India expects to add a large chunk of coal-fired power capacity in 2024, which will be the largest yearly rise in its coal fleet in at least six years. Indian utilities will…
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 accounted for high-quality coal from Kuzbass and…
Coal is still a glowing part of global commodities markets
Coal is still a glowing part of global commodities markets even if prices for the energy source are sliding. Despite widespread perceptions that the coal industry is…
India: Overall coal production likely to surpass One Billion Tonnes in 2023
Members of Parliament appreciated the efforts made by the Ministry of Coal for increasing the domestic coal production and made valuable suggestions. Union Minister of Coal, Mines and Parliamentary Affairs , Shri…
Coal Byproducts Are a Great Source of Rare Earth Elements
Civilization as we know it wouldn’t exist without rare earth elements. No smartphones, LEDs, wind turbines, or even car batteries. REEs, such as cerium…
Lithium Price Slump? Exxon Says No Problem
The price of lithium may have fallen and Albemarle may consider them to be “unsustainable”, but Exxon isn’t giving up on its lithium expansion plans, Exxon’s lithium global business manager said in…
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 in a rush to sell into the…
ADM Under Investigation for Accounting Procedures
US prosecutors are investigating Archer Daniels Midland due to their accounting procedures. The chief financial officer of the global agricultural commodities trader was put on leave last month while an internal investigation…
Germany closes down last remaining nuclear plants
Germany will close down its three remaining nuclear reactors this weekend, marking the end of an era in its energy history. Germany closed over 18 GW of…
Loophole Allowed Russia to Earn $1.2 Billion From Fuel Sales to the EU
An EU sanctions loophole that allows imports of Russian crude if it’s refined elsewhere made Russia an estimated $1.2 billion (1.1 billion euros) from sales of fuels in the European Union last…