Russia Adjusts Coal Taxation Framework Amid Industry Challenges for 2025
July 8, 2024
The Russian government has adjusted the previously proposed parameters for increasing coal production taxes from 2025…
Tag: Thermal Coal
Global Thermal Coal Markets Shift Sideways as Supply, Demand Fluctuate
July 8, 2024
The global thermal coal market has experienced a noticeable fluctuation in prices and demand over the past week, with key developments shaping the sector’s dynamics…
Newcastle Shipping Delays Reach 23-Month High Amid Protests and Weather Disruptions
July 3, 2024
The shipping queue at Newcastle, a crucial coal export port in Australia, has reached a 23-month high, with 31 vessels waiting as of July 2. This surge in shipping delays has been exacerbated by both climate protests and adverse weather conditions, significantly impacting operations at the port…
Canadian Railroad Labor Dispute Awaits Government Decision on Essential Freight
June 28, 2024
Labor negotiations between Canadian railroads and Teamsters Canada Rail Conference (TCRC) remain at a standstill as both parties await a critical decision from the Canada Industrial Relations Board (CIRB). The decision will determine whether essential freight must continue to be shipped in the event of a work stoppage…
Coal Supply to Richards Bay Disrupted Following Train Service Suspension
June 18, 2024
Coal deliveries to the Richards Bay port in South Africa are expected to face significant delays following a suspension of train services on the northern rail corridor…
Coal News & Price Data – June 17, 2024 – Expanded US Sanctions Deepen Strain on Russian Coal Industry
June 17, 2024
The United States Treasury Department has broadened its sanctions against Russian coal enterprises, including Elga, Coalstar, and the Mairykhsky open-pit mine…
US Coal Exports Expected to Rise in 2024
June 17, 2024
The United States is projected to increase its coal exports to 102.6 million short tonnes in 2024, up by 2.8% from the previous year, according to the Energy Information Administration’s (EIA) latest Short-Term Energy Outlook…
Expanded US Sanctions Deepen Strain on Russian Coal Industry
June 17, 2024
he United States Treasury Department has broadened its sanctions against Russian coal enterprises, which now includes Elga, Coalstar, and the Mairykhsky open-pit mine…
Coal News & Price Data – June 14, 2024 – US Coal Power Plant Retirements Set to Increase in 2025
June 15, 2024
The United States is set to experience a significant surge in coal-fired power plant retirements in 2025, dramatically reducing coal demand after a quieter 2024.
Russia to Export Coal to India via Iran’s Railway Network, Bolstering BRICS Connectivity
June 14, 2024
Russia has unveiled plans to export coal to India using the International North-South Corridor (INSTC), leveraging Iran’s railways, as announced during the BRICS transport ministers’ meeting at the 27th St. Petersburg International Economic Forum…
Downturn in China’s Thermal Coal Market Pressures Global Prices
June 14, 2024
China’s thermal coal import market exhibited continued sluggishness this week, prompting traders to reduce bid prices in utility tenders amid heightened selling pressure…
Tepid Demand in China Dampens Indonesian Coal Market Prospects
June 14, 2024
The Indonesian thermal coal market is currently experiencing subdued demand from its largest buyer, China, owing to an oversupply and significant price disparities that discourage transactions…