Price Drops Deter Chinese Coal Buyers
Reuters reported that Chinese buyers are deferring or defaulting on coal purchases due to lower prices.
Articles Tagged "coal"
Queensland Coal Port Expansion Scaled Down
Reuters reported that expansion of the Abbot Point coal port would be significantly scaled back.
Peabody Leases Low Sulfur Coal Reserves
Peabody Energy Inc. (NYSE:BTU) announced it successfully bid to lease coal reserves near its Wyoming-based North Antelope Rochelle Mine.
BHP Coal Miners To Strike
Reuters reported that coal miners at one of BHP Billiton's (NYSE:BHP) coal mines are planning a strike.
US Coal Shipments Down
Reuters reported that shipments of coal on US railroads are down due to slower demand.
Colonial Coal Updates Corporate Activities
Colonial Coal International Corp. (TSXV:CAD) announced an update to its British Columbia-based coal projects.
Euro Coal Prices Remains Stable
Reuters reported that the price for European prompt physical coal stayed about the same even though oil prices fell.
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.
China Coal Energy Increases Year Over Year Output
Platts reported that China Coal Energy (HSE:1898) improved its coal production by 2.4% year on year.
Concerns About Liquidity Hurt Patriot Coal Stock Price
Reuters reported that Patriot Coal's (NYSE:PCX) share price fell on uncertainty about the company's financial liquidity.
