Coal

Triple Energy, Australia will begin drilling for coalbed methane in China’s Heilongjiang province soon.

An international commodities marketing and trading enterprise, Javelin Global Commodities, has been launched by a group formed of leading coal marketing and trading, coal production and sales, and electric power generation entities.

It is reported that 3Q15 metallurgical coal contracts between Australian coal miners and Japanese steel producers have dropped 15%.

Tighter self-bonding requirements for US coal companies could speed up coal industry restructuring in the US, as it would further reduce company liquidity.

Hal Quinn, President and CEO of the US National Mining Association, has criticised current regulatory actions against the coal industry as “policy-based asset destruction”.

According to the latest report from the US Energy Information Agency (EIA), coal production continued to decline y/y for the week ending 13 June.

The co-chairmen of the West Virginia Coal Forum have called on Governor Earl Ray Tomblin to "forestall the closures" of six of the state's coal-fired power plants.

At the Wyoming Association’s Annual Safety and Reclamation Banquet, Cloud Peak Energy’s Cordero Rojo mine will be awarded the 2015 State of Wyoming Reclamation Award.

El Nino related weather patters in South and Southeast Asia are boosting demand for coal, raising benchmark prices in Australia by 8% since the beginning of June.

The American Coal Council has released a statement responding to Pope Francis’ recent encyclical on the environment.

A new report from the IEA Clean Coal Centre highlights the potential of enhanced coalbed methane, such as increased revenue and environmental benefits, as well as its challenges.

The United Mine Workers of American has opposed the sale of bankrupt Patriot Coal’s assets to Blackhawk Mining.

John Pippy, CEO of the Pennsylvania Coal Alliance, has criticised the US Environmental Protection Agency’s Clean Power Plan before state legislators.

CNX Coal Resources – the master limited partnership created by CONSOL Energy to run its Pennsylvania coal assets – has announced plans for its IPO.

Chinese coal companies have made significant gains in this year’s ranking of the Top 40 most-valuable mining companies compiled by PwC.