Bloomberg reported that Anglo American (LSE:AAL) approved the development of the Australia-based Grosvenor Coal Project.
Continue reading "Anglo American Seeks Increased Output with Grosvenor Coal Project"
Tuesday, December 6, 2011
While 2011 was not as radiant as its long term coal projections, both thermal and coking coal markets saw consistent production and consumption growth.
Continue reading "2011 Coal Market Trends"
Tuesday, November 29, 2011
Bloomberg reported that a new coal export terminal has been proposed for Newcastle, Australia.
Friday, November 25, 2011
Platts reported that thermal coal prices at Newcastle continue to decline on weak Chinese demand.
Continue reading "Newcastle Coal Prices Ease on Extended Chinese Buying Drought"
Friday, November 25, 2011
Platts reported that Whitehaven Coal (ASX:WHC) will have additional capacity at Australia's Newcastle terminal in 2015.
Continue reading "Coal Producer Whitehaven Secures Extra Port Capacity at Newcastle"
Thursday, November 24, 2011
Bloomberg reported that North America's coal exports to South Korea are now higher than Australia's.
Continue reading "North American Coal Exports to South Korea on the Rise, SSY Says"
Thursday, November 24, 2011
Reuters reported that prices for Australian thermal coal fell on lower demand.
Continue reading "Asia Coal-Prices Fall Further as Poor Demand Bites"
Wednesday, November 23, 2011
Platts reported that slow demand from China pushed spot coal prices at the Newcastle terminal down.
Continue reading "Newcastle Spot Trade Low on Lack of China Demand"
Monday, November 21, 2011
Falling Chinese thermal coal demand in the short-term is falling due to adequate stockpiles. However, the long-term trend is likely to be a growing reliance on foreign sources for Chinese consumers.
Continue reading "Thermal Coal Prices Fall as Chinese Demand Softens"
Friday, November 18, 2011
Bloomberg reported that prices for power-station coal at the Newcastle terminal fell by 1.5%.
Continue reading "Australia Newcastle Thermal Coal Falls 1.5% to $113.69 a Ton"
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Tuesday, December 6, 2011