Coal was more popular than ever in 2023, despite big promises from many world powers to curb production and use in favour of cleaner alternatives. […]
News
Record Surge in Global Coal Capacity Led by China
Continued expansion in China’s coal fleet and a slowdown in plant retirements in the United States and Europe in 2023 resulted in the highest net […]
Liquefied Natural Gas Potentially Worse than Coal in Climate Change
One of the largest energy sources in the world, which was once considered a substitute for coal, may have an even more detrimental impact on […]
Bitcoin whales not selling despite $70K — BTC holdings growth ‘is going parabolic’
Bitcoin addresses holding at least 1,000 BTC are climbing again despite the BTC price reaching over $70,000 for the first time. Bitcoin whales are not […]
Why People In Their 50s And 60s Are the Hottest Hires For 2024
According to The Hill more than a third of the U.S. workforce is now over 50, and this figure is set to grow. This statistic […]
Roman Bilousov: World coal market
Last week thermal coal indices on the European market continued steady recovery above 115 USD/t. The sharp price strengthening was driven by the introduction of […]
Additional negative factors undermine Russian coal exports
Rail shipments of Russian coal to ports in January-February 2024 decreased to 30.5 mio t (-3.7 mio t or -10.8% y-o-y). Moreover, the main decline […]
Russian producers suspend coal export supplies to Taman in Feb 2024
Due to high transshipment rates at OTEKO terminal in Taman, that make coal exports unprofitable, Russian mining companies did not submit railroad applications to the […]
Export duties on Russian coal to return in March
The Russian government is returning export duties on coal. The new duties will be effective from March 1, 2024 to February 28, 2025. The tax […]
World coal market: brief overview
Last week thermal coal indices on the European market surged up to 110 USD/t, driven by the introduction of sanctions against major Russian coal companies […]