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India's demand lent some support to Indonesian thermal coal prices, which have showed signs of declining after Chinese buyers stayed away from the market to avert the recent surge in shipping costs.
Shanxi miners saw coking coal inventories pile up this week amid persistent weak buying interests from downstream users, sxcoal.com has learned.
Coking coal inventories at a Changzhi-base
Net profit of coal giant Anglo American climbed 3% year on year to $30.9 billion, said the firm its yearly report released on March 2.
The profit attributable to shareholders slumped 41%
Guangdong, China's top province in GDP, has rolled out a trial plan, valid for three years, to accelerate renewable energy use in power generation so as to ensure the completion of its target given by
China's coking coal market was running stable as a whole in February with prices of most types largely unchanged. Due to the Lunar New Year holiday over February 11-17, purchases from downstream buyer
ArcelorMittal swung to a net profit in the fourth quarter in 2020, according to the company's financial report.
The leading steelmaking and mining group reported a net profit of $1.21 bil
Coal exports from the Dalrymple Bay Coal Terminal (DBCT) in Australia's Queensland fell 18% from 67 million tonnes in 2019 to 55 million tonnes in 2020, showed data from Dalrymple Bay Infrastructure (
China's domestic spot thermal coal market showed signs of pickup, as the sentiment was boosted by the futures market, which has been rising for days. Factors like emerging demand and limited availabil
Sentiment in China's metallurgical coke market further weakened after Hebei set an ambitious air pollution control target for 2021.
The top steel province aims to reduce pollutants by mor
State Grid Corp of China, the largest power grid operator in China, unveiled its carbon neutrality plan on March 1, as part of a drive to promote green transition in the country.
The stat
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Data showed coal stocks at the six coastal power groups were 15.52 million tonnes, up from 15.42 million tonnes a week earlier; their coal consumption combined rose from 536,000 tonnes to 585,900 tonn
China's coal-fired power generation capacity grew
4.7% YoY to 1.25 TW in 2020.Grid-connected wind power generation capacity
surged 34.6% to 281.53 GW; solar power capacity
increased 24.1% to
Coal consumption share in China's energy mix declined from 60.4% in 2017 to 57% in 2020, according to a conference release on February 25, beating its target of 58% for the 13th Five-Year Plan period.
China will keep a firm grip on building new coal-fired power capacity as part of a drive to deepen its green energy transition, according to a document issued by the State Council.
But th
China's coal consumption gained 0.6% YoY in 2020, the 4th straight year of increase,NBS data showed on Feb 28. However,the share of coal consumption in
energy mix declined to 56.8% in 202
Indonesian thermal coal prices dropped slightly in the Chinese seaborne import market on a lack of demand as high freight rates, due to a surge in freight rates for Supramax and Panamax vessels, are c
Central China's Hunan province held 3.28 Mt
of thermal coal used for power generation on Feb 24, enough to cover 20 days of
usage, local energy bureau said.
Colombia's coal exports fell 25.8% WoW to
1.14 Mt on Feb 24, Kpler cargo-tracking data showed.
China's state council is urging local governments to strengthen grips on safety measures in the mining industry, according to a government notice issued on February 24.
The notice stresse
Coal in
China's energy mix drops to 57% in 2020, beating 13th Five-Year target
Coal consumption share in China's energy
mix declined from 60.4% in 2017 to 57% in 2020, according to a conferenc
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