China’s imports of Mongolian coking coal may rise to a record in 2024, after more than doubling in 2023, on improving transport links and its lower price versus domestic and international supplies, traders and miners said. China is the world’s biggest...
Global coal use is expected to reach a record high in 2023 as demand in emerging and developing economies remains strong, the International Energy Agency (IEA) has said. The demand for coal is seen rising 1.4 percent in 2023, surpassing 8.5 billion tonnes for the...
Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they are cut adrift by insurers, making it more difficult and costly to do business amid a surge in demand for the fossil fuel. Dozens of insurers have announced...
China’s coal consumption grew by 4.6% in 2022 to a new all-time high of 4.5 billion metric tons, dragging with it global coal demand offsetting declines in Europe and North America, a new report by an energy watchdog said. The coal market globally rose by 3.3%...
Germany is pushing South Africa to phase out coal as agreed, despite domestic opposition to the planned mothballing of aged power plants amid repeated power outages in the African country. Germany’s Foreign Minister Annalena Baerbock visited Johannesburg on on the...
