Iron ore supply may exceed demand growth rates in China later in 2014 as the nation has recorded slow steel production rates since the start of the year and is currently operating at an annualized rate of 730 million mt, BHP Billiton CEO ...
Anglo American's thermal coal division produced 67.6 million mt in the 2013 financial year, slipping 2% on the year due to lower-than-expected production at Colombia's Cerrejon and South Africa's New Vaal mines. The miner said in its ...
Tags: Thermal Coal, Mineral
Iron ore prices could continue to trade above $130/dry mt CFR North China in the first quarter of 2014, after higher-than-expected steel production in China supported them last year, Macquarie analysts said Thursday. "We believe Q1 2014 ...
Tags: Iron Ore
Although the US coal industry's 2014 earnings are expected to decline modestly as more lucrative contracts roll off and metallurgical coal prices remain low, the outlook for producers remains stable, Moody's Investors Service said in a ...
Tags: Coal Industry, metallurgical coal
Westshore Terminals reported an average coal loading rate of C$9.52 in the third quarter, up 2% from both the previous quarter and the year-ago quarter, according to its quarterly report filed late Wednesday with the Canadian government. ...
Tags: Westshore Terminals, Mineral
Global steelmakers, metallurgical coal miners and merchant coke producers are feeling the heat thanks to sluggish steel and coal prices coupled with the prospect of higher energy costs in the US due to regulation, participants said Tuesday ...
Tags: steel, Coal, Metallurgy, Mineral
Eastern US miner James River Coal has cut about half of its annual Central Appalachian coal production "in response to continued weak coal markets," the company said Monday night after the close of markets. The cutbacks amount to about ...
Tags: Coal, Metallurgy, Mineral, Energy
The price of Atlantic met coal remained steady Monday, following recent modest fluctuations, with mills and traders moving into the negotiation period for both contract and spot deals. One European-based trader said he would be buying in ...
Tags: Spot prices, Mineral
Despite depressed prices for seaborne metallurgical and thermal coal, Peabody Energy expects global coal demand to grow nearly 4% in 2013, and 13% in China and India combined, according to an investor presentation made Wednesday at the ...
Tags: Chemicals, Metallurgy, Mineral, Energy, coal
Birmingham, Alabama-based coal producer Walter Energy, Inc. said Thursday that performance in Q1 2013 improved over Q4 2012, driven largely by increased metallurgical coal sales volume and pricing, increased production and lower costs. ...
Tags: Walter Energy, Coal Production
Walter J. Scheller III, Chief Executive Officer of coal producer Walter Energy, Inc., provided an update on the company's decision to curtail production at its Willow Creek mine. The Willow Creek surface mine is located near the town of ...
The Australian Bureau of Resources and Energy Economics (BREE) has revised its estimate for Australia's metallurgical coal exports for 2013 to 158 million mt, around the level of exports prior to the 2011 Queensland floods, up nine percent ...
Tags: Bree Lowers, Metallurgy, Coal Export
US-based metallurgical coal producer Walter Energy has announced its financial results for the fourth quarter and the full year 2012, reporting solid operational progress during 2012 in the face of challenging market conditions. In the ...
Tags: Energy, coal producer, met coal
Colombian Minas Paz del Río (PDR), a subsidiary of Brazilian steelmaker Votorantim Siderurgia, plans to make investments to increase met coal output. The company extended two contracts with Colombia's mining and energy ministry and ...
Tags: PDR, steelmaker, Votorantim Siderurgia, coal
CoalGuru, a portal in the arena of all types of coals is as an attempt to create a distinctive place to help individuals and companies in the business of coal and allied services to do better by utilizing information. We, at CoalGuru, ...
Tags: Coal Guru, coal sector, coal, coal business