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The Latest Breaking News from Coal

Runaway Hunter coal train reached speeds of 90kmh

The fully-laden train travelled several kilometres before coming to a stop.

Newcastle Herald

Locals fear for their children’s quality of life if the biggest coalmine extension in NSW is approved

Minns government promised no new coalmines but permits expanding existing sites, despite being behind on climate targets

The Guardian - AU

Fossil fuels in Australia receive four times more government support than renewables, report finds

The report comes months before Australia takes charge of negotiations at this year's United Nations climate summit Cop31

The Independent UK

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Coal v foal: thoroughbred industry warns HVO continuation could destroy investment

Two of the Hunter's biggest industries are at war.

Newcastle Herald

Caliber Mining and Logistics shares list at 19% premium over IPO price on BSE

Caliber Mining & Logistics shares debuted nearly 19% above their IPO price on Friday, beating grey market expectations. The Rs 450 crore issue was subscribed 156.63 times, driven by strong demand across investor categories. The company plans to use the IPO proceeds to reduce debt, fund expansion, and strengthen operations.

The Economic Times

'Unimaginable': worker dies in mine truck collision

A worker is dead and another has been badly hurt after a truck collided with a vehicle at a remote mine in what has been described as an "unimaginable" tragedy.

AAP

Coal remains backbone of India's power supply despite renewable push, govt tells Parliament

Coal plants supplied nearly seventy percent of India's electricity during summer months. These plants generated seventy-five percent of total power during evening peak demand hours. Government encourages energy efficiency measures and consumption pattern changes to manage rising demand. Peak electricity demand increased twelve percent due to El Nino conditions this…

The Economic Times

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No strategy to manage the social impacts of coal mine's closure

The Hunter Valley Operations project is no longer required to have a mine exit strategy.

Newcastle Herald

Bharat Coking Coal shares crash 8% after Coal India arm posts Rs 68 crore Q1 net loss

Bharat Coking Coal shares plunged over 8% on Wednesday. The company reported a net loss of Rs 68 crore for the April-June quarter. Revenue from operations rose 4% year-on-year to Rs 3,587 crore. Total expenses increased 5% while EBITDA dropped significantly. Production and offtake output missed targets, impacting profitability.

The Economic Times

Trump’s coal rescue could leave taxpayers with a staggering $117 million bill

IN FULL

The Independent UK

Trump ordered coal plants to stay in operation. It’s costing taxpayers in one state $117 million

The Trump administration has extended the life of coal plants across the country, while supplying hundreds of millions of dollars in federal funding to prop up the industry

The Independent UK

India's steel ambitions face a coal reality check

India faces challenges securing metallurgical coal for its expanding steel sector. Australia's declining exports create a significant supply gap for India's needs. India is diversifying import sources and increasing domestic supply for steel production. The nation is also exploring scrap steel and green hydrogen for manufacturing. This strategic shift enhances…

The Economic Times

Coal India subsidiary CMPDI shares climb 7% after Q1FY27 profit surges 54% YoY

CMPDI shares jumped nearly 7% after the Coal India subsidiary reported strong Q1FY27 results, with revenue rising 18% and net profit surging 54% year-on-year. Robust operational growth and the announcement of a Rs 1.05-per-share interim dividend further lifted investor sentiment.

The Economic Times

China's world-leading renewable megabases rely on coal-heavy transmission

China builds more wind and solar power than the world combined. Inadequate transmission links and coal reliance limit renewable energy use. Green power from the north needs ultra-high voltage lines to reach eastern cities. Significant outbound transmission capacity is required by the year 2030. Energy storage should back up renewables…

The Economic Times

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Bangkok Post

China's world-leading renewable megabases rely on coal-heavy transmission, report finds

BEIJING - China ⁠is building more large-scale wind and solar than the rest of the world combined, but inadequate transmission links and a continued ‌reliance on coal-fired power are limiting its use, according to a report published on Tuesday.

The Economic Times

Caliber Mining & Logistics IPO subscribed 147x; GMP signals 22% listing gain

Caliber Mining & Logistics' Rs 450-crore IPO saw overwhelming investor demand, closing at 147 times subscription. Retail investors showed strong participation, subscribing 41 times for their reserved portion. The company's shares are expected to list on July 24, 2026, with a potential listing gain. Grey market premium suggests a debut…

The Economic Times

Govt sees good response to pre-application conference for Rs 37,500-cr coal gasification scheme

The government on Monday held a pre-application conference for its ₹37,500 crore scheme to promote surface coal gasification projects, drawing strong interest from public sector firms, private companies, technology providers and prospective applicants. Officials clarified eligibility criteria, financial incentives and the application process under the scheme.

The Economic Times

India has adequate coal stocks to meet thermal power demand, with 42.8 MT available: Power Ministry

India has sufficient coal stocks to meet electricity demand, with 42.8 million tonnes available at thermal power plants as of July 12, enough for 14 days at 85% plant load factor, the government informed the Rajya Sabha. Coal-based plants, with a capacity of 230.8 GW, supplied nearly 70% of the…

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The Economic Times

Caliber Mining & Logistics IPO Day 2: Issue gets 7.5x subscription so far; GMP points to 27% listing upside

Caliber Mining & Logistics' Rs 450-crore IPO is seeing robust investor interest on its second day. The company's initial public offering is fully subscribed, reflecting strong demand from retail investors. This public issue aims to raise Rs 450 crore through a fresh issue and an offer for sale. The IPO…

The Guardian - UK

Bank of England to stop accepting bonds linked to coal for key loans

Campaigners hope move will will force commercial banks to rethink holding assets linked to the fossil fuel

Newcastle Herald

'Dignity and closure': descendant fights for family's piece of history

A pioneer family says its contribution has been forgotten.

Digital Camera World

Using large-format photography, this student wins two major photo awards for recording coal miners in the last working drift colliery in Western Europe

Shot on 5x4 large format HP5, the documentary photographer and published photojournalist aims to document the coal mine landscapes and workers "before they vanish under the weight of time"

The Economic Times

Environment min panel gives initial nod to 2 Adani subsidiaries' mining projects in Chhattisgarh

Nearly one thousand hectares of forest land in Chhattisgarh's Raigarh may be diverted for two coal mining projects. The Pelma open cast mine and Purunga underground coal block projects received in-principle approval from the Environment Ministry. These projects involve diverting over 360 and 620 hectares of forest land respectively. The…

The Economic Times

Govt adds iron ore to core sector index taking total components to 9

Iron ore has been added to the core sector infrastructure industries list. This inclusion increases the total number of key sectors from eight to nine. The new series, with base year 2022-23, will be released on July 20. Gross production data will now compile the steel index for consistency. Raw…

The Economic Times

Container traffic to drive growth at Indian ports up to 9% CAGR through FY28: Motilal Oswal

Container traffic is expected to drive Indian port growth through FY28. Coal traffic will likely decline due to domestic production and renewables. Petroleum, oil, and lubricants traffic will see moderate expansion. Iron ore traffic is projected to recover with increased domestic use. Policy support and infrastructure development position India as…

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