The Chinese government has pledged to close more unqualified and dangerous coal mines by 2015 as the country strives to improve its alarming safety record. At least 2,000 small coal mines will be closed by the end of 2015, the State ...
Tags: Coal Mines, Safety Overhaul
Indonesia's PT Bumi Resources said on Wednesday China's sovereign wealth fund, China Investment Corp (CIC), has agreed to convert part of an outstanding $1.3 billion loan into stakes in the miner's PT Bumi Resources Minerals unit, its coal ...
Tags: Mining Units, PT Bumi Resources
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
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
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
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
The national bureau of statistics announced, in the first half of 2013 the Russian steel production fell 2.8% year on year, to 34.7 million tons. Iron production fell by 0.8%, to 25.1 million tons. Finished product rolling production fell ...
Tags: steel, Construction, steel pipe, steel products
Australia's government is to speed up the country's transition to a carbon emissions trading system by dropping its fixed-price carbon tax in 2014, a year earlier than planned, Australian treasurer Chris Bowen said over the weekend. From ...
Several influential environmental groups are gearing up to sue the Obama administration for refusing to regulate US coal mines as major emitters of methane, a greenhouse gas that many scientists say is fueling climate change. Ashley ...
Indian steelmaker JSW Steel is considering acquiring coal mines in Africa, the US and Canada, according to India-based news agency Press Trust India (PTI). A JSW Steel official stated that the company needs to own mines to reduce costs, ...
Tags: Metallurgy, Mineral, Energy, Coal Mines
Do you believe water can slice fragile material like cake or a sophisticated material like thick steel slabs? Have you ever imaged a bone surgery being conducted using water as a cutting tool? A jet of water, when pressurized up to 50,000 ...
Tags: Creative Uses, Waterjet Cutting
Genesee & Wyoming, the largest shortline holding company in the US, reported a 4% year-on-year increase in coal and coke shipments in the first quarter largely because of higher domestic demand for thermal coal, said the company Wednesday ...
Tags: Shortline Company, Coke Shipments
Tata Power's Trust Energy Resources achieves a significant milestone Wednesday, Apr 17, 2013 Singapore's Minister for Transport, Lui Tuck Yew, conferred the prestigious Approved International Shipping (AIS) award to Trust Energy Resources ...
Tags: Service, Transportation
Despite assurances from the White House and little traction from Democrats in US Congress, a key Republican senator believes that a carbon tax is President Barack Obama's top priority. "That is the ultimate goal of this president," said ...
Tags: Lead Republican, Carbon Tax, Chemicals
Japanese trading house Mitsubishi Corp began operations at its new coal trading desk in Singapore Monday as part of a wider restructuring of its commodities trading businesses, market sources said Tuesday. The Japanese trading house ...