Global thermal coal prices settling into $200/T range after volatile 2022
Global thermal coal prices are stabilising this year in a range near $200 a tonne that is less than half of 2022’s record highs, analysts and industry officials say, with rising supplies providing respite to consumers roiled by last year’s volatility.
Australia Rejects First Coal Mine Under Environmental Law
Environment Minister Tanya Plibersek announced her final decision on the Central Queensland Coal Project on Twitter on Wednesday, saying in a video that she had received more than 9,000 public submissions on the mine in just 10 business days.
Australian coal shipment to arrive at Chinese port as unofficial import ban ends
The resumption of the bilateral coal trademarks a significant improvement in relations, which hit a low point at the start of the pandemic after Australia pushed for an independent investigation into the origins of Covid-19, angering Beijing officials.
National Grid puts coal-fired power station on standby again
A coal-fired power station has been put on standby to produce electricity this week due to expected low winds and temperatures.
Coking coal narrows the gap on thermal as China reopens
Singapore-traded futures linked to the price of Australian coking coal SCAFc1 ended at $315.67 a tonne on Monday, up 21% since the end of last year and 56% higher than the 13-month low of $203 hit in August last year.
China-Australia relations: Beijing’s coking coal order another sign of thawing ties
Before the Lunar New Year, 80,000 tonnes of coking coal was ordered from the Moranbah North mine in Queensland to be shipped to China February/March.
Asia thermal coal prices slip as China, India buy less
Prices of the main traded grades for coal used in power plants dropped to their lowest in months last week, and to the weakest in a year in the case of one of the major Australian varieties.
North Asia cranks coal imports to fuel industry
Economic momentum in these countries – which collectively accounted for nearly half of all thermal coal imports in 2021 – was subdued in 2022.
Coal ash crackdown continues as EPA denies extensions for six power plants
Among other issues, the EPA determined some plant owners were placing monitoring equipment in locations that could deliver misleading results.