Category: World News

Port Waratah Scraps T4 Project

Port Waratah Coal Services have advised the Port of Newcastle that it intends to allow the Terminal 4 Agreement for Lease to lapse when it expires in August 2019. This means that Port Waratah does not intend to proceed with the...

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Australian Coal Prices Hit 6-year High

Australian thermal coal prices have risen to their highest level since 2012 as hot weather across North Asia spurs buying ahead of the peak-summer demand season. Spot prices for thermal coal from Australia’s Newcastle terminal...

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CIL Targets Significant Production Increase

Coal India Ltd. (CIL) Chairman and Managing Director Anil Kumar Jha said the company has set a production target of 652 million metric tons (mt) and a dispatch target of 681 million mt in the current financial year. This...

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Ukraine Imports More Coal

From January to May, Ukraine increased coal imports by 42.9% or 2.8 million metric tons (mt) compared to the same period in 2017, to 9.2 million mt. According to government records, the coal imports cost $1.2 billion, which is...

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Teck Ships Less Met Coal in the First Quarter

Canadian miner Teck Resources said its first quarter production and sales volumes for its metallurgical coal operations were negatively by logistical issues at Westshore Terminals. Orders from customers were in place to exceed...

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Ukraine Spends More for Imported Coal

From January to April, the value of Ukraine’s coal imports increased by 30%, to more than $1 billion, compared to the same period one year ago, according to Economic Unian. According to the latest government stats, 7.4 million...

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Ukraine’s Metinvest Refinances Debt

During late April, Metinvest, the vertically integrated steel and mining group of companies based in Kiev, Ukraine, refinanced its $2.3 billion of debt, by issuing two tranches of bonds and amending and restating its pre-export...

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Indian Coal Imports Rise After 2 Years of Decline

Indian coal imports increased 14% during fiscal year 2017-2018, reversing the declining trends in two consecutive previous fiscal years with portents of higher inward shipment of the dry fuel in the current year considering...

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China Coal Imports Tumble on New Rules

The Business Times reported that China’s decision to impose fresh restrictions on imports of coal at some ports appears to have caused a sharp fall in inbound shipments of the polluting fuel. The measures, announced on April 16,...

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Proposed Sanctions Impact Kazahk Coal

The Economic Times reported that the Bogatyr Komir coal mining joint venture between Kazakhstan’s state-run Samruk Energy and Rusal could face risks linked to U.S. sanctions against the Russian aluminum producer’s CEO Oleg...

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China to Cut Coal Production

China has committed to a goal of cutting 150 million metric tons (mt) of coal production capacity and will deepen supply-side reform with a focus on “zombie enterprise” withdrawal in 2018, according to China Daily. Read the...

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Adani Power to Shift Away From Imported Coal

Adani’s coal-fired power business has reported more heavy losses, prompting the Indian conglomerate to announce it would shift away from using imported coal, according to The Guardian. In its fourth-quarter 2018 earnings report,...

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Top 10 Coal Producing States

Week Ending 5/26/2018
(in Thousand Short Tons)
  YTD '18 YTD '17 % Change
Wyoming 122,605 123,008 -0.3
West Virgina 37,820 37,438 1.0
Illinois 19,890 20,277 -1.9
Pennsylvania 19,651 20,065 -2.1
Kentucky 17,005 18,160 -6.4
Montana 12,910 11,851 8.9
Texas 12,525 13,704 -8.6
Indiana 12,430 12,892 -3.6
North Dakota 10,679 11,124 -5.8
Colorado 6,801 6,366 6.8
U.S. Total 303,012 307,564 -1.5

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