Coal Top Stories

Glencore profit more than doubles thanks to soaring coal price

The firm’s coal division generated earnings of $8.9 billion in the first six months of the year as prices for the fossil fuel have soared.

MINING.COM Editor | August 4, 2022 | 3:53 am

Glencore is cashing in on coal to dodge big mining’s slowdown

Analysts are forecasting record profits and returns when Glencore reports…

Bloomberg News | August 2, 2022 | 7:34 am

Globally more is being spent on coal than copper mining

New report shows growing disconnect between rhetoric on energy transition,…

Frik Els | August 1, 2022 | 10:24 am

Glencore flags cash tied up in record trading profits

The world’s biggest commodity trader is expected to report record…

Bloomberg News | July 29, 2022 | 5:55 am

US coal giants see surging sales as global prices reach records

Peabody Energy, the biggest US coal producer, saw second-quarter sales…

Bloomberg News | July 28, 2022 | 1:48 pm

Latest Stories

Australia faces climate pressure with EU carbon tariff threat – study

Australia has refused to match commitments by the US, UK and other countries targeting net zero emissions by 2050.

Reuters | June 10, 2021 | 6:52 am

Investors with $41 trillion urge G7 to end support for fossil fuels

A 457-member group of investors, representing an estimated 37% of all global assets under management, joined a coalition of CEOs in demanding the world’s richest nations set more ambitious emissions cut targets.

Cecilia Jamasmie | June 10, 2021 | 3:58 am

Sky-high coal prices won’t spur new mines in a greener world

Companies remain hesitant to invest in new projects with financing difficult to come by and question marks over long-term demand.

Bloomberg News | June 9, 2021 | 10:22 pm

India coal output to rise 6.4% in 2021 – report

According to GlobalData, key to this increase in output is the entry of private players to the industry.

MINING.com Editor | June 9, 2021 | 9:29 am

Wyoming’s Carbon Valley Innovation Center tasked with finding new uses for coal

The US’ top coal-producing state wants researchers to get creative and tap on rare earth elements found in the fly ash of coal burned at local power plants.

MINING.COM Staff Writer | June 9, 2021 | 6:06 am

China considers price controls on surging coal market

China is considering imposing a cap on the price of thermal coal as it struggles to contain high energy costs ahead of peak demand over the summer.

Bloomberg News | June 8, 2021 | 10:05 pm

Vale to pay $2.5bn to settle liabilities in Mozambique mine corridor

With the payment, Vale said it will have fulfilled all the conditions for completion of its purchase of Mitsui's stake in the Moatize mine.

Reuters | June 8, 2021 | 4:03 pm

Trading places: electricity from renewables vs. coal in G20 nations

The pandemic has opened a window of opportunity to reduce the share of power generated by fossil fuels.

Bruno Venditti - VC Elements | June 8, 2021 | 9:23 am

Russell: Asia coal prices surge, but China-Australia dispute means rally is uneven

Thermal coal prices across Asia have surged to multi-year highs amid strong demand and some supply constraints, but some types of the fuel have done better than others.

Reuters | June 8, 2021 | 8:31 am

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