5 stories found
Indonesia's Prabowo has reportedly backed down on proposed commodities reforms, which aimed to shake up the trade of nickel, thermal coal, and palm oil, following significant market pressure.
Scientists are warning of the potential for a "super El Niño" event, which could lead to record global temperatures and an increase in wildfires. This phenomenon is projected to make 2026 an exceptionally extreme year for climate, with concerns about its impact on the planet.
Alberta's provincial regulator has approved a significant expansion of a thermal coal mine near Hinton, Alberta, despite strong environmental opposition. This decision allows the operator to extend the mine's lifespan well into the next decade.
Ukrainian company Coal Energy has outlined plans to extract thermal coal in Poland, despite facing difficulties in its previous attempt and anticipating challenges this time around.
Thermal coal imports and prices in Asia are experiencing a lift, influenced by ongoing global conflicts and a decrease in China's domestic coal output.