Weekly global coal market news summary (Mar 29-Apr 2)

sxcoal.com General,  International 2021-04-02 14:40:46

Outlook of global thermal coal export still uncertain after setback in 2020, report

Global thermal coal exports have declined about 13% in 2020, reeling from the COVID-19 pandemic that resulted in slumps in demand and...


Indonesian thermal coal price growth eases despite tight supply

Indonesian thermal coal price increase showed signs of easing down despite supply tightness caused by strong rainfall, as high prices...


Australia's NCIG resumes ship loading at Newcastle

Australia's Newcastle Coal Infrastructure Group (NCIG), one of the two major Newcastle port operators, announced on March 31 that its...


Australia's NSW currently proposing to build 23 new coal projects

The Upper Hunter Valley is currently proposing several new coal mine projects with a combined production capacity of 98 million tonne...


Indian power utilities' thermal coal imports down for 4th mth in Feb

Indian power generators imported 3.41 million tonnes of thermal coal in February, down for the fourth straight month and hitting a ne...


It's challenging for India to reach carbon neutrality by 2050

India is setting a target to reduce its carbon emissions to zero by 2050, which is criticized by the international community as "unre...


CIL 2020-21 FY coal productions fall on 2nd yr

Coal India (CIL) produced 596.2 million tonnes of coal in April 2020-March 2021, falling 1% from 6.02 million tonnes a year ago, the ...


South Korea's energy transition faces arduous task in coal power reduction

The South Korean government announced recently it would issue a plan to cap its annual coal-fired power generation in April in order ...


Japan Feb coal imports fall 3.28% MoM

Japan imported 15.61 million tonnes of coal in February 2021, rising 8.08% from 14.45 million tonnes a year ago but falling 3.28% fro...


Canadian coal miner Teck fined $60m for river pollution

Canadian mining group Teck Resources Limited has paid a $60 million fine after pleading guilty in federal court involving pollution d...


South 32 may sell its thermal coal assets in S Africa after Q1

Australian miner South 32 said on March 29 that the company expects to complete the sale of its thermal coal assets in South Africa a...


Coal India's output expected to fall for 2nd yr

Coal India Ltd's coal production is expected to decrease by 5-6 million tonnes to below 600 million tonnes in the fiscal year 2020-21...


S African Exxaro Resources's coal production up more than 4% on yr in 2020

South African miner Exxaro Resources reported its coal output increased 1.86 million tonnes or 4.1% year on year to 47.45 million ton...


S Africa ranks top in G20 for coal-fired power reliance in 2020

Coal-fired power generation accounted for 86% of South Africa's electricity output in 2020, the highest proportion among the G20 coun...


SouthGobi Resources reports over $20 mln loss in 2020

SouthGobi Resources reported a net loss of $20.09 million in 2020, slumping from $4.2 million of profit a year earlier, the company s...


Turkey Feb thermal coal imports slump to 9-mth low

Turkey's thermal coal imports in February hit a nine-month low since June 2020, according to the country's statistical authorities....


Turkey Feb coking coal imports surge 32% YoY, Australian intakes 52%

Turkey's coking coal imports surged 31.88% on the year but fell 29.55% on the month to 486,600 tonnes in February, showed data from t...

(Writing by Emma Yang  Editing by Alex Guo)
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