A 110 mw unit of Nalco’s captive power plant here was shut down yesterday due to a shortage of coal. The dip in power generation affected aluminium production, prompting company officials to discuss the coal supply issue with MCL authorities. For full story, click here
Continue reading "Coal Crisis have fueled trouble for NALCO"
Monday, June 8, 2009
Historically, the commodity cycle follows the economic cycle and this time is no different. The liquidity crisis and its cascading effect on real economies across the globe have pulled down prices of commodities, including iron ore and coking coal. For full story, click here
Continue reading "Low Spot Iron Ore and Coking Coal Prices must benefit NDMC"
Tuesday, June 2, 2009
The Bihar government had to close down its lone thermal power plant at Barauni in Begusarai district due to acute shortage of coal. For the last one week, the plant is non-operational causing severe power crisis in the state. For full story, click here
Continue reading "Shortage of Coal has lead to power crisis"
Thursday, April 23, 2009
Ideas for a new generation of coal-fired power plants to stave off a potential energy crisis are to be declared by the government of UK. For full story, click here
Continue reading "Clean Coal plants get go ahead in UK"
Tuesday, March 31, 2009
After a dark winter for Canadian coal producers, spring supply contract negotiations halfway around the world are providing a glimmer of light at the end of the mine shaft. As news of the pricing agreement filtered through the market last week, Canadian coal stocks have reaped the benefits.
Continue reading "Coal Sees Glimmer Of Light"
Friday, March 13, 2009
Colombia expects to double its annual coal output by 2019 to 145 million tonnes, but needs to overcome the challenges of the economic crisis and delays in improving its infrastructure. For full story, click here
Continue reading "Colombia sees coal output to double by 2019"
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Wednesday, July 8, 2009