Lower Demand Prompts Patriot coal to Idle Another Mine
Reuters reported that Patriot Coal (NYSE:PCX) will idle another mine as consumers switch to natural gas energy.
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Tag Archive | "thermal coal"
Emerging Economies Drive Coal Markets
Monday, January 23, 2012
Vilified as a dirty energy source in advanced industrialized economies, coal is booming around the world. Emerging economies are the critical driving force behind the continued growth, but barriers do exist.
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Newcastle Coal Prices Fall as Lunar New Year Approaches
Friday, January 20, 2012
Platts reported that Newcastle thermal coal prices fell as Chinese demand dropped off.
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ARA Coal Prices Lowest in 15 Months
Monday, January 16, 2012
Platts reported that spot thermal coal prices at Amsterdam-Rotterdam-Antwerp are dropping towards $100/mt.
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India Imported 7.6% More Coal in 2011
Thursday, January 12, 2012
Bloomberg reported that total coal imports to India were up approximately 7.6% in 2011 over the previous year.
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2012 Coal Market Outlook
Monday, January 9, 2012
In 2012, China is apt to be the driving force of the coal markets, followed by its fellow emerging markets.
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Newcastle Coal Prices Down
Friday, January 6, 2012
Bloomberg reported that Newcastle thermal coal prices fell 1%.
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Indonesia Exports 6.1% More Coal in November 2011
Wednesday, January 4, 2012
Bloomberg reported that Indonesia's coal exports were up 6.1% in November over October exports.
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Australia Thermal Coal Rises in Thin Year-End Trading
Friday, December 30, 2011
Reuters Africa reported that Australian thermal coal prices were up on light trading.
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Japanese Coal Buyers Ink 2012 Deals with Australian Producers
Wednesday, December 28, 2011
Platts reported that most 2012 coal supply contracts between Australian producers and Japanese thermal coal consumers are settled.
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- Novadx Ventures Corp. – Emerging Coal Producer
- Prophecy Coal — Fulfilling Asia’s Energy Needs
- SouthGobi – Powering China’s Growth
- Thelon Capital Ltd. – Approximately 14 million tons of Inferred Coal Reserves
- Westcore Energy Ltd.- North American Energy Solutions
Asides
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Thursday, February 2, 2012