The price of coal used in power stations in Asia has fallen to its lowest level in three years due to fading demand in India and China, the two biggest coal consumers. Having surged to $120 a tonne last summer, the Australian benchmark seaborne price of thermal coal has fallen 44 per cent to $61...

SHANGHAI (Reuters) - Chinese financial institutions provided at least $1 billion in “green” financing to coal-related projects in the first half of this year, a review of financial data showed, with fossil fuels still playing a major role in Beijing’s energy strategy. According...

If India is such a bright hope for global coal demand, why can’t investors see it? The country will experience the largest increase in coal burning through 2023, according to the International Energy Agency, with a 3.9% annual pace of growth that should be enough to offset falling...

Singapore — India is stepping up efforts to raise the share of gas in its energy basket, but consumption is unlikely to move ahead at a pace the government is aiming for as infrastructural and pricing hurdles erode its competitiveness with relatively cheaper fuels such as coal. Analysts...

While China’s industrial sector crashes, one corner is booming. Oddly enough, it’s probably bad news for participants. Fixed-asset investment in mining increased 27.4% from a year earlier in July, continuing an extraordinary run this year that puts growth at the fastest pace in a...

The country's coal imports increased by 28.7 per cent to 24.14 million tonnes in June on the back of softening of non-coking coal prices in the international markets. The country had imported 18.75 million tonnes of coal in the corresponding month of the previous fiscal, according to a...

Pacific basin benchmark Newcastle coal prices will likely average USD 79.30/t in the fourth quarter, down 4% – or USD 3.30 – from previous estimates, amid expectations of weaker demand, said economic analysis firm Focus Economics. Prices in 2020 would average 3% less than forecast...

The government has set the country's coal reference price (HBA) for August at US$72.67 per ton, a slight increase from $71.92 per ton the previous month. Energy and Mineral Resources Ministry spokesman Agung Pribadi said little change was expected in coal prices on the world market this...

SHANGHAI/BEIJING (Reuters) - Approvals for new coal mine construction in China have surged in 2019, government documents showed, with Beijing expecting consumption of the commodity to rise in the coming years even as it steps up its fight against smog and greenhouse gas emissions. Long-term cuts...

* The Indonesian government has set its coal benchmark price (HBA) for August at $72.67 per tonne, according to an official document from the Energy and Mineral Resources Ministry * It is higher than July’s benchmark price of $71.92 and also the first increase in a year, according to Eikon...