>>The Finland government is expected to announce a legislation to lower coal usage for curbing CO2 emissions. Coal accounts for 10% of the total energy generation; and the proposed legislation is the first step of the nation to completely phase out coal by 2030.
>> In Montana (of USA), 3.36 MnT of coal was produced in July’17, and that was up by around 2 MnT from that in the same month of the previous year. Increased exports to Asia, particularly to South Korea and Japan, could be attributed for the higher coal production.
>>Global mining major—Rio Tinto—has completed sale of its wholly-owned subsidiary, Coal & Allied Industries Limited, to Yancoal Australia Limited. With the production of all operations at the Hunter Valley being transferred to the buyer, Rio Tinto’s target for Thermal Coal Production has been reduced to 13-14 MnT from 17-18 MnT.
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