Coal-fired electricity generation reached all-time highs globally in 2021, showing that eliminating coal from the energy mix will not be a simple task.

Separately, Vedanta Resources announced a tender offer to buy back as much as $500 million of its dollar notes due in July.

Glencore Plc is the latest giant miner to pare back production forecasts, in what’s turning out to be a difficult start to the year for companies.

China’s coal imports are down 24% through the end of March this year as global prices have soared.

The city in Hebei province has locked down its Haigang district, which includes the port, after infections were found in the area.

Canada’s largest diversified miner beat market estimates for quarterly profit on the back of higher copper and coking coal prices.

Coal’s stunning ascent is the product of a post-pandemic energy crisis that’s being turbocharged by Russia’s war on Ukraine.