply has soared, easing the electricity crisis that has held back output in China’s large manufacturers, and the country’s economy is finally receiving some positive news. National Bureau of Statistics (NBS) data shows that manufacturing activity in November rose from 49.2 in October to 50.1 in November, increasing by 0.1 percentage points. It was […]
Mining Tragedy Russia’s Deadliest Since 2010, In Same Area
Siberian authorities have put five persons in detention for two months in connection with the mining tragedy that killed more than 50 people earlier this week, reports the Siberian Times. It has been announced that three supervisors of the Listvyazhnaya coal mine have been sentenced to stay in detention until the end of January on […]
China’s $200 Billion Special Credit Facility To Boost Clean Coal Usage
Chinese authorities announced on Wednesday that they would establish a unique lending facility worth 200 billion yuan ($31.36 billion) to support the clean and efficient use of coal. The announcement came following an executive meeting presided over by Premier Li Keqiang and represents yet another significant financial support for the country’s carbon emissions reduction efforts. […]
Whitehaven Coal Lost 1.6% And New Hope 1% In A Somewhat Stronger Market
The announcement of a global agreement to cut coal use weighed on the shares of mining companies on Monday, but a lack of the commodity gave support for a sector that has made enormous gains so far this year. The UN climate negotiations in Glasgow finished on Saturday with a pact aimed at reducing fossil […]