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The coal mining landscape is gearing up for a significant shift as developers in 30 countries, particularly China and India, prepare to expand their production capacity despite an impending decline at newly operating mines in 2024. This ambitious initiative…
China’s coal demand is anticipated to experience a modest decline this year, a turn of events that reflects broader trends in the global energy landscape. The International Energy Agency (IEA) projects that overall global coal consumption will remain stable,…
Vietnam has signed a deal with Laos to import around 20 million tons of coal a year for the next five years. The memorandum of understanding was signed for the purpose Thursday by the Vietnamese Ministry of Industry and Trade and the Lao Ministry of Energy…
Thermal power plants in northern Vietnam are short of over one million tons of coal for power production for this and next month, which could intensify electricity shortage in the region. Vietnam’s main coal suppliers Vinacomin and Dong Bac Corp were obliged…
Vietnam wants to import around five million tonnes of coal from Australia amid a domestic shortage that has forced power plants to cut production. Apprising Australian ambassador Robyn Mudie about this on Friday Minister of Industry and Trade Nguyen Hong Dien…
Vietnam’s biggest coal miner Vinacomin is struggling to provide enough coal to thermal power plants due to shortage of workers and surging costs. The state-owned company provided 6.3 million tons of coal to power plants from the beginning of the year to March…
As part of its efforts to support the transition to a low-carbon future, the bank has set a target of 2039 to cut its thermal coal exposure to zero. DBS, Southeast Asia’s largest bank, has announced plans to reach its goal of zero thermal coal exposure by…
Vietnam’s coal imports surged to a record high in the first half of the year, showing its rising reliance on coal-fired power plants. They rose 53.8 percent year-on-year to 31.57 million tons, according to Vietnam Customs. The imports, mostly from Australia,…
A halt to investment in new coal-fired power plants is required to check the trend of increasing coal consumption, a report warns. The report, released on Monday by the Ministry of Industry and Trade in collaboration with Denmark’s Energy Agency, said the…
The government Thursday reaffirmed Vietnam’s desire for a greener energy mix amid the risk of a power deficiency. Environment-friendly coal- and gas-fueled and renewable power plants would make up the mix. While Vietnam faces “obvious risks of an energy…
Prime Minister Vietnam Nguyen Xuan Phuc has ordered agencies to ensure that the country won’t suffer power shortages in 2019. The Prime Minister has communicated this to relevant agencies several times, Mai Tien Dung, Minister and Chairman of the Government…
Indonesia President Joko “Jokowi” Widodo will decide on Tuesday (31/07) whether the government’s policy on coal for domestic use should be revised, considering both the need for price stability and for reducing the current external deficit. The government in…
The Ministry of Trade has decided to postpone for six months the application of rules saying coal and crude palm oil export shipments should use Indonesian insurers, the country’s leading coal industry association said. The decision would be the second time…
Buyers of Indonesian coal are holding back orders of the fuel after the government issued new shipping rules for coal and crude palm oil that would restrict exports to Indonesian vessels, an industry association said today. Jakarta issued rules in October…
The global price of coal has doubled since the beginning of 2016 and could result in Vietnam spending an additional $1.27 billion per year on the fuel by 2021, new analysis has revealed. The current market price of thermal coal has risen to $100 per ton,…
Imported coal is currently cheaper than what’s available on the domestic market, so which industry should the government support? Thousands of workers at Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) could lose their jobs if…
