Articles Tagged "China"

5 Top Coal Stories for Q1 2015

The first quarter of 2015 didn't bring much relief for the coal price and coal companies. And unfortunately now that we're well into the second quarter of the year, the situation is not looking much better. That said, there's definitely still interest in the coal market — here's a look at Coal Investing News' top articles from Q1.

Infographic: Peak Coal in China

Wood Mackenzie recently published an infographic that looks at the geography of peak coal in China. As the firm suggests, it's perhaps more a question of "where" than "when" when it comes to peak coal in the country.

Australian Coal Prices Drop to Pre-2008 Levels

Reuters reported that Australian coal prices have fallen to levels before the 2008/2009 financial crisis, as coal demand in China suffers from slower economic growth and new environmental rules.

Coal-fired Plants to Close in Beijing to Reduce Emissions

Bloomberg reported that Beijing is planning to close the last of its major coal-fired power plants next year. The move comes as China continues to face pressure from abroad to reduce its carbon emissions.

Jonny Sultoon Wood Mackenzie Interview coal price coal market PDAC 2015

Jonny Sultoon Talks Coal Price and Coal Market Outlook at PDAC 2015

At PDAC, Resource Investing News spoke with Jonny Sultoon of Wood Mackenzie about some of the key factors driving the coal market. Overall, he sees "possible price floors being reached" in 2015, with met coal sitting around $114 to $116 per tonne and spot Newcastle thermal coal prices coming in at $62 to $64 per tonne.