China Power in $784 million JV with China Coal
Reuters reported that China Power International Development Limited (HSE:2380) and China Coal Energy Co Ltd (HSE:1898) will jointly operate a northern Chinese coal-fired plant.
Articles Tagged "china coal"
China’s Electricity Sector: The Future Role of Coal
Following China's announcement plans for a pilot carbon trading project and the eventual roll-out into a national carbon market this past week, it raised, again, the question of where coal will fit within China’s electricity supply.
Strengthening China Coal Demand Lifts Largest Shipping Costs
Bloomberg reported that charter rates for boats that ship coal are up on increased coal demand from China.
China Coal’s First-Quarter Profit Rises 16% as Prices Gain
Bloomberg reported that that profits for China Coal (HKG:1898) were up in the first quarter on strong prices and rising demand for coal.
China Coal Seeks 150 Billion Yuan for Projects Through 2015
Bloomberg reported that China Coal Energy Company (PINK:CCOZY) will seek significant funding for upcoming projects through 2015.
Hong Kong’s Stock Index Drops to Two-Week Low; China Coal Slumps
Bloomberg.com reports that China Coal dragged the Hong Kong Stock Index down to a two-week low.
Continued Tightness In Coal Market
There is surging demand in China, steel mills have restarted and Australian firms are struggling to fill orders for a metallurgical coal price rise to $160 a metric tonne from less than $100 a few months ago. People are also looking for freight from the US to China. Morgan Stanley analysts mention that there is spot price "momentum" toward $175 a tonne.
China increases coal imports
China has discovered a new coal field containing more than 13 billion tonnes of proven coal reserves in the northwestern region of Xinjiang, the China News Service reported on Monday. The 1,400 square-kilometre Sha'erhu coal field, located in the county of Shanshan in eastern Xinjiang
