UK Coal, Britain’s biggest coal supplier, is understood to be planning to dismiss an informal approach from Meinl, an Austrian investor, to buy the company’s coal and power generation units.
UK Coal received a letter last week from the board of Meinl saying it was interested in purchasing the company’s operations, excluding its property interests, and [...]

ESKOM’s decision to terminate a multimillion-rand contract with a public company to transport coal to power stations is one of the reasons South Africa’s cities and towns have been left in the dark.
The revelation comes in a week in which power cuts hit thousands of homes and businesses across the country, and amid warnings that [...]

The Economy, Trade and Industry Ministry and Kobe Steel Ltd. will in March start construction in Indonesia of the world’s first plant capable of turning low-grade coal into high-grade coal.
According to sources in the ministry and the company, the plant will be built to test the commercial potential of a method in which low-grade coal, [...]

Coal producers and power plants agreed to lift coal prices this year by an average of 30 yuan per tonne, or around 10 percent, state media reported, striking a deal for the first time without government intervention.
Shares in listed coal firms soared on Thursday on improved prospects for coal prices. China Shenhua Energy and [...]

Indonesian and Japanese firms agreed Friday to jointly build a factory to produce upgraded brown coal (UBC) in South Kalimantan province with an investment of 68 million U.S. dollars.
The project involves Japan Coal Energy as a ready buyer, Kobe Steel as contractor, Indonesia’s PT Arutmin as coal supplier, state-run oil firm PT Pertamina and the [...]