The production of coal Xinjiang autonomous region is expected to reach 80 million tonnes in 2009 and 150 million tonnes in 2010. For more information, click here
Read the full article: "Xinjiang coal production to touch 150..."
Friday, February 27, 2009
NMDC Ltd, the largest supplier of iron ore in India, is said to have signed an agreement with West Australian mineral resources developer Stirling Resources Ltd to jointly identify and acquire coking coal and iron ore assets in Australia and New Zealand. For full story, click here
Read the full article: "NMDC in tie-up with Aussie company for coal,..."
Thursday, February 26, 2009
GMR Energy has acquired Indonesian coal company PT Barasentosa Lestari for $80 million. For more information, click here
Read the full article: "GMR acquires Indonesian coal firm"
Thursday, February 26, 2009
State Administration of Work Safety has announced to shut down 1000 small coal mines this year to further eliminate obsolete capacity. For more information, click here
Read the full article: "China to shut down 1000 small coal mines in..."
Tuesday, February 24, 2009
Coal prices at Qinhuangdao Port, China’s largest coal trans-shipment port, continued to dip from February 16th to February 23rd due to growing stockpiles. For full story, click here
Read the full article: "Coal prices continue to decline at..."
Tuesday, February 24, 2009
Indian steel makers are reluctant to finalize annual contracts for coking coal for 2009-10 as they are trying for a price below USD 100 per tonne against a high of USD 300 a tonne in 2008. For full story, click here
Read the full article: "Steel makers in India seek below USD 100 for..."
Monday, February 23, 2009
Thermal coal spot prices at DES ARA Index of globalCOAL slumped in the week ended on February 20th 2009. The spot prices in the week ended February 20, 2009 moved up by 3.39%. For more information, click here
Read the full article: "Global thermal coal spot prices"
Monday, February 23, 2009
State-run miner Coal India’s arm, Eastern Coalfields, will outsource lifting and transportation of coal from its Rajmahal open cast mine. For full story, click here
Read the full article: "ECL to outsource transportation of coal"
Sunday, February 22, 2009
Philippine coal producer Semirara Mining Corporation plans to export 2.5 million tones of coal this year. For more information, click here For company’s website, click here
Read the full article: "Semirara to export 2.5 million tones of coal..."
Sunday, February 22, 2009
Australia’s competition regulator has decided against extending a shipping queue management system at one of Australia’s busiest coal export ports due to fewer ships visiting the port as well as competition issues. The Australian Competition & Consumer Commission (ACCC) said: It would not allow coal exporters an extension to operate the system at the Dalrymple Bay terminal [...]
Read the full article: "Australia regulator not to extend coal queue..."
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Friday, February 27, 2009