China Coal Energy Increases Year Over Year Output
Platts reported that China Coal Energy (HSE:1898) improved its coal production by 2.4% year on year.
Coal Market News Directory
Concerns About Liquidity Hurt Patriot Coal Stock Price
Reuters reported that Patriot Coal's (NYSE:PCX) share price fell on uncertainty about the company's financial liquidity.
India Seeks Mongolian Coal Acquisition
Mineweb reported that India is looking to secure coal supply through acquiring a coal asset in Mongolia.
Indonesia Thermal Swap Contracts Drop
Bloomberg reported that sub-bituminous coal swap contracts from Indonesia fell along with prices for China deliveries.
Atlantic Coal Reports Pretax Loss
MarketWatch reported that Atlantic Coal (LSE:ATC) released its quarterly financial results, which indicated a pretax loss for the company.
Prices Ease for Asia Spot Coking Coal
Platts reported that a lack of interest caused an easing of spot coking coal prices.
Transnet Sees 73 Million Tons Coal Going Through Richards Bay
Reuters reported that Transnet expects it will move at least 73 million tons of coal this financial year.
Illinois Basin Coal Production On the Rise
Reuters reported that Peabody's (NYSE:BTU) Illinois coal mine may symbolize a revival in the US coal industry.
Hwange Begins Coal Shipment Through Mozambique
Bloomberg reported that Hwange Colliery Ltd. (LSE:HWA) is shipping 60,000 tons of coal to India via Mozambique.
Arch Coal Gets Big Loan To Bridge Tough Times
Bloomberg reported that Arch Coal (NYSE:ACI) has been approved for a $1 billion loan.
