Thermal coal demand declining globally, driving fewer imports, production: analysts

Thermal coal demand is declining globally and forcing cutbacks of imports and production, driven by lower power-sector coal demand resulting from the coronavirus pandemic, analysts said. “After some delays compared with other commodities, the steam coal market seems to finally grasp the magnitude of the impact of the Covid-19 on the international demand,” Perret Associates […]

US thermal coal exports climb to nine-month high: Census

US coal exports rose to 6.19 million mt in February, as thermal exports climbed to a nine-month high, while metallurgical exports fell to a three-year low, Census Bureau data showed. February’s exports were up 9.5% from the three-year low 5.66 million mt in January and 1.8% higher than the 6.08 million mt exported in the […]

US steam coal exports broke downward trend in February

US thermal coal exports rose on a year-over-year basis for the first time in 13 months in February. A total 3.27mn short tons (2.96mn metric tonnes) of steam coal was shipped from US ports during the month, up from 3.12mn st a year earlier, although February 2020 had an extra day. Gains were made in […]

Millennium coal terminal project loses another appeal

Millennium Bulk Terminals has lost another appeal in its effort to build a new coal export terminal in Washington state. A three judge panel of the Washington State Court of Appeals yesterday ruled that the state Shoreline Hearings Board properly upheld a hearing examiner’s decision to deny Millennium’s substantial use and conditional use shoreline permit applications. Millennium […]

Democrats kill coal export bill

A House Democrat’s procedural maneuver cost Speaker of the House Steve Harshman (R-Casper) a win on Friday and may cost the governor tens of millions of dollars to push for coal exports. The action came during the final vote on House Bill 231 – Coal severance tax exemption-Canadian and Mexican ports. The bill provides a […]

Coal states sue California cities and Washington state to force ports to ship exports

Buffeted by falling domestic demand, America’s ailing coal industry set its sights a decade ago on the promise of reaching Asian markets. But that meant shipping from West Coast ports, and politicians there had other ideas. Some coastal communities, taking a stand against coal to fight climate change and protect public health, acted to block […]

Efforts To Boost Coal Exports Progress

The House Revenue Committee went back and forth over a bill that looks to incentivize coal exports, voting 5 to 3 to move the bill forward. House Bill 231, Coal Severance Tax Exemption – Canadian and Mexican Ports, is one of three bills with the goal of boosting exports this session along with the Wyoming Coal Marketing […]

China to offer tariff exemptions on US coal product imports (Platts)

Singapore — China will offer tariff exemptions on several US imports, the China’s Ministry of Finance said Tuesday, that includes US-origin metallurgical coal and thermal coal, with traders are saying the move could benefit the latter more than met coal. According to the statement, China will not levy its 301 countermeasures against imported goods from […]

India’s future energy options all add up to coal, agree the experts (PV Magazine)

Panellists including a government representative and a member of the chief policy thinktank used by Narendra Modi agreed coal will continue as the staple source of Indian power into the mid century and technology should be employed to ‘clean’ it. Although the hydrogen economy, energy storage options such as lithium and zinc-bromine and solar power […]