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Coal Forum Headlines

It is our intent to keep you and your colleagues abreast of pertinent developments within the coal industry on a frequent basis. 

Accordingly, Coal Forum Headlines is a compilation of daily articles and stories about coal from around the region and the world. Upon reviewing this news stream, if you have suggestions to improve it or make it more useful please let us know.  And lastly, please share this with your colleagues and if they have an interest simply have them visit here to receive future editions directly.

Citi pledges to stop thermal coal-mining financing by 2030
Banking Dive

Dive Brief: Citi has pledged to stop providing financial services to thermal coal-mining companies by 2030, the bank said Monday in a statement, ...

Indiana coal company lands $10M federal loan
messenger-inquirer

Under Small Business Administration guidelines, some bituminous coal mining firms with up to 1,500 employees can qualify for the loans. The Terre ...

Coronavirus pandemic clobbers Wyo coal industry
Kotatv

(AP) - The coal industry was already hurting before the coronavirus, and the pandemic has made things much worse. Lockdowns have shut off lights in ...

South African coal industry faces up to 14-year low prices
Argus Media (blog)

South African coal industry faces up to 14-year low prices. Posted 21 April 2020. Share: AddThis Sharing Buttons. Share to LinkedIn Share to Twitter ...

Australian coal industry reviews expansion plans
Argus Media

Australia's coal industry is reviewing plans for expansion and sustaining capital expenditure as they attempt to conserve cash amid fears that coal ...

Coal's outlook darkens as Appalachian companies idle mines, declare bankruptcy
Pittsburgh Post-Gazette

Last week, Moody's Investors Service wrote that it “expects a very challenging year for the coal industry in 2020” and identified the sector as one of ...

Sekoko Resources CEO on COVID-19-lock-down & its impact on the coal industry
CNBCAfrica.com
Last week the South African Minister of Mineral Resources and Energy Gwede Mantashe announced that mining companies may start re-opening at ...

On the brink of a coal boom, Papuans ask who will benefit
Mongabay.com

An investigation into the coal industry in Horna, on the Bird's Head Peninsula of the island of New Guinea, reveals that a company granted exploration ...

Dry Bulk Market: Japan's Coal Imports in Q1 2020 A Boost for Dry Bulk Owners
Hellenic Shipping News Worldwide

In its latest weekly report, shipbroker Banchero Costa said that “coal trade in Asia is proving remarkably resilient this year, despite the global economic ...

Hampton Roads coal exports total 2.1 million st in Feb, down 21% on year: VMA
Hellenic Shipping News Worldwide

Coal exports out of the Hampton Roads terminals in Virginia totaled over 2.1 million st in February, down 22.1% from January, Virginia Maritime ...

Japan coal imports recover in March, but outlook weak
Argus Media

But the outlook for coal burn remains weak amid a lockdown scheduled to end on 6 May and the prospect of stiffer competition from LNG imports. Japan ...

China's Guangxi approaches 80% of annual coal import quota
Hellenic Shipping News Worldwide

“Chinese coal prices were down and trading volumes were largely below government expectation,” a southeastern China-based trader said. The Import ...

US coal carrier departures reach eight-week high with 42 carriers: cFlow
S&P Global

Houston — Weekly US coal ship departures totaled 42 in the week ended April 18, up eight from the previous week, data from cFlow, Platts trade-flow ...

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The West Virginia Coal Forum was created in 1986 under the auspices of the Mine Safety & Technical Review Committee and at the direction of the West Virginia Legislative Committee on Coal Mining. This body was created to establish a forum for the coal industry to jointly resolve or develop technical and other issues impacting the industry, particularly those issues of an economic nature, or of major significance to the coal industry. The Forum also provides a means for management and labor leaders to develop joint legislative issues and programs and to promote the coal industry.

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