WASHINGTON (Reuters) - A Pennsylvania-based coal company said on Monday it signed its first contract with Ukraine to sell coal that is burned to produce electricity in a deal sped along by the U.S. and Ukrainian governments. Privately held Xcoal Energy & Resources agreed to supply...

Glencore has acquired half a coal mine in Australia, just weeks after losing a bidding war to buy the whole lot. The FTSE 100 mining giant will shell out $1.1bn (£839m) to buy a 49pc stake in the Hunter Valley Operations in New South Wales. It will buy out Japanese conglomerate...

TOKYO (Reuters) - Japan's environment minister is likely to recommend the trade ministry reconsider a coal-fired power project planned by Chubu Electric Power Co amid concerns over rising carbon emissions, local media said on Wednesday. The likely recommendation comes as the environment...

LONDON/SINGAPORE (Reuters) - Coal prices' march to eight-month highs, driven by China's huge appetite for power consumption, looks like an interlude in a longer-term decline and is seen losing traction later this year. Investors widely anticipate a slow demise for coal use due to...

Australia’s largest power generator, AGL Energy Ltd., has urged the government to exclude coal from its planned clean energy target and said there is no appetite among private investors to fund new coal-fired power plants. AGL, which sources 77 percent of its electricity generation from...

NEW DELHI (Reuters) - India has identified 5.5 gigawatts (GW) of inefficient coal-fired power plants to be retired, Power Minister Piyush Goyal told lawmakers on Thursday, as the country looks to cut emissions and make better use of its coal reserves. The Central Electrical Authority (CEA) has...

BEIJING (Reuters) - China's capital city Beijing is aiming to cut its coal consumption to below 5 million tonnes by 2020 and limit the use of coal in smog-prone areas, a document issued by the Beijing Municipal Government showed on Tuesday. The city, which suffers from bouts of choking...

WARSAW (Reuters) - Nearly 60 percent of Polish energy in 2030 will come from bituminous coal and lignite, Deputy Energy Minister Grzegorz Tobiszowski said on Tuesday. Poland, due to a lack of alternative energy sources and as trade unions retain their grip on the industry, currently generates...

Rio Tinto shareholders have approved Yancoal Australia’s acquisition of its subsidiary, Coal & Allied Industries, which owns majority shares in the Hunter Valley, Mount Thorley and Warkworth coal mines. Chinese owned Yancoal lodged a $US2.45 billion ($3.23 billion) offer for the Hunter...

Imagine you live in a village where one very large and powerful family both farms and eats half of the grain, and has massive tracts of unused, fertile land. Is the grain business one you would want to get into? This is roughly the situation the world’s coal producers find themselves...