Archive for December, 2008

Australia Newcastle coal exports jump 22 percent

Coal exports from Australia’s Newcastle port jumped 22 percent from the previous week to a six-week high, while the number of ships arriving at the port also held near its highest level since early November. For full story, click here      

Steel producers renegotiate prices with coal suppliers

Steel manufacturers, both in private and public sectors, have started renegotiating coking coal prices with overseas suppliers, mainly those in Australia, in view of present economic slowdown hitting the steel industry. For full story, click here

Alliance to Present at the 1st Annual Raymond James Coal Investors Conference

Alliance Resource Partners, L.P. and Alliance Holdings GP, L.P. announced that Joseph W. Craft, III, President and Chief Executive Officer, will make a presentation at the 1st Annual Raymond James Coal Investors Conference in New York City at approximately 8:30 a.m. Eastern time on Thursday, December 4, 2008. For full story, click here