Barge-delivered Central Appalachian coal for Cal 2014 fell 60 cents/st Tuesday as the contract was seen trading down through the session. Platts assessed the Cal 2014 price at $55.75/st, the lowest level for a front-year contract since ...
Thermal and semi-soft coal shipments to China from the Port Waratah Coal Services terminals in eastern Australia slackened in August, slipping 13% month on month to 2.24 million mt from 2.6 million mt in July, said the port operator in a ...
Tags: semi-soft coal, Chemicals
Coal of Africa Limited's run-of-mine production fell 23% to 3.78 million mt of (ROM) mt in its 2012/13 year, with activity hit by a blocked rail line, flooding at a colliery, and strike action. CoAL also said Friday it processed 3.37 ...
Tags: Coal, Metallurgy, Mineral, Energy
The UK's monthly thermal coal consumption fell to a 21-month low in June, with the country's power plants burning just 2.99 million mt, down 22% on the month and 11% on the year, according to data released Thursday by the Department of ...
Tags: Chemicals, Metallurgy, Mineral, Energy
Australian coking coal producer Beacon Hill Resources has announced its interim results for the first half ended on June 30 of the current year. Accordingly, Beacon Hill has posted a net loss of $7.6 million for the first half, compared ...
Tags: Metallurgy, Mineral, Energy
Central Appalachian thermal coal prices fell for a fourth consecutive session on Wednesday, pushing front-year calendar prices to multi-year lows. Both the CAPP barge physical and rail (CSX) swap contracts traded lower in a mid-afternoon ...
Tags: Chemicals
Australian port and rail company Asciano Wednesday posted a 41.2% year-on-year rise in net profit to A$342 million ($311 million) for the fiscal year to June 30, due in part to new rail contracts to haul coal in the state of Queensland and ...
Tags: Coal, Chemicals, Metallurgy, Mineral, Energy
China's domestic thermal prices are bottoming due to increased coal demand and transactions, while local producers like China Coal and Shenhua are not expected to cut production, an analysts' report from UOBKayHian said Tuesday. The ...
Tags: Thermal Coal Prices, coal demand
A credit crisis in Shenmu, a bustling northwest China county that built its riches on coal, has stoked concerns regarding how quickly the country can complete its economic transition. Hundreds of underground banks that mushroomed in ...
Tags: Economic Transition
Lisle, Illinois-based Suncoke Energy Partners, LP announced Tuesday that its wholly-owned subsidiary executed a definitive agreement to acquire 100 percent of the ownership interest in Kanawha River Terminals LLC (KRT) for $86 million. KRT ...
Tags: Suncoke Energy, Coal Terminal
As coal prices remain lackluster due to sluggish demand, Shanxi took measures to stabilize the local coal market and ease the mounting pressure that coal producers in the province have been feeling since January. The Shanxi provincial ...
Tags: Local Coal Market, sluggish demand
China's thermal coal imports in June fell 24% on the month to 9.75 million mt, the country's lowest monthly intake since February when imports were severely impacted by the Lunar New Year holiday, according to China customs data released ...
Tags: Thermal Coal, Chemicals
June exports from the three coal piers at Hampton Roads on the US East Coast declined for the month but are still tracking above last year's numbers on a year-to-date basis, according to figures released Wednesday by the Virginia Maritime ...
Tags: Coal Exports, Chemicals
China's twice-revised proposal to ban some imports of lower calorific value thermal coal, predominantly from Indonesia, and some US higher-sulfur thermal coal, was close to being suspended as a pretext to being quietly dropped, according to ...
Tags: Low CV Thermal Coal, Chemicals
Japan's Tokyo Electric Power Company is expected to settle its July 2013-June 2014 term contract to buy thermal coal from Australian miners at a floating price linked to the globalCOAL Newcastle index, a Japanese utility source said Monday. ...
Tags: Electric Power, Tepco