- Tuesday March 19,2024
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China Coal Energy Co., Ltd produced 10.42 Mt of commercial coal in Feb, down 1.7% YoY and 9.2% MoM, said the company in a statement released on Mar 15.
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Australia's coal exports were worth A$7.24 bln ($4.72 bln) in Jan 2024, down 12.43% MoM and 27.72% YoY, according to the Australian Bureau of Statistics.
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China exported 0.23 Mt of coal in Feb 2024, down 9.3% YoY and 70.89% MoM. The total export value fell 47.1% YoY and 74.37% MoM to $47.53 mln, according to latest data released by GAC.
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As of Mar 1, 453 coal mines in Shanxi has resumed production, representing 92.3% of the total shutdown mines during the CNY holiday. The Shanxi Bureau of the National Mine Safety Administration strengthened acceptance supervisions and inspections, ensuring safe and orderly resumption of local mines.
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Coal shipments from Australia's Gladstone port increased 79.9% YoY yet fell 0.3% MoM to 5.04 Mt in Feb 2024, showed data from the Gladstone Ports Corporation.
- Monday March 18,2024
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Newcastle port exported 10.98 Mt of coal in Feb, up 6.03% YoY yet down 15.95% MoM, Port of Newcastle data showed. Coal exports were valued at A$2.25 bln ($1.47 bln), down 30.59% YoY and 17.56% MoM.
- Friday March 15,2024
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To mitigate the risk of severe accidents in the mining sector, Shandong province has implemented new coal mine safety access standards. These standards include a requirement for coal mines to achieve a production threshold of 0.3 Mtpa after construction or expansion. Additionally, ongoing coal projects with capacities below 0.9 Mtpa must be discontinued, especially if they operate under complex mining conditions that increase the likelihood of natural hazards such as gas leaks, rock bursts, and flooding.
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China Shenhua Energy Company Limited produced 25.90 Mt of commercial coal in Feb, unchanged YoY yet down 4.8% MoM, said the company in a statement. The company's commercial coal sales reached 38.6 Mt, up 0.8% YoY and 0.3% MoM.
- Thursday March 14,2024
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Total coal exports from Hay Point, DBCT, Abbot Point, and Gladstone in Australia's Queensland reached 16.14 Mt during Feb, marking a 30.5% y-o-y increase and a 4.5% m-o-m rise, according to data released by North Queensland Bulk Ports Corporation and Gladstone Ports Corporation.
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Coal imports through India's 12 state-run ports totaled 14.39 Mt in Feb, down 0.94% YoY and 14.45% MoM. Thermal coal and coking coal imports stood at 9.56 Mt and 4.82 Mt respectively, showed the latest data from Indian Ports Association.
- Wednesday March 13,2024
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China's Taiwan imported 2.82 Mt of coal in Feb 2024, down 34.10% YoY and 39.13% MoM, marking the lowest since at least 2003, preliminary customs data showed.
- Tuesday March 12,2024
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Vietnam imported 4.18 Mt of coal in Feb, rising 31.34% YoY yet falling 17.77% MoM, down to a 4-mth low, preliminary customs data showed.
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A gas explosion accident occurred at the Xieqiao coal mine, a subsidiary of Huaihe Energy Group, on March 11 at about 12:10 pm. There were 24 miners working underground at that time. 22 were safe, yet seven were dead. Two remained trapped underground, and the rescue is underway, state media CCTV reported.
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According to state media CCTV, a shaft bunker collapsed at a coal mine operated by Taoyuan Xinlong Coal Industry Co., Ltd., located in Zhongyang county, Shanxi province, on the evening of Mar 11, burying seven miners. As of 7:00 a.m. Mar 12, five have been found dead. The remaining two remain missing, and a search is currently underway.
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Mongolia exported 1.12 Mt of iron ore over Jan-Feb 2024, up 35.29% YoY. The total export earnings amounted to $90.16 mln in the year, up 38.62% YoY, showed the latest data from the Mongolian Customs General Administration.