
China to set up coal production reserve to stabilize prices
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday

China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday

Cold weather finally hit Europe over the last couple of weeks. This is a decent start to winter, but thermal markets have a lot of work to do.

India’s thermal coal imports in October 2023 picked up by 6% YoY to 160.8 million tonnes in January- November 2023

Central Coalfields (CCL) announced plans to expand its annual production capacity to 200 million tons in the next five years.

Mining group Exxaro Resources says seaborne thermal coal prices have remained under pressure for most of the year

The Dartbrook coal mine will resume production for the first time in 18 years after securing the $60 million from Vitol.

India aims to add 17 gigawatts of coal-based power generation capacity in the next 16 months

There has been a notable increase in coal mine accidents in China, at least 57 accidents have occurred in 2023, resulting in 160 deaths.

Eleven people lost their lives in a coal mine accident in China’s Heilongjiang province.


All these thermal coal mines are owned by a range of different coal companies, so what do they share in common?

India needs to add thermal coal-based power generation capacity of 80 GW against the 27 GW currently under construction.