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China’s coal output hits highest in over 3 years as mines start up

China’s coal output hits highest in over 3 years as mines start up

China’s December coal output climbed 2.1 percent from the year before, government data showed, hitting the highest level in over three years as major miners ramped up production amid robust winter demand and after the country started up new...

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Electric cars seen getting cleaner even where grids rely on coal

Electric cars seen getting cleaner even where grids rely on coal

Electric cars are better for the environment than traditional gasoline models, and that benefit will grow as power generators shift away from coal. That’s the conclusion of research by BloombergNEF, which found carbon dioxide emissions from...

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China News Weekly 91 – China vows to open up wider to world

China News Weekly 91 – China vows to open up wider to world

Click here to find more details This is NAI’s new China News Weekly. We will be covering the latest Chinese foreign investment trends every week. To continue to receive our China News Weekly, please click Here to subscribe.

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Coal demand seen steady through 2023 thanks to India and China — IEA

Coal demand seen steady through 2023 thanks to India and China — IEA

After two years of decline and despite growing pressure from environmentalists, coal consumption is expanding, driven by “strong” fuel burning in China and India, the latest report from the International Energy Agency (IEA) shows. According to...

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Glencore is going to get crazy rich on coal next year

Glencore is going to get crazy rich on coal next year

Glencore Plc’s coal mining business will eclipse its copper unit next year and become the world’s biggest commodity trader’s most profitable operation. Despite making a lot of noise about its electric vehicle-focused mines such as nickel, copper...

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China coal imports hold near 4-year high as demand resilient

China coal imports hold near 4-year high as demand resilient

Coal imports by China held near the highest level in four years, underscoring buoyant demand in the world’s largest user even as lower domestic prices and a weaker currency hurt the appeal of overseas supplies. Foreign purchases fell just 1.1...

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China July coal imports highest in years as heatwave fuels demand

China July coal imports highest in years as heatwave fuels demand

Arrivals came in at 29.01 million tonnes last month, the General Administration of Customs said. That is the highest since January 2014. Imports rose 23.9 percent from 25.47 million tonnes in June and climbed 49.1 percent from 19.46 million...

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Thermal coal prices hit 6-year high

Thermal coal prices hit 6-year high

Strong consumption in China, despite ongoing efforts by Beijing to reduce reliance on coal for electricity generation, and restocking from the spot market by Japanese utilities have buoyed prices. Import demand from China has been supported by...

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Mongolian parliament OKs plan to sell 30% of Tavan Tolgoi Mine

Mongolian parliament OKs plan to sell 30% of Tavan Tolgoi Mine

Mongolian lawmakers approved a plan to sell up to 30% of the troubled Tavan Tolgoi coal mine in the Gobi desert, the latest attempt to develop what’s anticipated to be massive coking and thermal coal deposits. The north Asian country’s parliament...

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Commodities’ dilemma: Strong China demand or Trump-led fears? – Russell

Commodities’ dilemma: Strong China demand or Trump-led fears? – Russell

The tug-of-war between fundamentals and sentiment appears to be getting stronger for many commodities as the market tries to reconcile factors such as robust demand numbers from China and increasingly worrying rhetoric and actions from the United...

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Iron ore price jumps to 10-month high

Iron ore price jumps to 10-month high

Steelmaking raw materials made strong gains on Monday as Chinese mills, responsible for half the world’s steel output, on the back of speculations that the certain provinces may extend steel supply curbs beyond the winter. The Northern...

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