Coal Imports to China Jump in April
Bloomberg reported that China's coal imports in April 2012 were almost double over the same month last year.
Bloomberg reported that China's coal imports in April 2012 were almost double over the same month last year.
Bloomberg reported that coking coal prices are expected to rise as countries like China continue to produce more steel.
CNBC News reported that Peabody Energy's (NYSE:BTU) earnings fell in first quarter due to lower demand for coal.
Reuters reported that Coal India's (BSE:533278) new power pacts won't be enough to meet India's demand for power.
The Street reported that shares of coal companies fell on speculation that demand would sink.
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.
Reuters reported that the future of Zimbabwe's coal industry is dependent on the construction of new power plants that will rely on the fuel.
Reuters reported that coal demand boosted profits for Shenhua Energy Co. (HSE:1088) by 18 percent.
Platts reported that Coal India (BSE:533278) is working on a new coal import strategy so it can meet increasing domestic demand.
Platts reported that by 2015, China's coal demand is predicted to reach 4.2 billion metric tons a year.
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