Traders in China may face risks in importing and reselling imported thermal coal into the country, as yet-to-be-unveiled stricter restriction measures are believed to hit imports of low-quality coal.
China's coking coal exports will probably increase in April, as major steel importers worldwide have to seek substitute amid a supply shortage of Australian coking coal, experts predicted.
China will speed up utilization of industrial waste heat and shallow geothermal energy to replace coal consumption in the future, authorities said in a recent summit.
"By 2020, China will
China's southeastern coastal province of Fujian imported 347,700 tonnes of coal via its Zhangzhou port over January-April, increasing 18.67% on the year, showed the latest data from Zhangzhou Entry-Ex
China will close its only offshore coal mine in October, which has been in operation for more than 30 years, as the government toughens its efforts to phase out excess production capacity.
coal market seen in 16 Mt oversupply in 2017
The global coal market is forecast to hit
an oversupply of 16 million tonnes this year as production increase, Reuters
reported on May 14,
Thermal coal miners in northern Shanxi suffered weakening sales amid environmental check, and some of them reduced coal prices by 10-20 yuan/t under mounting i
China's top economic planner, the National Development and Reform Commission (NDRC), pledged to eliminate low-quality steel and optimize steel industry structure.
The central government s
Capital city Taiyuan of northern China's Shanxi province pledged to dismantle 638 coal-burned boilers within a limit time, announced the municipal government in a statement recently.
Prices of thermal coal further edged down at southern China ports, as no signs of improvement were seen in demand.
Trades remained flat and dropping prices at production bases and norther
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The global coal market is forecast to hit an oversupply of 16 million tonnes this year as production increase, Reuters reported on May 14, citing Noble Resources chief coal analyst.
Indonesia, the world's top thermal coal
exporter, could increase production of the fuel used in power stations by 5% in
2017 and 2018, Reuters reported on May 14, citing the country's leading coal
China is determined to gain some ground on its key battlefield - addressing industrial overcapacity, Xinhua reported.
The phasing out of sub-standard production capacity will continue, es
China's Hebei province is not properly enforcing policies to cut pollution or reduce chronic overcapacity in major industrial sectors like steel and coal, Reuters reported, citing the environmental bu
Indian conglomerate Adani Group plans to begin extracting coal from the $16.5 billion Carmichael project in Australia in 2020-21, PTI reported on May 14, citing ChairmanGautam Adani.
China and India have surpassed the United States to become the two most attractive countries for renewable energy investment, Reuters reported on May 16, citing a report by UK accountancy firm Ernst &
Beijing-Tianjin-Hebei area, China's major high-tech and heavy industrial base, will speed up achieving "zero" coal-burning in this place, announced the Ministry of Environmental Protection (MEP) in a
A report by the Indian government indicates the country will double its coal output to 1.5 billion tonnes by 2020, Power Engineering reported on May 16.
As the world's third largest coal
Colombia's coal output increased 3% to 22.2 million tonnes in the first quarter of this year, compared with the same period in 2016, the National Mining Agency said in a statement on May 16.
Investors in China and India increasingly dominate ownership of coal reserves amid campaigns for divestment in many rich nations to limit the risks from climate change, Reuters reported, citing a stud