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Weekly global coal market news summary (Jan 28-Feb 3)

sxcoal.com International,  Thermal Coal,  Coking Coal 2023-02-03 16:27:15

Indonesia 2023 coal exports to surpass 500 Mt, minister

Indonesia plans to produce 695 million tonnes of coal in 2023 and forecasts exports at 518 million tonnes, Energy and Mineral Resourc...

 

India looks to more than double coking coal production by 2030

India, the world's second-largest steel producer, has several initiatives underway to increase domestic raw coking coal production to...

 

Glencore 2022 coal output rises 6.5%, 2023 guidance unchanged

Global mining giant Glencore said on February 1 its coal production rose 6.5% in 2022, driven by its Cerrejon mine in Colombia. ...

 

Australia's Blackwater railway expected to restart on Feb 9

Australia's largest rail freight operator Aurizon is expected to resume coal transportation of its Blackwater railway on February 9, ...

 

Australia plans nine coal rail closures between Hunter Valley and Newcastle in 2023

There will be nine maintenance closures this year for coal rail network between Hunter Valley and Newcastle port, but the impact on t...

 

Indonesian thermal coal prices head lower on ample supply

Indonesian thermal coal prices declined on February 1 as supply is expected to be sufficient for the first quarter of this year, acco...

 

Mongolia's ETT organizes training related to online coal trading for export

Mongolia's largest state-run miner Erdenes Tavantolgoi JSC (ETT) will organize training on February 1 to ensure the implementation of...

 

Infographic | S. Africa coal exports in Dec 2022

Infographic | S. Africa coal exports in Dec 2022

 

Mongolian coal export policy changes add uncertainty to China-bound flows

Changes in Mongolian coal selling price and sales patterns are putting uncertainty to the exports to its largest destination China in...

 

Australian coal shipments return to Chinese market

China is ready to receive coal imports from Australia as several shipments have arrived or been en route to China, a strong indicatio...

 

HSBC Bank to stop financing new met coal mines

HSBC Holdings Plc will stop providing finance for new metallurgical coal mines, according to an updated energy policy on December 202...

 

BHP mulls an early closure of its coal mine in NSW

The mining giant BHP is reportedly considering closing its Mt Arthur coal mine, in New South Wales, in advance of its 2030 target. ...


(Writing by Tammy Yang  Editing by Emma Yang)
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