We partnered with Urgewald & 9 NGOs to publish today the first Metallurgical Coal Exit List (#MCEL)!
It's a public database of coal companies that are expanding their #MetCoal mining activities.
📢 We urge financial institutions to use it as a reference to support the transition to coal-free steel.
It's a public database of coal companies that are expanding their #MetCoal mining activities.
📢 We urge financial institutions to use it as a reference to support the transition to coal-free steel.
MCEL 2025 | Global Coal Exit List
www.coalexit.org
January 23, 2025 at 8:31 AM
Nice summary here from Reclaim Finance. An under-appreciated point about the steel industry is that each mill (about 400) has a life extending investment scheduled in the next 20 yrs. They can either lock in coal for decades to come or pivot to commercially available furnaces that run on green H2.
Reclaim Finance - ONG on LinkedIn: #coal #metcoal #groupebpce #hsbc #lloyds #natwest #barclays…
💡 The steel sector could become coal-free by the early 2040s, driven by innovative technologies and a growing push for decarbonization. Yet, financial…
www.linkedin.com
December 21, 2024 at 12:05 AM
Nice summary here from Reclaim Finance. An under-appreciated point about the steel industry is that each mill (about 400) has a life extending investment scheduled in the next 20 yrs. They can either lock in coal for decades to come or pivot to commercially available furnaces that run on green H2.
The steel industry claims metallurgical #coal (or #MetCoal) is “special” 🙄
But met coal is coal, pure & simple, with climate impacts that match or exceed thermal coal. Read the SteelWatch Explainer, “Met coal: what it is and why it is a climate risk,” to find out more 👉 bit.ly/4iyOMOn
#GreenSteel
But met coal is coal, pure & simple, with climate impacts that match or exceed thermal coal. Read the SteelWatch Explainer, “Met coal: what it is and why it is a climate risk,” to find out more 👉 bit.ly/4iyOMOn
#GreenSteel
April 25, 2025 at 11:31 AM
The steel industry claims metallurgical #coal (or #MetCoal) is “special” 🙄
But met coal is coal, pure & simple, with climate impacts that match or exceed thermal coal. Read the SteelWatch Explainer, “Met coal: what it is and why it is a climate risk,” to find out more 👉 bit.ly/4iyOMOn
#GreenSteel
But met coal is coal, pure & simple, with climate impacts that match or exceed thermal coal. Read the SteelWatch Explainer, “Met coal: what it is and why it is a climate risk,” to find out more 👉 bit.ly/4iyOMOn
#GreenSteel
CoalNewswire
·
Feb 29
South32 $S32.ax sells Illawarra #metcoal project to Golden Energy & Resources (GEAR), & M Resources for $1.65B. Key points include upfront cash of $1.05B, w completion expected in 1H 2025. More here: buff.ly/48zioWO
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Feb 29
South32 $S32.ax sells Illawarra #metcoal project to Golden Energy & Resources (GEAR), & M Resources for $1.65B. Key points include upfront cash of $1.05B, w completion expected in 1H 2025. More here: buff.ly/48zioWO
May 24, 2024 at 4:20 PM
CoalNewswire
·
Feb 29
South32 $S32.ax sells Illawarra #metcoal project to Golden Energy & Resources (GEAR), & M Resources for $1.65B. Key points include upfront cash of $1.05B, w completion expected in 1H 2025. More here: buff.ly/48zioWO
·
Feb 29
South32 $S32.ax sells Illawarra #metcoal project to Golden Energy & Resources (GEAR), & M Resources for $1.65B. Key points include upfront cash of $1.05B, w completion expected in 1H 2025. More here: buff.ly/48zioWO
CoalNewswire
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Mar 2
Australian seaborne #metcoal prices dipped after a 35,000 t cargo of Goonyella sold at $307/t FOB on Mar 1, down $7/t from prev trade. April paper contracts also decreased to $296-298.25/t. In China, a Russian miner sold a PCI cargo at $151/t CFR S China on Feb 28. #Coal
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Mar 2
Australian seaborne #metcoal prices dipped after a 35,000 t cargo of Goonyella sold at $307/t FOB on Mar 1, down $7/t from prev trade. April paper contracts also decreased to $296-298.25/t. In China, a Russian miner sold a PCI cargo at $151/t CFR S China on Feb 28. #Coal
May 24, 2024 at 3:46 PM
CoalNewswire
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Mar 6
Australian seaborne #metcoal prices remained mostly unch for March 6. While there’s buying interest for May arrivals, March offers haven’t attracted attention yet. Demand from India is subdued, but procurement of coke is active.
