Coal Top Stories

Phasing out fossil fuels hasn’t worked. Europe has a new idea for COP28

Last year’s defeat for the EU and its allies on emissions cuts at COP27 has now set up what will be one of the hardest fights ahead of COP28.

Bloomberg News | May 8, 2023 | 8:07 am

Coal India profit drops after wage cost provisions jump 12-fold

Coal India reported a 17% decline in profits following a…

Bloomberg News | May 7, 2023 | 10:57 am

Vedanta Resources repays $800 million loans to StanChart

Vedanta Resources said it has repaid $800 million worth of…

Bloomberg News | May 6, 2023 | 12:50 pm

Investors irked by Glencore’s stance on thermal coal AGM vote

Glencore asks shareholders to reject resolution demanding more transparency on…

Reuters | May 5, 2023 | 4:41 am

Teck chooses greener rail transportation for steelmaking coal

Teck and the Canadian Pacific Kansas City railroad have signed…

Staff Writer | May 4, 2023 | 11:01 am

Indonesia set to boost coal output to fill Russia supply gap

Energy minister Arifin Tasrif said countries had asked Indonesia for coal in the wake of sanctions on Russia.

Reuters | July 13, 2022 | 7:34 am

Fossil fuel deals aren’t worth it for banks, climate group says

For 22 leading global banks, the multi-million dollar revenues from arranging bond sales for coal, oil and gas companies pale in comparison to the climate impact of their emissions profile.

Bloomberg News | July 12, 2022 | 7:37 am

China’s imports of key commodities set to make a patchy recovery on growing mobility

Among metals, copper imports are expected to post a modest pickup even though demand remains sluggish.

Bloomberg News | July 12, 2022 | 7:28 am

Top 50 mining stocks lose $600bn in market value from peak

After a brutal second quarter, investors in the world’s 50 biggest mining companies are in full retreat as metal prices slump and uncertainty grips the sector.

Frik Els | July 8, 2022 | 2:53 pm