India’s coal sector is in the limelight following a series of recent government decisions. A new study by data analytics company GlobalData shows that India and a few other countries would step in to bolster an anticipated about 7.8% drop in U.S. coal production this year.
Tag: Coal
This Morning in Metals: Ford employees could get chance to continue working remotely
This morning in metals news, thousands of Ford Motor Co. employees who have been working remotely as a result of the coronavirus pandemic might be allowed to continued doing so during the remainder of the year, Chinese coal imports dropped in May and Chinese steel rebar prices lost some ground on oversupply concerns.
Indian government launches coal reforms, aims to save on imports
Sector experts in India are hailing the new coal mining and mineral sector reforms announced a few days ago by the country’s finance minister, believing the reform will open up commercial coal mining, attract investments and save on India’s import bills, thus pushing self-reliance in coal production.
Renewables take a bashing, but their application will grow in the longer term
Renewables are not normally a core topic of ours. In recognition of the growing importance of the sector and the legal and incentive landscape that is encouraging investment in such technologies, MetalMiner does produce a Renewables Monthly Metals Index (MMI) that tracks metal input costs to the sector. But, as a rule, we tend not […]
India’s Coal Imports Drop Despite Coal India’s Operational Setbacks
It has come as a surprise to some in the coal sector that for the third consecutive month, India’s coal imports are set to drop in October. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. News agency Reuters reported India’s seaborne imports of […]
Doubts Remain Over Economic Viability of Carbon Capture Tech for Coal-Fired Power
Following a decade of hype, there remains huge debate about the viability of carbon capture as a solution to carbon emissions from coal-fired power stations. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook A recent article in the Financial Times lays out both sides of the argument. On the one hand, […]
Glencore Q1 Copper Production Falls 7%, Cobalt Rises 56%
Miner Glencore reported its Q1 2019 production figures this week, showing own-sourced copper production dipped 7% year over year, while cobalt production surged 56% year over year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Glencore’s copper production totaled 320.7 kt in Q1 2019, while cobalt production reached 10.9 kt. According […]
India’s Reliance on Coal Draws Criticism from Greenpeace, Other Agencies
India’s continued emphasis on coal-based power plants has drawn flak from Greenpeace India and other agencies. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook A report released jointly by Global Energy Monitor, Greenpeace India and the Sierra Club said the Indian government continued to support thermal power plants when they […]
India’s Coal Sector is in Need of a Boost
India’s coal sector clearly needs some urgent initiatives from the government in order to give it a boost. Some analysts say it’s time the government opened up commercial coal mining to the private sector. This would have a dual effect — it would attract global coal mining companies and also bring new technology and best […]
Will India’s Coal Power Paradox Make the Country More Green?
Few would have predicted this five years ago, but India is facing a real dilemma. It is exacerbated by the country’s predilection for subsidies and set against the backdrop of a chronic power generation landscape. As any regular traveler to India will know, while power outages are not as common as they once were, they […]
