US Coal Exports Reach 20-Year High
The Street reported that last year US coal exports were the highest they have been in twenty years due to demand from Europe and Asia.
Articles Tagged "Asia"
Coal Exports to Asia Continue to Increase
MarketWatch reported that Asian demand is fuelling a US coal export boom.
Peabody and Winsway Forming JV to Market Coal in Asia
Platts reported that Peabody Energy Corp. (NYSE:BTU) will market coal to Asia in a joint venture agreement with Winsway (HKG:1733).
Coal Stocks Get Burned
CNN Money reported that weaker Asian coal demand caused a drop in stock prices for some coal miners.
SouthGobi Resources’ Soumber Coal Deposit Officially Registered with Mongolian Government
SouthGobi Resources Ltd ( CVE:SGQ) announced that the Mineral Resource Authority of Mongolia (MRAM) has officially registered the company's Soumber coal deposit.
U.S Coal Miner Massey Energy has seen chance to boost Exports
U.S. coal miner Massey Energy Co has seen opportunities to export more coal to Europe and Asia as global steel production and power generation are starting to pick up. For full story, click here
Asia will commence 1st deliverable Coal Futures
Asia’s first deliverable thermal coal futures contract will debut on Tuesday, aiming to converge physical coal prices and derivatives. For full story, click here
Rip Might Show In Coal Supply/Demand
Though the world economy continues to remain frail, more and more production is coming on line and mines are being developed. And as factories begin to open rather than close, and for all the new nuclear power plants being foreshadowed, there will be an enormous demand for thermal coal. A false dawn?
Peabody Energy has set eyes on coal investments in Asia
U.S. coal miner Peabody Energy is actively pursuing investments in the Asia Pacific region, particularly in Indonesia, to boost its output and trading capacity of thermal coal in the region. For full story, click here
Asia Coal prices have eased to near $63 on demand concerns
Australian thermal coal prices, a benchmark for Asia has edged lower to around $63 a tonne on concerns over demand, after hitting a two-week high of $64 earlier in the week. For full story, click here
