Singapore — The Indonesian Coal Mining Association and China National Coal Association have signed a memorandum of understanding in Jakarta to strengthen cooperation in the coal mining sector. "The collaboration framework is certainly in line with the government's efforts to...

LAUNCESTON, Australia, May 23 (Reuters) - How’s this for a study in contrasts: One of the world’s biggest coal miners effectively says the industry is dying just days after Australia’s opposition party suffered a shock election loss, partly blamed on its failure to unambiguously...

BHP is looking to add more oil, copper and nickel resources to its portfolio, while souring on thermal coal because it thinks the fossil fuel will be phased out, “potentially sooner than expected”. BHP’s chief financial officer, Peter Beaven, told investors and analysts in a...

MELBOURNE (Reuters) - Australia’s re-elected Prime Minister Scott Morrison once brandished a lump of coal in parliament, crying, “This is coal - don’t be afraid!” His surprise win in what some dubbed the ‘climate election’ may have stunned the country, but voters...

There were further signs that the low-calorific value (CV) Indonesian physical coal market was coming under pressure today, with bids and offers starting to edge lower amid weaker demand from key buyers China and India. The actively traded GAR 4,200 kcal/kg (NAR 3,800 kcal/kg) market saw an...

BEIJING (Reuters) - China’s National Coal Mine Safety Administration said it has set a production cap of 8 million tonnes of coal a year for each mine deemed to be at risk from so-called “bumps”. As part of the measure to improve safety, capacity expansion on such mines will...

Publicly listed coal miner PT Bukit Asam (PTBA) will complete feasibility studies for its coal gasification project in Sumatra in May. Following PTBA’s plan to build two coal gasification plants in Sumatra, company president director Arviyan Arifin said he expected the studies to be...

Asia has witnessed five major financial institutions announcing exit policies from coal-fired power plants over the last six weeks, signalling an acceleration away from coal financing into renewable-energy projects in the Asia-Pacific region. Singapore’s big three banks – DBS Group...

London — The rise in met coal prices in Asia-Pacific markets this week is also tightening relative price variations between FOB Australia and coking coal markets in China. The rise in met coal prices in Asia-Pacific markets this week has tightened the spread between the FOB Australia and...

For the first time since 1882, when the first coal-fired power plant started running in the UK, the country has gone coal-free for a full week, according to the National Grid's Electricity System Operator (ESO). And Britain is now on course to generate electricity with zero carbon by 2025,...