Weekly global coal market news summary (Mar 11-Mar 15)

sxcoal.com General,  International 2024-03-15 17:20:31

Summit Focus | Mongolian border crossings to easily handle 100 Mt in next 5 yrs

Total capacities of Mongolia-China border crossings will reach over 225 million tonnes in the coming five years, easily handling 100 million tonnes of coal, Jargalsaikhan ZOLJARGAL, executive director

 

Summit Focus| India's coal consumption expected to surpass 1.5 Bt by 2030

India's coal consumption is projected to reach 1.5 billion tonnes by 2030, driven by robust power demand, said industry expert during the China Coal Import International Summit held on March 8.Abhi Ba

 

Summit Focus | Australian met coal output to rebound in 2024

Australia's metallurgical coal output is expected to further recover in 2024, as new mines commence operation, said a senior analyst with Wood Mackenzie during the China Coal Import International Summ

 

Summit Focus | Russian coal exports face lingering challenges

Russia's coal exports would continue to encounter challenges, an expert noted at the China Coal Import International Summit held on March 8.Sam Shen, general manager of Shanghai ELSI International Tra

 

Mongolian coking coal prices decline amid cautious buying

Mongolian coking coal prices moved downward this month at China's largest inland border port of Ganqimaodu, reflecting a cautious approach by downstream users amid falling domestic prices.Mongolian 5#

 

Int'l thermal coal strengthens as supply tightness extends

International thermal coal market strengthened last week, backed by continued tight supply from Russia due to the sanctions against major miners. Seaborne freight rates also reached new highs as oil p

 

Coal India achieves record coal production, surpasses previous year's output by 24 days

State miner Coal India Limited (CIL) has announced a record-breaking coal production of 703.91 million tonnes for the fiscal year up to March 7, outpacing the previous year's total of 703.2 million to

 

PTBA resumes coal rail shipments after flyover collapse

Indonesia's miner PT Bukit Asam (PTBA) announced it has resumed coal railing activities, following a flyover collapse that disrupted its coal rail operations in South Sumatra on March 7.On March 14, t

 

India Jan coal power generation and emissions refresh records

India's coal-fired electricity generation reached an all-time high in January, with coal accounting for a record-breaking 80% of the country's power mix, making it the second-largest coal user after C

 

India to cover 874-Mt coal demand in power sector in FY25, coal minister

India's coal ministry aims to meet the power sector's coal demand of 874 million tonnes in the fiscal year 2024-25 (April 2024-March 2025), according to its coal minister Pralhad Joshi.Joshi stated th

 

(Writing by yan.sun  Editing by Harry Huo)
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