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Articles for tag: Coal, copper, critical, expands, list, minerals, Trump, Uranium

November 7, 2025

News Desk

Trump expands critical minerals list to copper, coal and uranium

A general view of the White House as U.S. President Donald Trump’s motorcade returns after a trip to Trump National Golf Club, in Washington, DC, U.S., July 20, 2025. — Reuters Outline a plan to push the US to secure supplies. Copper vital for electric vehicles, power grids, data centers. Coal Met aligns with Trump’s fossil fuel support. The Trump administration on Thursday added 10 minerals to a list it considers essential to the U.S. economy and national security, including copper, vital to electric vehicles, power grids and data centers, and metallurgical coal, used to make coke fuel for steelmaking.

August 4, 2025

News Desk

China may have broken ‘Coal Code’

Listen to the article Lahore: For the first time in its recent history, China has managed to increase energy use while reducing carbon emissions – a landmark that is considered an early sign of “absolute disconnection” and possibly one of the most subsequent shifts to global climate policy. With a violation of the historical bond between economic growth and growing emissions, China seems to be launching a high content transition to an “after carbon industrial model”, placing itself as the world’s first pop -up electrus. While many countries have reduced carbon intensity, few have increased financially and consume more energy

April 2, 2025

News Desk

Coal Imports hit three -year low

Listen to the article Colorado: The largest thermal carbon buyers in the world hit the brakes in imports in the first trimester of 2025, driving the markets to the lowest quarterly total in three years, data from the Kpler ship monitoring company. The global carbon imports for the first trimester were just over 240 million metric tonnes, about 10 million tonnes less than sent in the same quarter a year ago. China, India, Japan and South Korea-the leading global carbon importers in 2024-all reduced first-quarter markets by more than 10% from the same period in 2024, as intense higher net

February 27, 2025

News Desk

Natural gas faces the competition from coal in Asia’s electricity industry

Listen to the article Gas producers, exporters and commercial companies are banking in Asia – the largest and fastest growing energy market in the world – to lead to increased gas demand in the coming decades. But while the total gas consumption in Asia will certainly extend to today’s levels, gas traders may need to mitigate their optimism in the light of increasing carbon capacity throughout the area. Asia’s largest economies have three times more carbon burning capacity under the construction of gas burning capacity, according to Global Energy Monitor (GEM) and are already based on carbon for about 45%

September 10, 2024

News Desk

Thar coal is called a game changer for economy

Islamabad: Private Power and Infrastructure Board (PPIB) Director General Coal Said Ali Nawaz remarked that Thar coal is truly a game changer for Pakistan’s economy as the country has spent $6 billion on coal imports in the last three to four years. “Over the next five years, we could reap the full benefits as the base load shifts to Thar coal. This will reduce power prices and have an overall impact of Rs2 to Rs3 on the basket price through the conversion of three imported units based on carbon,” he said. Nawaz was addressing a seminar on “Leveraging Domestic Coal

August 24, 2024

News Desk

Pakistan is urged to tap indigenous coal

Islamabad: Pakistan’s renewable energy ambitions should be balanced with the strategic use of Thar coal to achieve energy security and maintain a stable base load, rather than relying on imported fuels. This was the consensus at a seminar titled “Leveraging Domestic Coal Resources for Sustainable Energy in Pakistan”, organized by the US Pakistan Center for Advanced Energy Studies (USPCAS-E), NUST. Experts pointed out that converting imported coal-based power plants to local coal could reduce tariffs for consumers and ease the financial burden of coal imports on the national economy. Dr Majid Ali, Associate Professor at USPCAS-E, presented a white paper

July 21, 2024

News Desk

In bid to lower electricity prices, Pakistan to push Chinese IPPs to adopt local coal

Federal Minister of Energy (Department of Power) Awais Leghari gestures during an interview in this undated photo. — X/GovtofPakistan Leghari says Pakistan will ask Chinese IPPs to stop importing coal. It says the move will also ease pressure on foreign reserves. Shifting claims can save Pakistan over Rs 200 billion/year in imports. Islamabad: Pakistan has decided to push Chinese independent power producers (IPPs), which rely on imported coal, to switch to locally sourced solid fossil fuels to reduce production costs and provide relief to consumers plagued by inflated bills. general interest. “Pakistan this month will ask Chinese power plants operating

April 16, 2024

News Desk

All factories will switch to local coal

Islamabad: Pakistan on Monday decided to convert all imported coal-fired power plants to local coal, including three Chinese plants. The aim is to save $800 million annually in coal prices and reduce end-consumer prices by about Rs 3 per unit. The decision was taken at a meeting chaired by Prime Minister Shehbaz Sharif, who also approved the implementation of the Weighted Average Cost of Gas (WACOG). This move would result in another 41% increase in natural gas prices, taking average prices from Rs 1,597 per unit to over Rs 2,250. Although this decision will increase end-consumer prices, it will accurately

April 6, 2024

News Desk

Liberty Power bets on coal, IMF reforms to make the most of $125 million deal

The image shows workers engaged in a coal mining project. — APP/File Liberty Power Holding, a company operating in Pakistan that recently acquired the thermal power assets of the country’s largest conglomerate Engro Corp for $125 million, is betting on the latter’s coal reserves and implementing IMF-recommended reforms to make the most of this deal. Under the deal, Liberty Power will also buy Sindh Engro Coal Mining Company among other assets of Engro Corp, Reuters mentionted. The deal is one of the biggest in recent years in Pakistan’s electricity sector, which has been in crisis for years due to unpaid

February 17, 2024

News Desk

Bonds rally according to Goldman Sachs forecasts

KARACHI: Responding to Goldman Sachs’ forecast of a recovery in Pakistan’s US dollar eurobond, the top foreign bond maturing in April 2024 and others maintained an uptrend for the second consecutive business day on Friday. This marks a partial recovery from the roughly 5% drop following the post-election shakeup. In a story titled “Goldman Sachs sees end to Pakistan bond sell-off on IMF outlook”, Bloomberg reported on Thursday that “Goldman Sachs Group Inc says Pakistan’s dollar-denominated bonds will recover, overcoming a breakout electoral mandate, as the leaders of the emerging coalition understand the severity of the economic crisis and we

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