Coal Industry News
A collection of Coal latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Diamonds & Coal:
Tired of ads? Subscribers enjoy a distraction-free reading experience. Diamonds to the many Jenkins Township residents who showed up at a Board of Supervisors public hearing in opposition to an undefined request for rezoning some mine-scarred land…
Keeping the Craig coal power plant open will only hurt Colorado rate payers (Opinion)
Getting your Trinity Audio player ready... The president's eleventh hour executive order to keep the coal-fired Unit 1 at the Craig Station in operation is the combination of this administration's signature way of governing: disregard for science…
BHEL wins coal gasification order for Jharsuguda coal-to-chemicals project
State-owned BHEL on Thursday said it has secured an order from Bharat Coal Gasification and Chemicals Limited for coal gasification and raw syngas cleaning facilities for coal-to-ammonium nitrate project at Jharsuguda, Odisha. Bharat Coal…
Coal and power groups back UP-Norfolk Southern rail merger
(The Center Square) – Several major coal producers and power industry groups are urging federal regulators to approve the proposed Union Pacific–Norfolk Southern merger. The producers argue that reliable rail service plays a key role…
Coal smuggling syndicate, hawala operators, and a cop close to 'kingpin': How ED linked them to I-PAC
“A large part of this coal was sold to the Shakambhari Group of companies,” an ED official alleged. The central agency claimed that the investigation has established links with hawala operators. “One such operator, allegedly…
Coal tailings could solve United States' need for rare earth elements
Rare earth elements are an easy-to-find, hard-to-refine resource critical for everything from magnets and electronics to batteries and catalysts for chemical reactions. Since the 1980s, a race has been on between the United States and China for…
ED moves HC, accuses Mamata Banerjee of obstructing coal pilferage probe
The Enforcement Directorate (ED) on Thursday moved the Calcutta High Court alleging obstruction of its ongoing probe into an alleged multi-crore rupee coal pilferage scam, after West Bengal Chief Minister Mamata Banerjee barged into the home of…
BCCL IPO: Cheap on paper, costly in a downcycle; why Coal India may be the smarter pick
Central public sector enterprise Bharat Coking Coal Limited (BCCL) is India's largest producer of coking coal, a critical raw material used in steelmaking. Its operations are entirely concentrated in the Jharia coalfield (Jharkhand) and the…
ED flags Shakambhari Group as major end-user in Bengal coal smuggling probe
The Enforcement Directorate (ED) on Thursday identified the Shakambhari Group, an unlisted industrial group based in West Bengal, as a major end-user of illegally mined coal while investigating a multi-crore smuggling syndicate linked to Eastern…
Bharat Coking Coal Ltd raises ₹273.1 crore from anchor Investors ahead of IPO
Bharat Coking Coal, a wholly-owned subsidiary of Coal India Ltd, on Thursday raised ₹273.10 crore from anchor investors ahead of the issue opening on Friday. The coal major allotted 1.187 crore shares to anchor investors at ₹23 a…
ED raids I-PAC, Pratik Jain's home in West Bengal coal scam probe
The Enforcement Directorate on Thursday conducted searches at the office of political consultancy firm I-PAC and the home of its director Pratik Jain in Kolkata as part of a money laundering probe into an alleged multi-crore rupee coal pilferage…
FTSE 100 mining giants in talks over £190bn mega-merger
Two of the world's largest miners are in talks over a £190bn mega-merger to radically reshape global commodity markets. Glencore and Rio Tinto, both listed on the FTSE 100, confirmed on Thursday that they were holding discussions to create…
Archaeologists discover signs of Roman industrial hub at site in Sunderland
Archaeologists have found evidence of a huge and previously unknown industrial hub of Roman manufacturing in a discovery seen as one of the most significant finds in northern England for a century. Researchers were astonished to discover more than…
Rio Tinto in merger talks with Glencore but total takeover not the only option
Mining giants Rio Tinto and Glencore are in talks for a potential deal, which could see Rio buy all shares in the Swiss group, creating a combined mega miner potentially worth more than $US200 billion. Analysts have raised doubts that a total…
From scourge to saviour: How the sun powered the grid through a heatwave
On Wednesday, as the temperature soared into the 40s across large parts of southern Australia, the country's biggest electricity market stayed eerily quiet. Spot prices — a key sign of the balance between supply and demand across the…
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