Coal Top Stories

International Energy Agency predicts fossil fuel demand decline after 2030

“The ‘Golden Age of Gas’, a term coined by the IEA in 2011, is nearing an end,” the outlook declares.

Nelson Bennett - Business in Vancouver | October 24, 2023 | 4:33 pm

Teck Resources says restructuring remains ‘priority’ as Q3 underwhelms

The company expects to see annual production at the lower…

Reuters | October 24, 2023 | 8:28 am

Video: Don Lindsay on Glencore’s pursuit of Teck and resource nationalism

"They don't distinguish between the good coal and the bad…

Alisha Hiyate | October 24, 2023 | 6:02 am

JSW steel boss says ‘nothing concrete’ with Teck

Last month, Reuters reported that JSW Steel had slowed down…

Reuters | October 23, 2023 | 9:26 am

Vedanta CFO said to seek to quit months after joining firm

Sonal Shrivastava, who joined the company in June, informed Anil…

Bloomberg News | October 23, 2023 | 6:51 am

Glencore hit by fresh bribery-related lawsuit in the UK

Legal action is related to alleged losses to shareholders resulting from Glencore's statements to the market on corruption cases.

Cecilia Jamasmie | February 17, 2023 | 6:13 am

Teck said to plan coal spinoff to focus on metals

The miner is expected to make an announcement on the spinoff as early as next week.

Bloomberg News | February 16, 2023 | 7:41 am

South32 half-year profit falls on easing commodity prices

Underlying earnings for the six months ended Dec. 31 was $560 million, compared with $1 billion in the previous corresponding period.

Reuters | February 15, 2023 | 2:14 pm

China thermal coal hits one-year low on slow industrial recovery

The drop below key levels reflects bearish sentiment as China’s economic recovery hasn’t been as strong as expected.

Bloomberg News | February 15, 2023 | 8:15 am

Glencore hands $7.1 billion to shareholders after record profit

High oil and coal prices helped the company to post a record annual profit.

Reuters | February 15, 2023 | 7:57 am

Asset managers touting ESG enjoy a turbo-charged coal boom

Thungela Resources CEO is promising to ratchet up production through the end of the next decade at least.

Bloomberg News | February 13, 2023 | 10:26 am

China’s top coal supplier switches to more costly auctions

Mongolia is changing the way it sells its product in a bid to improve transparency and reap better returns from its top export earner.

Bloomberg News | February 13, 2023 | 7:36 am

Commodities risk lurking in ESG funds now too big to ignore

Analysts estimate that the path to net zero may require digging up 5.2 billion metric tons of metals through 2050, which may be worth as much as $10 trillion.

Bloomberg News | February 13, 2023 | 7:01 am

Billionaire drops Australia coal mine appeal in blow for sector

Clive Palmer’s Waratah Coal has withdrawn an appeal to open what would have been the country’s biggest mine.

Bloomberg News | February 12, 2023 | 7:36 pm

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