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Mar 6
Australian seaborne #metcoal prices remained mostly unch for March 6. While there’s buying interest for May arrivals, March offers haven’t attracted attention yet. Demand from India is subdued, but procurement of coke is active.
May 24, 2024 at 2:58 PM
CoalNewswire
·
Mar 6
Australian seaborne #metcoal prices remained mostly unch for March 6. While there’s buying interest for May arrivals, March offers haven’t attracted attention yet. Demand from India is subdued, but procurement of coke is active.
·
Mar 6
Australian seaborne #metcoal prices remained mostly unch for March 6. While there’s buying interest for May arrivals, March offers haven’t attracted attention yet. Demand from India is subdued, but procurement of coke is active.
that's not acceptable but neither is operating a not in my backyard approach if it can be put that way the problem is ph solved alip by metcoal that removes the contaminants for chemical battery storage and scrubbing exhaust as well as plasma that can hold particulate matter these are a retrofit
June 12, 2025 at 1:41 PM
that's not acceptable but neither is operating a not in my backyard approach if it can be put that way the problem is ph solved alip by metcoal that removes the contaminants for chemical battery storage and scrubbing exhaust as well as plasma that can hold particulate matter these are a retrofit
I understand it's you're reframing it again since you're trying to avoid the point about stochastics so you're back on sustainable — it's not efficient. Batteries use coal and metcoal. They are heavy and wear out, cause congestion and nuisance and deliver few benefits unless in miniature sometimes.
March 12, 2026 at 6:41 PM
I understand it's you're reframing it again since you're trying to avoid the point about stochastics so you're back on sustainable — it's not efficient. Batteries use coal and metcoal. They are heavy and wear out, cause congestion and nuisance and deliver few benefits unless in miniature sometimes.
➡️ In total, Glencore is planning to expand 17 coal mines around the world (thermal and #MetCoal) – some of which it intends to keep running beyond 2050 - even though all the scenarios by the International Energy Agency @iea.org point to a decline in coal production by 2050.
[6/8]
[6/8]
May 21, 2025 at 6:51 AM
➡️ Coal expansion remains at the heart of its strategy: Glencore has plans to expand its thermal coal mines, as well as making significant investments in #MetCoal, used for steel production.
[5/8]
[5/8]
May 21, 2025 at 6:51 AM
➡️ Coal expansion remains at the heart of its strategy: Glencore has plans to expand its thermal coal mines, as well as making significant investments in #MetCoal, used for steel production.
[5/8]
[5/8]
@zurich.com, one of the 20 largest #insurance groups worldwide, became the 1st insurer to commit not to insure #MetCoal expansion.
This comes at a crucial time when demand for coal reaches record levels, putting the net-zero transition further at risk. Other insurers like Axa & Allianz must follow.
This comes at a crucial time when demand for coal reaches record levels, putting the net-zero transition further at risk. Other insurers like Axa & Allianz must follow.
Zurich Insurance, no to new met coal - Reclaim Finance
In a Bloomberg article published in April 2024, (1) Zurich, one of the 20 largest insurance groups in the world, (2) made a new announcement relating to its underwriting activities for fossil fuel exp...
reclaimfinance.org
February 10, 2025 at 1:46 PM
@zurich.com, one of the 20 largest #insurance groups worldwide, became the 1st insurer to commit not to insure #MetCoal expansion.
