Data Powered by Stockdio. Data delayed by 5 minutes unless otherwise indicated.
QL

Coal

138.75 USD/Mt -2.9 (-2.05%) (Last updated - September 10, 2024 02:14 PM UTC )
Day High
Day Low
Previous Close
52 Week Range
-
Change YTD
-5.23%

About

Performance USD/oz Change
5 Day -2.29%
1 Month -4.97%
3 Months 7.77%
6 Months 5.84%
52 Week -12.74%

September 10, 2024 02:14 PM UTC

Data Powered by Stockdio. Data delayed by 5 minutes unless otherwise indicated.

Coal is a sedimentary rock that is utilised as a fuel to generate electricity. Chemically, coal comprises mostly carbon and hydrogen bonds and generates energy upon combustion. Coal is among the most prominent non-renewable fossil fuels and is the single largest source of energy used to generate electricity across the globe.

Fossil Fuels are produced from organic matters such as the remains of ancient organisms. Like other fossil fuels, coal takes millions of years to develop and is available in a limited quantity. Conditions during the Carboniferous period (about 360 million to 300 million years ago) would have produced coal. During the Carboniferous period, seas frequently covered the forested regions, trapping algae and plants. Over long periods of time, organic matter was buried and compressed under strata and vegetation.

With organic matter sifting under the earth’s surface, increased pressure and temperature decomposes plant matter at an extremely slow pace, retaining most of its carbon. The partially decayed matter is known as peat and is widely used for heating purposes in many countries.

Under extremely high temperature and pressure conditions, peat is transformed into coal through carbonisation. The vegetative matter is compressed and is reduced to just a third of its original volume. Coal is extracted from underground formations known as coal beds or coal seams, which can be as thick as 30m, stretching over more than 1,500m.

Large formations of coal are distributed across the globe. The countries with the largest coal reserves are the United States, Russia, China, Australia and India.

Code Company Price Chg %Chg High Low Volume Market Cap
AEE Aura Energy Ltd 0.130 0.015 13.044 0.130 0.120 1525339 118.295 M
AGE Alligator Energy Ltd 0.046 0.007 17.949 0.047 0.042 16499684 189.620 M
ATU Atrum Coal NL 0.005 0.000 0.000 0.005 0.005 -- 13.220 M
AUH Austchina Holdings Ltd 0.002 0.000 0.000 0.002 0.002 1000000 4.201 M
BCB Bowen Coking Coal Ltd 0.012 0.003 33.333 0.013 0.009 27973851 128.161 M
BHP BHP Group Limited 38.810 -0.530 -1.347 38.860 38.455 9949194 210,772.787 M
BKY Berkeley Energy Ltd 0.325 0.000 0.000 0.325 0.325 6906 156.029 M
BLZ Blaze International Ltd 0.003 -0.001 -14.286 0.003 0.003 28571 2.514 M
BMN Bannerman Resources Ltd 2.390 0.280 13.270 2.420 2.250 1109965 504.471 M
BRL Bathurst Resources Limited 0.700 0.000 0.000 0.700 0.675 68270 154.045 M
CKA Cokal Ltd 0.072 -0.003 -4.000 0.076 0.072 548035 92.790 M
CXU Cauldron Energy Ltd 0.020 -0.001 -4.762 0.022 0.020 6618133 35.569 M
DBI Dalrymple Bay Infrastructure Ltd 3.200 -0.020 -0.621 3.230 3.180 395305 1,502.159 M
DYL Deep Yellow Ltd 1.175 0.140 13.527 1.185 1.110 6396176 1,172.833 M
EDE Eden Energy Ltd 0.002 0.000 0.000 0.002 0.002 2827 7.427 M
EME Energy Metals Ltd 0.072 -0.001 -1.370 0.075 0.071 96725 15.726 M
EPM Eclipse Metals Ltd 0.006 -0.001 -14.286 0.006 0.006 4006543 15.756 M
ERA Energy Resources Of Australia Ltd 0.006 0.000 0.000 0.007 0.006 3052975 797.337 M
IEC Intra Energy Corporation 0.001 0.000 0.000 0.001 0.001 87518 3.382 M
KLR Kaili Resources Ltd 0.008 0.000 0.000 0.008 0.008 -- 1.179 M
LAM Laramide Resources Ltd 0.615 0.000 0.000 0.615 0.590 25335 184.156 M
MCM MC Mining Ltd 0.140 -0.005 -3.448 0.155 0.140 170343 57.962 M
MEU Marmota Energy Ltd 0.037 -0.001 -2.632 0.037 0.037 76939 46.723 M
MHC Manhattan Corp Ltd 0.001 0.000 0.000 0.001 0.001 900003 2.937 M
NAE New Age Exploration Ltd 0.005 0.001 25.000 0.005 0.004 912955 6.279 M
NHC New Hope Corporation Ltd 4.280 0.070 1.663 4.320 4.200 1840849 3,981.528 M
PDN Paladin Energy Ltd 9.790 0.820 9.142 9.980 9.660 4002748 3,521.977 M
REY Rey Resources Ltd 0.036 -0.003 -7.692 0.036 0.036 4176 11.848 M
RNU Renascor Resources Ltd 0.098 0.001 1.031 0.098 0.094 4207136 221.101 M
SMR Stanmore Resources Limited 2.670 0.050 1.908 2.680 2.620 1797592 3,344.127 M
SOL Washington H Soul Pattinson&Co Ltd 33.480 0.540 1.639 33.480 32.910 327183 12,630.253 M
TER Terracom Ltd 0.170 0.000 0.000 0.175 0.165 2027807 164.198 M
TIG Tigers Realm Coal Ltd 0.004 0.000 0.000 0.004 0.004 -- 39.200 M
TOE Toro Energy Ltd 0.275 0.025 10.000 0.280 0.260 777502 37.287 M
WEC White Energy Company Ltd 0.040 0.000 0.000 0.040 0.040 -- 8.556 M
WHC Whitehaven Coal Ltd 5.760 0.250 4.537 5.760 5.530 10137942 6,500.390 M
YAL Yancoal Australia Ltd 5.420 0.170 3.238 5.450 5.250 3622117 9,229.876 M
* Data powered by EODHD®. Data delayed 20 minutes unless otherwise indicated.

