After almost 52 years of operation, the Liddell Power Station, located in the Australian state of New South Wales(NSW), was powered down on Friday.

The complex is expected to advance the regional steel industry ecosystem with an estimated annual production capacity of up to 1.5 million tons.

The country's hard coal consumption jumped by 19 percent and 10 percent, respectively, in 2021 and 2022.

IMPALA Platinum (Implats) said refined platinum group metal (PGM) production would come in at the lower end of its three to 3.15 million ounce forecast for the 2023 financial year ended June 30 largely owing to power interruptions.

Indian bread and biscuits maker Britannia Industries Ltd on Friday reported a bigger-than-expected 47% jump in quarterly profit as strong demand and past price hikes helped expand margins.

China's raw coal output posted stable expansion in March, official data showed.

"We expect more cooperation with China in the years to come to facilitate its accelerated energy transition, continued economic development and improvement in living standards."

From the perspective of policy measures, the immediate task is to boost confidence of market entities rather than implement a strong stimulus.