This comes at a crucial time when demand for coal reaches record levels, putting the net-zero transition further at risk. Other insurers like Axa & Allianz must follow.
This comes at a crucial time when demand for coal reaches record levels, putting the net-zero transition further at risk. Other insurers like Axa & Allianz must follow.
Coal under the bus, part infinity (again)...
cleantechnica.com/2026/02/21/t...
#trump #trumpcoal #coal #fossilfuels #coalpower #coaljobs #coalminers #mining #miningjobs #coalemployment #metcoal #stateoftheunion #sotu #powergeneration #powerplants #us #usenergypolicy #beautifulcoal #cleancoal
cleantechnica.com/2026/02/21/t...
#trump #trumpcoal #coal #fossilfuels #coalpower #coaljobs #coalminers #mining #miningjobs #coalemployment #metcoal #stateoftheunion #sotu #powergeneration #powerplants #us #usenergypolicy #beautifulcoal #cleancoal
Trump Fails To Stop Coal Job Bloodbath
The US is bleeding coal jobs again, despite the efforts of US President Donald Trump to keep old coal power plants up and running.
cleantechnica.com
February 22, 2026 at 3:13 PM
Coal under the bus, part infinity (again)...
cleantechnica.com/2026/02/21/t...
#trump #trumpcoal #coal #fossilfuels #coalpower #coaljobs #coalminers #mining #miningjobs #coalemployment #metcoal #stateoftheunion #sotu #powergeneration #powerplants #us #usenergypolicy #beautifulcoal #cleancoal
cleantechnica.com/2026/02/21/t...
#trump #trumpcoal #coal #fossilfuels #coalpower #coaljobs #coalminers #mining #miningjobs #coalemployment #metcoal #stateoftheunion #sotu #powergeneration #powerplants #us #usenergypolicy #beautifulcoal #cleancoal
Yesterday, Urgewald released the MetCoal Exit List (MCEL) 2.0, a follow-up to last year’s edition.
The update identifies 145 companies with 273 expansion projects planned in 20 different countries, which could potentially add up to 580 million tonnes of new #MetCoal.
Read more 👇
#GreenSteel
The update identifies 145 companies with 273 expansion projects planned in 20 different countries, which could potentially add up to 580 million tonnes of new #MetCoal.
Read more 👇
#GreenSteel
MCEL 2025 | Global Coal Exit List
www.coalexit.org
January 28, 2026 at 3:47 PM
Yesterday, Urgewald released the MetCoal Exit List (MCEL) 2.0, a follow-up to last year’s edition.
The update identifies 145 companies with 273 expansion projects planned in 20 different countries, which could potentially add up to 580 million tonnes of new #MetCoal.
Read more 👇
#GreenSteel
The update identifies 145 companies with 273 expansion projects planned in 20 different countries, which could potentially add up to 580 million tonnes of new #MetCoal.
Read more 👇
#GreenSteel
📖 Read the full review to see how these indicators fit into the wider global picture and what they reveal about steel decarbonisation in 2025: https://bit.ly/497PSyZ
#SteelDecarbonisation #ClimateAction #GreenSteel #Coal #MetCoal #2025review #YearInReview
3/3
#SteelDecarbonisation #ClimateAction #GreenSteel #Coal #MetCoal #2025review #YearInReview
3/3
Steel decarbonisation in 2025: stagnant but far from static - SteelWatch
The transition of the global steel industry to near-zero emissions production made little progress in 2025. This year was defined not by decisive movement toward steel decarbonisation, but by the dominance of tariffs, cost pressures, uncertainty over policy incentives, and politicisation of steel within national security debates.