Frequently Asked Questions

Coal is classified on the basis of changes it has undergone over time. Hilt’s law, a prominent classification rule, mentions that the deeper the coal seam is, the greater its rank.

Peat: Peat is an agglomeration of partially decayed vegetative matter, which has undergone little carbonisation.

Lignite: Lignite is the lowest rank of coal and emits a low amount of energy upon combustion. Lignite has a carbon content between 25% and 35%. These are relatively younger coal deposits, which are over 250 million years old.

Sub-bituminous:  Sub-bituminous or black lignite is a coal type with a carbon content of 35% to 45%. This type of coal has a lower heating value than bituminous coal.

Bituminous: Bituminous coal is middle-rank coal with a carbon content between 76% and 86%. This type of coal is typically produced over a period of 300 million years and has an energy density of 27 MJ/kg. High-carbon content and low-moisture content of bituminous coal make it appropriate for usage in cement and steel production along with electricity generation and coke production.

Anthracite: Anthracite is dark black coal and is the highest quality of coal. This coal type holds a carbon content of 86% and 97% and has a very low-moisture content.

Coal is used for a variety of purposes, such as electricity generation, cement production, steel manufacturing, foams and carbon filters, tars, medicines, synthetic petroleum-based fuels and commercial and home heating.

Coal is used in thermal power plants to help in the process of electricity generation. Powdered coal is burnt at high temperatures and by using this heat, water is converted into steam. Steam is then used to turn turbines at high speeds in a strong magnetic field to generate electricity.

As per the International Energy Agency (IEA), coal is the largest source of electricity generation with 35.2% of the global electricity being generated by coal-fired power stations. Furthermore, coal-fired power stations are also the largest single source of carbon dioxide emissions.

More than 40 countries including Canada, Poland, Ukraine, South Korea and Vietnam have agreed to phase out coal-fired power. This decision came at the Glasgow COP26 climate summit. Over 18 countries have already entered into an agreement to stop or phase out investments in any new coal-fired power station in their respective countries and overseas.

In addition, many private organisations including major banks and private equity firms have also pledged to divest their investments in the coal industry. With coal-powered electricity generation contributing significantly to carbon emissions, governments from all across the globe are vowing to either phase out or reduce their nation’s dependence on coal.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.