Weekly global coal market news summary (Jul 27-Jul 31)

sxcoal.com General 2020-07-31 14:58:41

Japan Jun coking coal imports near record low

Japan's coking coal imports remained less than 5 million tonnes in June, despite a mild rise of 0.59% compared with last month, accor...

 

Indonesian unprocessed metal exports "on borrowed time", including coal

As Indonesian government is encouraging local processing to buttress its economy, exports of unprocessed coal and other ores would be...

 

Chinese import thermal coal market remains dull, bearish sentiment simmering

Chinese seaborne import market of thermal coal was still stagnating with broadly no trades seen over the trading day, further darkeni...

 

CIL's coal supply to non-power sector surges 203% over Apr-Jun

Coal India Ltd.'s coal dispatch under e-auction to non-power sector soared 203% from 2.2 million tonnes a year ago to 6.66 million to...

 

India H1 coal output falls 1.5%

India registered a 1.5% year-on-year drop of 1.5% in coal output to 406 million tonnes from January to June, showed preliminary data ...

 

India plans to produce 1 bln T of coal by 2023-24 FY

India plans to realize one billion tonnes of coal production in 2023-24 fiscal year, while aiming to lower coal imports to zero, said...

 

Rio Tinto H1 underlying earnings down 4%, but still better than expectation

Leading global mining group Rio Tinto logged a 4% yearly drop in underlying earnings to $4.75 billion in the first six months of 2020...

 

Cerrejon expects coal exports to decline 21% in 2020

Cerrejon, one of Colombia's large coal exporters, forecast its coal exports in 2020 to drop around 21% year on year to 20.5 million t...

 

Arch Resources suffers nearly $50 mln loss in Q2

Arch Resources, one leading coal producer in the US, incurred a net loss of $49.3 million in the second quarter of 2020, the company ...

 

U.S. 2019 coal output hits the lowest since 1978, EIA

U.S.'s coal production fell 7% year on year to 756 million tonnes in 2019, notching the lowest since 1978, when coal production was s...

 

Canadian Teck Resources cuts coking coal output goal for 2020

Teck Resources, Canada's largest mining company, said its coking coal production guidance for this year would be cut down, due to the...

 

Thailand Jun thermal coal imports fall to the lowest this year

Thailand's thermal coal imports (including bituminous and sub-bituminous coal) in June slid significantly by 54.06% year on year and ...

 

Vale Mozambique H1 coal production falls nearly 30% YoY

The output of Moatize coal mine, located in Mozambique under Brazilian miner Vale, tumbled by nearly 30% year on year in the first si...

 

S Africa's May thermal coal exports rebound from record low

South Africa's thermal coal (bituminous coal) exports increased by 65.12% from an over 6-year low in April to 6.57 million tonnes in ...


(Writing by Emma Yang  Editing by Jessie Jia)
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