China’s coal demand is expected to gradually pick up in the second half of the year, and coal output will likely grow fast as small mines speedily return to production. For full story, click here
To give a boost to thermal power generation, the government has set an annual coal output target of 1,055 million tonnes in the XIIth Five-Year Plan. For full story, click here
PT Bumi Resources Tbk, Indonesia’s leading thermal coal producer, increased its 2009 output target and forecast a 13 percent increase in output from a year ago. Herlan Siagian, general manager of marketing at Bumi Resources, stated: About 20 million tonnes will come from the Arutmin mine, while KPC (Kaltim Prima Coal) will produce 40 million [...]
Coal India Limited aims to surge output in the year to end in March 2010, but would also need higher imports to feed to the growing energy needs of domestic industries. For full story, click here
Patriot Coal Corp. reported that it’s cutting another 2 million tons of southern West Virginia production due to weak market conditions. For full story, click here
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
Many existing producers also have shut down or curtailed output at mines and plants as high costs and low prices bite. For full story, click here
Tuesday, July 21, 2009