Chinese majority-owned coal producer Yancoal has announced that its open-pit mines Yarrabee and Middlemount have been affected by the heavy rainfalls impacting Australia's Queensland region. Production from the mines is likely to be ...
Tags: coal production, coal Exports, coal mining
Peabody Energy has set a 2013 capital expenditure budget of $450 million to $550 million, roughly half that of 2012, and will further defer "early-stage" projects until coal market conditions improve, the St. Louis-based producer said ...
South Africa-based coal company Coal of Africa Limited (CoAL) has announced that its shareholders have approved the $100 million investment by China-based coal producer Haohua Energy International (HEI), a wholly-owned subsidiary of Beijing ...
Tags: coal, Coal of Africa Limited, shareholders
Russian pig iron and coking coal producer Koks Group has announced it operational results for 2012 and the outlook for 2013. During 2012, Koks produced 2.12 million mt of pig iron, down two percent compared to the previous year. Last ...
Tags: coking coal output, pig iron, coke output
Russia's second largest coking coal producer Raspadskaya has stated that in the fourth quarter of 2012 its coal output increased by 59 percent quarter on quarter to 2.2 million mt, rising by 38.5 percent year on year. In the full year 2012, ...
Tags: Russia, coking coal, coal output
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. ...
Chinese end-users have switched to concluding term contract deals and lessened their spot buying with the approach of China's Lunar New Year festivities in mid-February, as spot prices for south China stayed rangebound in Thursday's trading ...
Tags: Chinese, China Lunar New Year, coal, Australian
South Africa-based coal producer Coal of Africa Limited (CoAL) has announced that China-based coal producer Haohua Energy International (HEI), a wholly-owned subsidiary of Beijing Haohua Energy Resource (BHE), has received the required ...
Tags: South Africa, CoAL, China, HEI
South Africa-based coal producer Coal of Africa Limited (CoAL) has announced that it has signed a binding memorandum of understanding with global trading company Vitol Group of Companies (Vitol). Accordingly, Vitol will be responsible for ...
Tags: South Africa, coal producer, CoAL, Vitol
Chinese steelmaker Echeng Steel and China Pingmei Shenma Group, a state owned coal producer based in Henan province, have reportedly set up a joint venture in Hubei province. Industry sources said that both sides have a 50% stake in ...
Tags: Echeng Steel, Pingmei Group, coal, coke
Imagine for a moment that you have a credit card with a limit of a few trillion dollars but with one caveat: you need to use those funds exclusively to provide for your family. It sounds easy, until you realize your “family” is ...
Tags: China, Canada, Metallurgy, Mineral Energy
Mechel OAO one of the leading Russian mining and metals companies, announces the disposal of 100% of the shares of Toplofikatsia Rousse EAD (TPP Rousse, Bulgaria). Mechel OAO announces that it has signed an agreement for the disposal of ...
Tags: Mechel OAO, metallurgical coal producer, Toplofikatsia Rousse EAD
OAO Mechel of Russia's largest coking coal producer won a tender for 55% of OAO Vanino Commercial Sea Port on the Pacific coast outbidding investor Mr Oleg Deripaska's En+ Group. VTB Capital the sale organizer said that Mechel offered RUB ...