Latest news
Spain gets the EC green light to provide €2.13bn aid for the closure of uncompetitive coal mines
Spain received the green light from the European Commission (EC) to provide €2.13 billion (£1.62bn) in public funds to close 26 uncompetitive coal mines in the country.
read more... 02/06/2016
Czech EPH will purchase Vattenfall's German lignite coal operations
Sweden's Vattenfall has decided in principle to sell its loss-making lignite coal mines and associated electricity plants in Germany to Czech investor EPH after two competitor bidders dropped out, as stated by three people familiar with the matter on Friday.
read more... 11/04/2016
Two Czech companies submit bids for Vattenfall's German coal and power activity
Two Czech companies have submitted offers for Vattenfall's loss-making lignite coal mines and related power plants in Germany, but to reach a deal the Swedish state-owned conglomerate might have to pay into covering future mothballing costs.
read more... 17/03/2016
Czech minister intends to gradually phase-out hard coal mines
Hard coal mines in eastern Czech Republic will be eliminated by 2022 and the government hopes that the hard coal industry will slowly recover, led by cash-strapped miner New World Resources, as stated by Industry Minister Jan Mladek on Tuesday.
read more... 07/01/2016
China not to approve new coal mines until at least 2019
China, world’s largest coal consumer, has taken a tough decision to block any new proposed coal mines at least until 2019.
read more... 06/01/2016