A central Queensland coal mine which closed last year will reopen. Xstrata has closed off the Oaky number one mine north-east of Emerald late last year, blaming a slump in demand for coking coal in China. For full story, click here
Continue reading "Xstrata will restart Okay Coking Coal Mine"
Friday, June 19, 2009
Limited rail capacity and poor port infrastructure are frustrating the ambitions of Russia’s leading coal producers to raise exports quickly to make up for weak domestic demand during the country’s slump. For full story, click here
Continue reading "Transport Problems have held back Russian Coal Exports"
Monday, November 24, 2008
It is reported that, owing to the world economic recession, coal demand continues to slide and coal price slumps, too. The stock price of coal enterprises has pointed to the downside. For full story, click here
Continue reading "Coal price slumps in China"
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Thursday, July 23, 2009