Coal use seen peaking next year as India, China determine future

Mining News Pro - Global coal consumption will likely peak by next year as economics and climate strategies shift the world toward cleaner energy, but several wild cards could determine how long the dirtiest fossil fuel persists, according to BloombergNEF.

Death toll rises after coal mine collapses in northern China

Mining News Pro - The collapse of a coal mine in northern China has claimed four lives with 49 people still missing, state broadcaster CCTV reported Thursday.

Teck is said to plan coal spinoff to focus on metals

Mining News Pro - Teck Resources Ltd. is planning to separate its multibillion-dollar steelmaking coal business to focus more on industrial metals, according to people familiar with the matter.

UK grid asks coal reserve to prepare as cold snap looms

Mining News Pro - The UK’s grid operator asked one coal-fired power unit to be ready to generate power as it seeks to boost electricity supplies during a cold snap.

Top 50 mining companies in 2022: coal, lithium win big, China investors lose out

Mining News Pro - Vale, the world’s second largest iron ore miner and top nickel producer, has shortlisted suitors for 10% of its base metals business estimated to be worth nearly $2.5 billion.

Increase in coal prices as a result of increased demand for steel

Mining News Pro - Restocking demand, Australian weather and the strength in global steel demand recovery are likely to drive seaborne coking coal prices in the Asia-Pacific in coming weeks after the spot market fell below $250/t fob Australia in November.

China churns out higher coal output to fulfil winter demand

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World’s coal consumption set to breach new record this year

Mining News Pro - World coal consumption is set to rise to the highest level ever this year despite ambitious global goals aimed at weaning nations off burning the dirty fossil fuel.

Energy crisis revives coal demand and production

Mining News Pro -High natural gas prices and global competition for the fuel have driven more demand for thermal coal for power generation this year as countries try to wean themselves off Russian energy supplies and seek relatively cheaper alternatives.

Problem called global warming

Coal in Net Zero Policy

Mining News Pro -The world must move quickly to reduce carbon dioxide emissions from coal significantly in order to avoid severe impacts from climate change, a new IEA report says, calling for immediate policy action to rapidly mobilise massive financing for clean energy alternatives to coal and to ensure secure, affordable and fair transitions, especially in emerging and developing economies.

Glencore scraps $1.3 billion Australian coal project

Mining News Pro - Peers including BHP (ASX: BHP) and Rio Tinto (ASX: RIO) are in the midst of a transformation away from carbon-emitting fossil fuels in favour of minerals necessary in the low-carbon energy transition, such as copper, nickel, lithium and cobalt.

Glencore scraps giant Australian coal project on net-zero goals

Mining News Pro - The company won’t develop the A$2 billion ($1.3 billion) Valeria project in Queensland’s Bowen Basin, it said Thursday. The site would have produced about 20 million tons of coal a year, and been a major source of global carbon dioxide over its 37-year lifetime.

Australia court blocks giant coal mine on human rights grounds

Mining News Pro - The Galilee Coal Project would add 1.58 billion tons of carbon dioxide to the atmosphere over its lifespan — more than triple Australia’s annual domestic emissions — and impact the human rights of future generations, the Queensland Land Court ruled on Friday.

Hundreds of power plants in the US violate Coal Ash Rule

Mining News Pro - Also in Wyoming, the Jim Bridger Power Plant makes the list because it has two coal ash ponds and an ash landfill, and groundwater monitoring nearby shows lithium at 164 X safe levels and sulphate at 125 X safe levels.

How much will coal’s transition cost?

Mining News Pro - The amount is around 20% of all clean energy spending in the IEA Announced Pledges Scenario (APS), which assumes that all climate commitments made by governments around the world will be met in full and on time.

Wealthiest nations offer Indonesia $20 billion to wean off coal

Mining News Pro - The deal put forward by the Just Energy Transition Partnership (JETP), which includes the US, Japan, Canada, the UK, and several European countries in the EU and Norway, has been more than a year in the making.

Aluminum-based material can scrub CO2 from coal-fired power plants’ exhaust

Mining News Pro - Among them, aluminum formate – which the scientists refer to as ALF – has proven effective in separating carbon dioxide from the other gases that commonly fly out of the smokestacks of coal-fired power plants. It also lacks the shortcomings that other proposed carbon filtration materials have.

US coal prices climb past $200 as global energy crunch boosts demand

Mining News Pro - US coal prices surged past $200 for the first time as a global energy crunch drives up demand for the dirtiest fossil fuel.

Anglo coal spinoff looks cheap against peers after 1,300% surge

Mining News Pro - Thungela Resources Ltd. has soared more than 1,300% since the South African coal miner was carved out of Anglo American Plc last year. But despite this scorching rally, investors value the stock at a discount to worldwide peers, whose reserves of the fuel may last longer.

Asia coal price hits record as global hunt for fuel escalates

Mining News Pro - Thermal coal in Asia advanced to a record as a threat of supply disruptions adds new risks to a global energy sector already engulfed in crisis.

Could Coal Waste Be Used to Make Sustainable Batteries?

Mining News Pro - Acid mine drainage has long been a scourge in Appalachia. Recent research suggests that we may be able to simultaneously clean up the pollution and extract the minerals and elements needed to power green technologies.

Europe crisis shows coal’s value, South Africa minister says

Mining News Pro - South Africa’s energy minister dismissed the notion that renewable electricity can bring an end to years of rolling blackouts, pointing to Europe’s pivot back to the use of fossil fuels as evidence of the constraints of using green energy.

Increasing demand for US coal pushes workforce numbers up in Q2’22

Mining News Pro - Total US coal production rose in the second quarter of 2022 compared to a year earlier, and a sustained rise in demand for the fuel used in domestic and power generation allowed companies to increase their worker head counts, S&P Global Market Intelligence reports.

India coal baron becomes world’s third richest trailing only Musk

Mining News Pro - Few outside of India had heard of Gautam Adani just a few years ago. Now the Indian businessman, a college dropout who first tried his luck as a diamond trader before turning to coal, has become the world’s third-richest person.

Russian seaborne coal exports halted by EU ban

Mining News Pro - Russian coal exports were effectively halted by a European Union ban on entities within the 27-nation bloc servicing shipments of the fuel to anywhere in the world.

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