Coal Market News Directory

Australian Coal Prices Drop to Pre-2008 Levels

Reuters reported that Australian coal prices have fallen to levels before the 2008/2009 financial crisis, as coal demand in China suffers from slower economic growth and new environmental rules.

Coal-fired Plants to Close in Beijing to Reduce Emissions

Bloomberg reported that Beijing is planning to close the last of its major coal-fired power plants next year. The move comes as China continues to face pressure from abroad to reduce its carbon emissions.

Around $15bn of Coal Mines For Sale

Mineweb reported that it may be the perfect time for investors to invest in the estimated $15 billion of coal mines up for grabs. As quoted in the market news, Coal has lost more than half its value in the past four years. Expanding production and an economic slowdown in China, the largest market for [...]

EIA Sees US Coal Production Declining in 2015

MINING.com reported that the Energy Information Administration’s recent 2015 Short Term Energy Outlook shows that the US coal industry will witness lower production in the next year.