JOHANNESBURG – Standard Bank has committed to reducing exposure to thermal coal over time. The lender said in its Thermal Coal Mining Policy which was published on Thursday that the group would not finance mountain top removal mining activities. The policy was published after...

Singapore — Indonesian thermal coal suppliers and shipping companies are growing increasingly concerned as the May 1 implementation of a requirement to use local ships for exports draws closer, as the government has yet to define what it means by Indonesian-controlled ship, market sources...

Singapore — China's removal of port construction fees for all import and export goods and a 20% reduction in all other government port charges over March 1 to June 30 could spur a modest uptick in seaborne coal trading activity and reduce costs for end-users, market sources said...

LAUNCESTON, Australia, March 3 (Reuters) - Asia’s seaborne coal markets stumbled in February and it appears the coronavirus outbreak in China may dodge most of the blame, with the weakness concentrated in other major importers of the polluting fuel. South Korea’s imports of both...

BlackRock World Mining drops coal from remit – in conjunction with the release of BlackRock World Mining’s annual report for 2019, the board has had a rethink about its benchmark and examined the trust’s ESG credentials. The managers have decided that, across their business, they...

JPMorgan Chase pledged on Tuesday to facilitate $200 billion in environmental and economic development deals and will pull back from advising and lending to the coal-mining industry. The new targets, disclosed in presentations for the New York-based bank’s annual investor day, mark an...

Indonesian coal miners may lose buyers because of a regulation that requires coal exporters to only use domestic shipping companies and insurance services, experts have warned. The head of the marketing and logistics department at the Indonesian Coal Mining Association (APBI) Hendri Tan said...

Mongolia will resume coal exports to China on 3 March, restoring a key source of coking coal imports after a four-week halt. The border has been closed after a 10 February decision to halt all commodity border crossings in a bid to prevent a further spread of the coronavirus within...

Potential private investors have sought more clarity on the pricing mechanism proposed for the much-anticipated auction for commercial coal mining. In three separate meetings with Union coal ministry officials, some industry personnel also pointed out that the efficiency parameters specified by the...

Miners have welcomed proposed changes to Indonesian mining rules under a new law aimed at boosting investment, though critics are concerned that the changes could underpin an expansion in polluting coal and threaten environment protection. President Joko Widodo’s sprawling “Job...