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11.12.24 - 11:06
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World Coal Demand And Exports Set For New Record High In 2024 (ZeroHedge)
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World Coal Demand And Exports Set For New Record High In 2024
By Tsvetana Paraskova of OilPrice.com
The world's consumption and exports of thermal coal are expected to rise this year from 2023 to hit fresh record-highs, according to export and power generation data cited by Reuters columnist Gavin Maguire.
Coal-fired electricity generation has increased so far this year by 2% compared to 2023, to hit new highs as power demand in emerging markets grows. Coal power emissions are also set to rise to a record high in 2024, according to data from energy think tank Ember quoted by Maguire.
Moreover, global exports of thermal coal – the type used in coal power plants – have also climbed this year, due to rising demand in India and China in particular.
The world's thermal coal exports rose by 9 million metric tons between January and November 2024 compared to the same period of last year, per vessel-tracking data by commodity analysts at Kpler.
Indonesia, the largest coal exporter in the world, ...
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10.12.24 - 13:13
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Global thermal coal exports and power use to hit new highs in 2024: Maguire (Reuters EN)
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RPT-COLUMN-Global thermal coal exports and power use to hit new highs in 2024: Maguire The opinions expressed here are those of the author, a market analyst for Reuters. By Gavin Maguire LITTLETON, Colorado, Dec 10 (Reuters) - Global exports and use of thermal coal will reach all-time highs in 2024, despite the record roll-out of renewable energy generation capacity across all major continents....
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10.12.24 - 04:46
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China′s coal imports rise 26% in November (Reuters EN)
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China's coal imports rise 26% in November BEIJING, Dec 10 (Reuters) - China's coal imports rose 26% to 54.98 million metric tons in November, customs data showed on Tuesday. For the period from January to November, imports rose 14.8% to 490 million metric tons, according to the General Administration of Customs. Reporting by Colleen Howe and Mei Me...
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09.12.24 - 11:26
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Ukraine steel output jumps, but possible coking coal loss clouds outlook (Reuters EN)
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Ukraine steel output jumps, but possible coking coal loss clouds outlook KYIV, Dec 9 (Reuters) - Ukraine has increased its steel production so far in 2024 by 23.1% to 7 million metric tons, data from the country's steel producers union showed on Monday, but the possible loss of a key coking coal mine makes the outlook uncertain. Steel production has suffered since Russia's invasion of Ukraine on Feb....
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09.12.24 - 06:04
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NLC India rises after agreement for coal mine (Reuters EN)
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BUZZ-NLC India rises after agreement for coal mine ** Shares of NLC India NLCI.NS rise 2.9% to 274.10 rupees ** Mining and power generation firm signs development and production agreement for New Patrapara South Coal Mine in Odisha ** Coal mine has total geological reserve of 720.87 mln tonnes, peak rated capacity of 12 mln tonnes per year ** Stock...
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09.12.24 - 05:45
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Seismic event sparks fire, stops operations at Russian coal mine (Reuters EN)
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Seismic event sparks fire, stops operations at Russian coal mine Dec 9 (Reuters) - A seismic event sparked a fire and halted operations at the Alardinskaya mine in southwestern Siberia, Russian officials and news agencies said on Monday. Russia's ministry of emergency services said that 120 miners have been evacuated from the mine in Russia's vast coal region, the Kuznetsk Basin known as Kuzbass, with two of them requiring medical assistance....
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06.12.24 - 17:52
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Jobs report deep dive: Mostly candy, with some coal mixed in (Reuters EN)
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LIVE MARKETS-Jobs report deep dive: Mostly candy, with some coal mixed in Main U.S. equity indexes rise; Nasdaq out front, up ~0.7% Consumer disc biggest S&P sector gainer; energy weakest group Euro STOXX 600 index up ~0.2% Dollar, gold, bitcoin rise; crude off ~1.5% U.S. 10-Year Treasury yield edges down to ~4.17% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters....
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06.12.24 - 13:12
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Ukraine′s key coking coal mine still operating as Russians close in (Reuters EN)
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Ukraine's key coking coal mine still operating as Russians close in KYIV, Dec 6 (Reuters) - A coal mine in the eastern Ukrainian town of Pokrovsk, the sole domestic supplier of coking coal to the steel industry, continues to operate as Russian troops approach, an industry source said on Friday. Ukrainian military analyst DeepState said Russian troops were less than 7 km (4.4 miles) from Pokrovsk's outskirts....
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05.12.24 - 08:48
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HMS Bergbau: Jede Menge Kohle (Boersengefluester)
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Bei diesem Smallcap ist irgendwie alles anders: Das fängt schon beim zuletzt ausgewiesenen Umsatz von knapp 1,30 Mrd. Euro an, der so gar nicht zu den im Spezialwertebereich sonst üblichen - sehr v......
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03.12.24 - 10:45
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Polish utilities slip on coal assets uncertainty (Reuters EN)
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BUZZ-Polish utilities slip on coal assets uncertainty ** Shares in Polish state-owned utilities PGE PGE.WA , Enea ENAE.WA and Tauron TPE.WA slide on Tuesday on uncertainly over the plans for separation of their coal assets ** Local daily Dziennik Gazeta Prawna reported that instead of coal assets separation, the government focuses on companies reorganisation and individual transformation scenarios for them ** The coal assets spin-off was first mulled by the previous government, which aimed to bu...
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03.12.24 - 06:32
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KPI Green Energy rises on solar plant order from Coal India (Reuters EN)
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BUZZ-KPI Green Energy rises on solar plant order from Coal India ** Shares of solar power company KPI Green Energy KPIG.NS rise 2.6% to 799.40 rupees ** KPIG gets order for setting up 300 MW alternating current solar photovoltaic plant, including operation and maintenance for 5 years, from Coal India COAL.NS ** Project will be executed at Khavda in...
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