Business News Asia
Indonesia aims to achieve its highest level of coal exports to foreign countries in history by 2023, according to the Minister of Energy and Mineral Resources. The country plans to produce 695 million tonnes of coal this year, with a…
China’s Customs Administration (GAC) reported that coal imports from Russia fell in December due to logistical issues and the harsh winter in Russia disrupting shipments. Furthermore, demand in China has also been declining due to the rising number of COVID-19…
India’s power plants are expected to import more coal this year to keep up with rising demand, as a result of extreme weather conditions and transportation bottlenecks that have affected domestic coal supply. India’s rapidly growing economy has led to…
China’s daily coal output declined in December due to the ongoing COVID-19 pandemic and its impact on miners and industrial demand, according to data from the National Bureau of Statistics (NBS). In December, China produced 402.69 million tonnes of coal,…
China’s daily coal production hits a record high in November 2022 as coal mines increase their production capacity to meet rising demand for heating fuel. This is despite logistical problems and increases in coal inventories caused by China’s strict COVID…
According to China’s customs authority, China imported more coal from Russia in August than in July, reaching at least its highest level in five years. China is seeking overseas power suppliers to meet peak demand during extreme heat. According to…
China’s National Bureau of Statistics (NBS) reported that daily coal production fell to a 3-month low as some mines in China’s largest coal production center cut production and some stopped manufacturing. This was due to the impact of heavy rains…
China’s National Bureau of Statistics (NBS) reported that daily coal production in China rose 16% year-on-year in July. China has asked miners to ensure sufficient supply to meet peak demand in the summer. According to the report, China produced 372.66…
According to the International Energy Agency (IEA), domestic coal demand in India is expected to increase by 7% for the full year from early 2022 as the country’s economy grows and electricity consumption increases. In contrast, coal consumption in China…
According to a report published today by the IEA, global coal consumption will increase modestly in 2022, returning to the record level of nearly a decade ago. The IEA points out that the outlook for coal is fraught with uncertainty…
