• Price slump threatens viability of coal projects

    A coal price slump has left 19 per cent of global exports in the red and is raising doubts about the viability of Australian coal projects under development

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  • Coal's last gasp? | Editorials |

    This week a retired Nucla coal miner traveled to Washington, , to support a bill to provide 1 billion over the next five years for abandoned mine land cleanup with the goal of boosting the ...

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  • Are lower coal prices what the cement industry needs?

    Further evidence of falling coal prices can be found in Indonesia and South Korea. In Indonesia statecontrolled coal miner PT Bukit Asam has seen its profits affected by a 13 per cent YoY drop in coal prices in the 1Q19, while in South Korea, the government’s drive to encourage a coaltoLNG switch by increasing coal import taxes, is ...

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  • Coal in the Trump age: Industry has a pulse, but prospects ...

    Mar 17, 2017· The price of natural gas, thermal coal’s major competitor, followed a similar path as metallurgical coal. Prices hit a historic low, driving much thermal coal offline, in the first half of 2016.

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  • Coal Consumption Keeps Dropping Under Trump; Coal Jobs ...

    Oct 31, 2019· Before the 2000s, job losses in coal mining were mainly about better mining equipment and the rise of lesslaborintensive aboveground mining operations. For …

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  • Indonesian coal miners to cut 50 million tons of ... Adaro

    Indonesian coal miners to cut 50 million tons of production due to weak prices July 3, 2020, 10:58 am | Admin Miners in Indonesia, the world’s top coal exporting country, have decided to cut domestic production by 50 million tons this year in their bid to increase global coal prices, which have been falling during the health crisis.

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  • Coal mining giant Bumi records 97 percent plunge in profit ...

    Mar 31, 2020· Indonesias largest thermal coal miner, PT Bumi Resources, booked a US million profit in 2019, down 97 percent from the previous years million, pinched between falling coal prices …

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  • Hedging Against Rising Coal Prices using Coal Futures ...

    The prevailing spot price for coal is USD /ton while the price of coal futures for delivery in 3 months' time is USD /ton. To hedge against a rise in coal price, the power company decided to lock in a future purchase price of USD /ton by taking a long position in an appropriate number of NYMEX Coal futures contracts.

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  • Kentucky’s Leaders Are Siding With the Coal Industry, and ...

    Oct 28, 2019· The coal mining industry has sunk at least million into state and federal Kentucky elections since 2012, according to data from the National Institute on Money in Politics.

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  • US coal sector remains in rough shape into the 2020s after ...

    The US Energy Information Administration's latest shortterm energy outlook estimated coal's share of US electricity generation nearly halving since the beginning of the decade, ending 2019 at an average of 25% and falling to 22% in 2020. Coal companies, however, were not alone in their belief that the fuel would continue to dominate the ...

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  • Australia’s coal company Whitehaven Coal beats estimates ...

    Jul 15, 2020· Coal mining company Whitehaven Coal increased its production in 29% during its second quarter, and exceeded market predictions. In second half of 2020, the company will have to deal with pressure on coal price due to globally lower demand for the …

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  • Coal industry continues sharp decline despite Trump's ...

    coal miners' struggle continues amid trump promises, democratic plans Cheap natural gas from fracking is making coal less competitive, along with falling prices for wind and solar powe r.

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