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Thursday, 20 February 20
CHINA RESUMES OVER 70 PCT COAL PRODUCTION CAPACITY AMID EPIDEMIC - XINHUA
China has resumed 70.2 percent of its coal production capacity with output recovering steadily amid the fight against the novel coronavirus epidemic, the National Energy Administration (NEA) said.
 
As of Monday, 1,274 mines across the country had resumed production, with daily output reaching 7.12 million tonnes, which passed the 7-million-tonne mark for the first time since Feb. 1, NEA data showed.
 
Coal stockpiles at the country’s power plants were sufficient for 26 days of consumption as of Monday, while those in the central province of Hubei, the hardest-hit region, were sufficient for 47 days of consumption, the highest reading of recent years.
 
China has pledged measures to ensure the supply of coal, electricity and natural gas to support the control of the novel coronavirus, aiming to ensure stable energy supply to severely affected areas including Wuhan, the epicenter of the outbreak, and other major cities.
 
Coal mines are encouraged to resume production, while incentives will be given to support coal transport, the NEA said earlier this month.
Source: Xinhua


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Friday, 21 February 20
INDIA: POTENTIAL INVESTORS SEEK MORE CLARITY ON COMMERCIAL COAL MINING NORMS - FINANCIAL EXPRESS
Potential private investors have sought more clarity on the pricing mechanism proposed for the much-anticipated auction for commercial coal mining. ...


Thursday, 20 February 20
CHINA THERMAL COAL MARKET FACES 2-3 MONTH CORONAVIRUS SHORT SQUEEZE: NOBLE - REUTERS
China’s domestic thermal coal market faces a 2-3 month short squeeze as a rapidly spreading coronavirus outbreak curtails production more tha ...


Wednesday, 19 February 20
KOREA MIDLAND POWER INVITED BIDS FOR 1 MILLION TONS OF HCV AND LCV COAL FOR Q2- Q4 LOADING
COALspot.com: Korea Midland Power Co. Ltd, (KOMIPO). has issued an international tender for total 1 million MT of coal for April to December 2020 l ...


Wednesday, 19 February 20
GLENCORE WRITES OFF ALMOST $1 BILLION AT COLOMBIAN COAL MINES DUE TO FALLING EUROPEAN IMPORTS: BLOOMBERG
The economic case against European coal is proving too much for even Glencore Plc.   The world’s biggest coal shipper cut the va ...


Wednesday, 19 February 20
MINERS WELCOME INDONESIA'S NEW JOBS BILL THAT COULD SPUR COAL GROWTH - REUTERS
Miners have welcomed proposed changes to Indonesian mining rules under a new law aimed at boosting investment, though critics are concerned that th ...


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