Coal stocks slip after Glasgow climate deal

An international agreement to reduce coal use dragged Asian coal shares somewhat lower on Monday, but tight supply provided a solid floor for many stocks in a sector that has chalked up huge gains this year. U.N. climate talks in Glasgow ended on Saturday with a deal targeting fossil fuel use. Continue Reading

Consumers association express concern over drop in dry fuel supply

Captive power producers and coal consumers association have expressed concern over drop in dry fuel supply and sought steps by Mahanadi Coalfields Ltd (MCL) to withdraw its decision to release coal at minimum commitment level and quantity. Continue Reading