Int'l thermal coal prices extend weakness amid tepid buying

International thermal coal market weakened last week, primarily attributed to lackluster demand from major buyers despite an expected supply contraction of some high-calorific value (CV) grades and ti

Indonesian thermal coal prices increase after China, but demand remains low

Indonesian thermal coal prices increased on the heels of an uptick in the Chinese domestic market, but the overall trading activity remained limited as increased shipping rates and lower Chinese yuan'

Newcastle thermal coal prices dip on limited impact of Mid-East conflict

Newcastle thermal coal futures dipped slightly, as concerns of energy supply tightness bubble due to Iran's recent retaliation against Israel has waned.On April 16, the May contract on the ICE was clo

Review: S Korea Mar coal imports plunge to nearly 1.5-yr low

South Korea's coal imports for March further decreased at an accelerated rate, reaching the lowest since October 2022, customs data showed.The country imported 8.23 million tonnes of coal in March, do

SouthGobi Resources reports 223% increase in 2023 coal sales

SouthGobi Resources Ltd, a key Mongolian mining company, said its coal sales reached 3.59 million tonnes in 2023, soaring 223% from a year ago, according to the company annual operational report.The c

S Africa's RBCT rail coal inflows rebound as derailment impact diminishes

Coal transportation volume by rail to the Richards Bay Coal Terminal (RBCT), South Africa's biggest coal export terminal, has substantially recovered following the decrease caused by a railway derailm

BHP reports strong growth in 3Qs thermal coal production

Mining giant BHP reported a 23% year-on-year increase in thermal coal production from its operations in New South Wales, Australia during the first nine months of the 2023-2024 financial year.BHP's th

Mongolia Mar coal output up 33.1% YoY; iron ore up 154.7%

Coal production of Mongolia came in at 8.21 million tonnes in March 2024, rising 33.08% year on year and 21.48% month on month, showed data from the National Statistical Office of Mongolia.The country

India urges power plants to boost operations to meet growing electricity needs

India has issued a government order instructing companies to extend operations of imported coal-based plants running at full capacity until October 15 in response to the anticipated high demand for el

(Writing by yan.sun  Editing by Harry Huo)
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