thermal coal
Coverage of thermal coal in the Nexus archive.
- Indonesia’s Prabowo retreats on commodities reform amid market pressure
Prabowo has retreated on implementing commodities reform amid prevailing market pressure. Previously, a state-owned agency had threatened to shake up the trade of several key commodities. These commodities include nickel, thermal coal, and palm oil.
- China’s Coal Demand Gets Boost as Heatwave Lifts Aircon Use
China's thermal coal prices are rebounding due to increased air-conditioner usage and power demand caused by a heatwave. The hotter weather, following a mild summer start, is driving higher energy consumption.
- Bank of England to stop accepting bonds linked to coal for key loans
The Bank of England will stop accepting bonds linked to thermal coal for key loans starting in October, a decision climate campaigners describe as a victory. The move targets assets tied to one of the most polluting industries, aiming to pressure commercial banks to reconsider fossil fuel-related holdings.
- Indonesia’s Radical Export Experiment Upends Its Commodity Trade
Indonesia is the world's largest producer and exporter of palm oil and a major seller of thermal coal and nickel. The country's radical export experiment has impacted its commodity trade. Indonesia dominates the global market in these commodities.