As major Australian coal producers cut costs and reduce production, GVK and India's Adani Enterprises are moving forward with a "$21 billion bet" on the country's Galilee Basin.
Articles Tagged "coal demand"
Japan is joining Asia’s battle for coal resources. Who will benefit from the rush for new supply?
The US is pushing to block coal exports as Japan and India compete for supply.
Can investors still make money investing in the beaten-up US coal sector?
China is the clear "king of coal." But as the nation’s economy stagnates, other emerging markets are gaining ground and could reshape how thermal coal prices are determined.
Chinese policy changes are carrying sway in international markets as the country takes strides to incorporate market-friendly reforms.
Signs of an expanding Chinese economy indicate that global coal markets are due for a recovery, but prices won't be impacted for some time.
India’s coal demands are huge and still growing. Despite having massive reserves, the country does not have the infrastructure or coal quality to meet its expanding demand.
Mining Weekly reported that Forbes & Manhattan Coal would begin coal production again on Monday at its two South African Coal Mines, after they resolved a labour dispute.
The New York Times reported that coal's low cost compared to more environmentally-friendly options like wind and solar power is keeping it in demand in places like India, China and Europe. That means coal companies will be on the hunt for new reserves in locations such as Botswana, Mozambique and Mongolia.