bit.ly
January 2, 2026 at 11:00 AM
📖 Read the full review to see how these indicators fit into the wider global picture and what they reveal about steel decarbonisation in 2025: https://bit.ly/497PSyZ
#SteelDecarbonisation #ClimateAction #GreenSteel #Coal #MetCoal #2025review #YearInReview
3/3
#SteelDecarbonisation #ClimateAction #GreenSteel #Coal #MetCoal #2025review #YearInReview
3/3
📢Methane is the steel sector’s silent climate risk & it’s no longer invisible. @unep.org's IMEO recently released the “An Eye on Methane: From measurement to momentum” report, highlighting a blind spot in global #SteelDecarbonisation: methane from metallurgical coal (#MetCoal). Read more👇
unep.mediavalet.com
November 3, 2025 at 3:38 PM
📢Methane is the steel sector’s silent climate risk & it’s no longer invisible. @unep.org's IMEO recently released the “An Eye on Methane: From measurement to momentum” report, highlighting a blind spot in global #SteelDecarbonisation: methane from metallurgical coal (#MetCoal). Read more👇
Too often, mine expansions are justified under the guise of #MetCoal being a "critical mineral”, with thermal coal mines even gaining permits based on the potential presence of met coal. But make no mistake: coal is coal & burning it in steel plants contributes significantly to global emissions.
2/4
2/4
August 19, 2025 at 11:01 AM
Too often, mine expansions are justified under the guise of #MetCoal being a "critical mineral”, with thermal coal mines even gaining permits based on the potential presence of met coal. But make no mistake: coal is coal & burning it in steel plants contributes significantly to global emissions.
2/4
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Read the latest SteelWatch Explainer, “Met coal: what it is and why it is a climate risk,” to find out more 👇
#GreenSteel #ClimateAction #Coal #MetCoal #SteelDecarbonisation
#GreenSteel #ClimateAction #Coal #MetCoal #SteelDecarbonisation
SteelWatch Explainer: Met coal: what it is and why it is a climate risk - SteelWatch
What needs demystifying? Metallurgical coal – often shortened to ‘met coal’ – is coal that is used in making iron and steel. Making iron in blast furnaces, using met coal, accounts for the majority of...
steelwatch.org
July 29, 2025 at 3:20 PM
Read the latest SteelWatch Explainer, “Met coal: what it is and why it is a climate risk,” to find out more 👇
#GreenSteel #ClimateAction #Coal #MetCoal #SteelDecarbonisation
#GreenSteel #ClimateAction #Coal #MetCoal #SteelDecarbonisation
SteelWatch’s latest explainer breaks down why “steelmaking coal” is a PR narrative, not a climate solution. Coal—regardless of its name—needs to stay in the ground. It has no place in climate-aligned steelmaking or energy production.
📖 Read the explainer👇
#ClimateAction #Coal #GreenSteel #MetCoal
📖 Read the explainer👇
#ClimateAction #Coal #GreenSteel #MetCoal
SteelWatch Explainer: Met coal: what it is and why it is a climate risk - SteelWatch
What needs demystifying? Metallurgical coal – often shortened to ‘met coal’ – is coal that is used in making iron and steel. Making iron in blast furnaces, using met coal, accounts for the majority of...
steelwatch.org
June 27, 2025 at 10:52 AM
SteelWatch’s latest explainer breaks down why “steelmaking coal” is a PR narrative, not a climate solution. Coal—regardless of its name—needs to stay in the ground. It has no place in climate-aligned steelmaking or energy production.
📖 Read the explainer👇
#ClimateAction #Coal #GreenSteel #MetCoal
📖 Read the explainer👇
#ClimateAction #Coal #GreenSteel #MetCoal
Vill du investera i energi som behövs för utvinna stål? Då kan jag rekommendera warrior #HCC som sitter på en grym fyndighet i bluecreek som kommer generera otroliga FCF om 2 år. Aktien backat nu pga svagt spotpris på metcoal.
February 26, 2025 at 9:21 PM
Vill du investera i energi som behövs för utvinna stål? Då kan jag rekommendera warrior #HCC som sitter på en grym fyndighet i bluecreek som kommer generera otroliga FCF om 2 år. Aktien backat nu pga svagt spotpris på metcoal.