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Source: REUTERS, May 8, 2019

Norway's pension fund manager KLP cuts c...

Norwegian pension fund manager KLP has sold 3.2 billion crowns ($366 million) of bond and equity exposure in 46 companies, including leading miners BHP and Anglo American, after a decision to withdraw from thermal coal.



Fund managers hav... Continue reading

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Source: STEEL GURU, May 8, 2019

Peabody update on coal industry conditio...

Peabody said that the first quarter of 2019 was marked by unusual near-term challenges to the coal logistics chain in multiple regions of the world. Traditional coal flows were rerouted by flooding in the heartland of the United States; port restr... Continue reading

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Source: Argus Media, May 8, 2019

Vietnam boosts Russian coal imports

Russia increased coal supplies to Vietnam to 852,000t in January-February from 237,000t a year earlier, according to national government data, amid growing demand from power utilities that cannot be covered by limited domestic supply.



Ru... Continue reading

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Source: The Guardian, May 8, 2019

Adani refuses to commit to size of 'scal...

Adani has refused to commit to the size of its “scaled-down” Carmichael coal project and is still pursuing final approvals based on plans for a 60m-tonne megamine in central Queensland.



The Queensland government has confirmed... Continue reading

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Source: Livemint, May 7, 2019

ArcelorMittal to shut Polish plant tempo...

 ArcelorMittal Poland said on Monday it planned to halt its blast furnace and steel plant in Krakow in September, due to rising carbon emission costs and surging power prices.



ArcelorMittal did not say how long the shutdown would la... Continue reading

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news
Source: REUTERS, May 7, 2019

China's top coal province defies Beijing...

China’s top coal and coke producing region Shanxi has relaxed environmental policies regarding its coking industry despite repeated orders from Beijing to curb production from coke plants, the Ministry of Ecology and Environment said on Mond... Continue reading

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