Metals & Minerals
Trump's Coal Boost, LNG Canada: Your Daily Energy News
Scan through a selection of energy-related news highlights that we think will interest our clients.
Released Wednesday, April 09, 2025
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
COAL
Trump Signs Executive Orders to Boost U.S. Coal Sector - U.S. President Donald Trump signed executive orders on Tuesday that aim to boost coal production in his latest action that runs counter to global efforts to curb carbon emissions. Coal-burning plants generate less than 20% of U.S. electricity, a drop from 50% in 2000, according to the U.S. Energy Information Administration (EIA). "We're bringing back an industry that was abandoned," Trump said at the White House, standing in front of about three dozen mostly male coal miners wearing hard hats. The orders include efforts to save coal plants that were likely to be retired, including unlocking authorities in the 1950 Defense Production Act to boost coal production. They also direct Energy Secretary Chris Wright to determine whether coal used in steel production is a "critical mineral." Allowing that classification, typically reserved for minerals needed for high-tech defense systems, for metallurgical coal could set the table for use of emergency powers to raise production. In addition, the orders direct Interior Secretary Doug Burgum to acknowledge the end of a moratorium that paused new coal leasing on federal lands and to prioritize it. Still, it is uncertain what demand there is for any greater U.S. coal output, with hundreds of domestic coal-burning plants having closed this decade on cheaper fuels and concerns about future regulations even if Trump's administration dismantles current ones. (Reuters)
LNG
LNG Canada Starts Plant Cooldown in Final Step Before Production - LNG Canada (Kitimat, British Columbia) has started to cool down its liquefied natural gas (LNG) plant in Kitimat, considered a final step before it begins to produce the superchilled gas, two people told Reuters. LNG Canada is the country's first LNG export facility and when completed is expected to produce 14 million metric tons per annum (MTPA) of LNG for export. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the project report. (Reuters)
Mozambique Approves Eni's Coral Norte FLNG Plan - Mozambique on Tuesday approved the development plan for Eni's (NYSE:E) (Rome, Italy) second floating liquefied natural gas (FLNG) platform, Coral Norte, paving the way for a final investment decision. According to a government statement, the plan will see the production of 3.55 MTPA of LNG over 30 years from offshore Mozambique's Rovuma Basin. The project is expected to start production in the second half of 2028, the statement said. Subscribers can learn more by viewing the related project reports. (Reuters)
About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the commodity-trading community. We are the number one source for information about power plant outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
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