More Chinese thermal coal buyers may renege on contracts for imported thermal coal shipments as international prices continue to slide, sources said Tuesday. "All the [thermal coal] prices have come down and so some reports of Chinese ...
Tags: Thermal Coal, Mineral
The US will end 2013 with projected coal exports of 118 million st, down 6.3% from record exports of 126 million st in 2012, according to the Energy Information Administration's final Short Term Energy Outlook of the year. The report, ...
Tags: Coal Exports, Metallurgy
Eastern US coal and gas producer Consol Energy said Tuesday that its third-quarter coal production exceeded guidance provided in the second quarter, while margins decreased primarily as a result of lower sales prices per ton. Consol said ...
Tags: coal, gas, Metallurgy, Mineral, Energy
China's main cement enterprises, such as Anhui Conch Cement are expected to resume profut growth this year due to infrastructure and property investments in eastern and southern parts of China. Large-scale cement enterprises are ...
Tags: Cement Enterprises
Governments have been tried to lower carbon emissions, but China and India overuse coal. As a result, coal consumption will surpass petroleum in 2020 and coal will become the key fuel, said Wood Mackenzie. In the World Energy Congress, ...
Tags: coal consumption, petroleum
China's appetite for coal, once seemingly unlimited, is starting to wane, and the effects are rippling far from the Middle Kingdom. With the world's second-largest economy, China in recent years has been driving demand for all sorts of ...
Tags: Coal, Metallurgy, Mineral, Energy
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
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
A spike in Japan's thermal coal imports in April was more a short-term push to accommodate new coal-fired power generation capacity coming online rather than any sign of a sustained long-term trend, according to a report by Macquarie ...
Tags: New Capacity, Thermal Coal Import
Chinese coal miners plan to lobby concerned authorities to release tariff policies to restrict coal import of the nation. People in the know said in an interview on April 17 that coal miners in the market planned to lobby concerned ...
Tags: Coal, Metallurgy, Mineral, Energy
China's imports of thermal coal could contract in 2013 as demand growth in the seaborne market is expected to moderate to 2% over the next four years, Goldman Sachs warned in a research note on Friday. "We believe 2013 will represent a ...
Tags: Thermal Coal, Chemicals
New World Resources expects a decline in its average agreed thermal coal price in 2013, and pricing pressure to persist in the coking coal market in the near term, the Amsterdam-based coal producer said Monday in an updated company outlook. ...
Reuters reported that China will review on grid power tariffs annually and adjust them if thermal coal prices fluctuate by more than 5% a year. Government marking a small step towards broader market-oriented energy pricing reforms. ...
Tags: thermal coal prices, thermal coal, energy, soaring coal prices
US over-the-counter thermal coal prices were assessed unchanged on Monday, as the market turned silent on the eve of the Christmas holiday. No trades were seen or heard in the US market. CME ClearPort closed early at 2:45 pm EST and ...
Tags: coal price, US, coal market, coal industry
Indonesian coal miner Atlas Resources has set aside USD 50 million for capital expenditure next year, after cutting this year’s capex in half amid falling coal prices. Mr Andre Abdi president and director of Atlas Resources said ...
Tags: coal miner, Atlas Resources, coal prices, lower calorie coal