Thermal Coal Demand Expected to Rise to 2016

Posted in: Coal Buyer- Dec 13, 2011 No Comments

The IEA anticipated, however, that consumption growth would slow down from the torrid pace of 2000-2010, when coal usage grew by 720,000 tonnes per day.

Chinese Daily Coal Consumption Soars

Posted in: Coal Buyer- Oct 19, 2010 2 Comments

After the long holiday during October 1 to 7, manufacturers in China resumed working gradually and daily coal consumption of key power plants jumped up.

Banks Under Scrutiny Over Coal Funding

Posted in: Coal Buyer, Coal Funding, Coal Mining, Coal Supplier- Oct 02, 2010 6 Comments

Australian banks, highly dependent on offshore capital, will face increasing international scrutiny of their lending practices – particularly, their exposure to the coal industry.

Indian Coal Demand May Triple in Next Two Decades

Posted in: Coal Buyer- Sep 24, 2010 5 Comments

State-owned Coal India Ltd plans to buy mines in Indonesia, Australia, South Africa and the U.S., Jaiswal said in a statement today. India may consume more than 2,000Mt of coal by 2030.

2010 WORLD BANK Coal Funding Hits Record High

Posted in: Coal Buyer, Coal Funding, Coal Mining, Coal Supplier- Sep 14, 2010 3 Comments

World Bank funding for coal power stations has soared 40-fold over the last five years to hit a record high of $4.4 billion in 2010, new figures reveal. Source: Christian Aid