Asia
China:
Output averaged 9.8 million tonnes per day during April, totaling 290 million tonnes for the whole month.
Japan:
The bank said in a revised sustainability policy that it will only finance projects in line with international guidelines and plants that use ultra-supercritical or more advanced technology.
Australia
Peabody Energy Corp. will begin the ventilation of the first segment of its North Goonyella coal mine in Queensland, Australia, in consultation with the Queensland Mine Inspectorate, as part of the mine's expected longwall production in 2020.
Europe
France:
She said the bank was obliged to see through existing contracts, but the amount of its loans to the sector would decline "significantly" between 2019 and 2023.
* Paris-based Société Générale SA extended its reduction of coal involvement in a new policy that will be published before July 1, according to a May 23 release.
The bank will end its financial services and product offering to companies that use 50% or more thermal coal in their activities and to companies using between 30% and 50% thermal coal that do not have a strategy to reduce use to 30% by 2025.
Latin America
Colombia:
Colombia received more than $170 million in royalties from coal in the first quarter, according to the country's mines and energy ministry.