Morgan Stanley says Australia’s $14 billion thermal coal export industry can be part of the solution to the global emissions abatement challenge, as well as commanding premium pricing. Its twin call is based on the move towards new high-efficiency, low-emissions (HELE) coal-fired power...

Rio Tinto is selling its interest in an Australian coal mine for A$1 (US$0.75) — the latest transaction in the troubled coal sector agreed for less than the price of a cup of coffee. The Anglo-Australian miner said on Monday it was in discussions with Terracom, an Australia-listed junior...

South Korea’s coal consumption is expected to grow nearly 3 percent in 2016 from a year earlier, a report said Thursday, despite government efforts to cut back on coal-fired power generation to tackle growing concerns over fine dust. According to the report by the Korea Energy Economics...

JOHANNESBURG (miningweekly.com) – A greater-than-expected decline in global mine production, predominately in China, has prompted Fitch group company BMI Research to forecast higher coal prices. The research group now calculates that Newcastle coal will average $53/t this year, up on its...

MANILA, Philippines – Indonesia’s decision to stop coal imports to the Philippines could spell problems for the local power industry that relies on coal-fired power plants to supply electricity, the Department of Energy (DOE) said. The Philippines is heavily reliant on Indonesia for...

World demand for coal is expected to grow by 7 percent through 2030 as a result of emerging markets prioritizing cost effective energy production methods over environmental sustainability. India and Southeast Asia hold 26 percent of the world’s population but account for only 13 percent of...

Russian metallurgical coal producers are seeking to grab market share from Australian and US competitors in Asia, using the cost advantage and unique specifications their coals have over the rest, participants said at the Coaltrans Anthracite & Coking Coal event in Hong Kong...

Indonesia has cut domestic coal consumption targets in its latest 10-year electricity development plans, to bring the power sector in line with the country’s carbon emissions goals laid out at the COP21 meeting in Paris last year. While expected, the cuts will disappoint the...

BHP Billiton Ltd., the world’s biggest exporter of coking coal, sees long-term demand growth for steel-making ingredients supported by rising output in emerging economies led by India. The company lifted its coking coal production guidance for fiscal 2016 by 7.5 percent, forecasting rising...

Power plant pipeline will ensure coal assets are not stranded, says Switzerland-based commodity and trading company in first major climate report The world needs to slash greenhouse gas emissions, but don’t expect coal demand to radically fall as a result. That’s the nub of a...