China’s coal price may rise 20 percent by the end of this year as government steps to reduce production outpace a decline in demand, according to Citigroup Inc. Power-station coal at the northeastern port city of Qinhuangdao may rise to 450 yuan ($69) a metric ton by December from 376 yuan...

Japan was the leading source of coal financing among Group of Seven nations in the nine years ended in 2015, accounting for more than half of all support from governments or quasi-government bodies, according to a study by environmental groups seeking a ban on the funding of coal-power...

Singapore (Platts)–16 May 2016 419 am EDT/819 GMT The recent strength in steel prices, relative to power generation, has prompted coal producers to focus on producing semi-soft coal from thermal coal, which could cause an oversupply putting pressure on prices going forward, analysts...

Singapore (Platts)–19 May 2016 536 am EDT/936 GMT Following a clampdown on illegal mines, China has now asked state-owned coal companies to cut their capacity by 10% and improve their efficiency, the Ministry of Finance said on its website late Wednesday. The government has allocated...

The end of the mining boom and lower commodity prices are continuing to hit the global mining industry hard as the world’s biggest miners sell off unprofitable mines and troubled miners sell assets to cut debt. A new report by accounting firm Ernst & Young has found that the value of...

Private equity’s push into the Australian coal sector has continued as Denham Capital takes control of some of Peabody Energy’s best undeveloped acreage and hints it may buy more of the struggling coal miner’s Australian business. Peabody sold the tenements in...

BEIJING, May 12, 2016 /PRNewswire/ – China’s largest coal producer Shenhua Group has completed upgrades to its coal-fired power plants in the Beijing-Tianjin-Hebeiregion that will dramatically reduce their emissions. A milestone in China’s efforts to be more environmentally...

Moody’s expects the coal industry’s combined net income to decline by more than 10 percent over the next year to year and a half. As persistent weakened demands continue to hinder the industry and regulatory conditions, the EBITDA — earnings before interest, taxes, depreciation...

Coal India Ltd., the world’s biggest miner, saw production and shipments of the fuel fall year-on-year for the first time in 15 months as sluggish demand caused stockpiles to swell. Output in April dropped 3.4 percent from a year ago to 40.09 million metric tons, while shipments during the...