India Seeks Mongolian Coal Acquisition
Mineweb reported that India is looking to secure coal supply through acquiring a coal asset in Mongolia.
Mineweb reported that India is looking to secure coal supply through acquiring a coal asset in Mongolia.
Reuters reported that Coal India (BSE:533278) said it will sign fuel pacts to meet power demand.
Bloomberg reported that Coal India (BSE:533278) has been ordered to ensure coal supply to power utilities.
Bloomberg reported that Coal India (BSE:533278) will not meet the deadline set for it to sign fuel supply agreements.
Bloomberg reported that Taipower may invest in Australian coal to secure fuel supply.
Platts reported that Deutsche Bank said its forecast thermal coal price outlook anticipates oversupply in global markets.
Bloomberg reported that thermal coal from China's Qinhuangdao port should drop due to oversupply.
Reuters reported that Coal India (BSE:533278) said it would not commit to long-term supply deals before getting clarification on how the costs would be covered.
Reuters reported that India's government is pushing for long-term coal supply agreements to end power shortages.
Saturn Minerals Inc. (TSXV:SMI,FWB:SMK) announced the signing of an MOU for a coal supply agreement with a private partner.
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