Amid the country's effort to build a greener energy system, the country's raw coal production by its large-size coal companies continued to decline in 2016. Combined raw coal production from the country's designated large coal companies ...
Tags: Coal Production, Coal
Amid spiking energy demand and mounting environmental challenges, China is striving to build a greener energy system, with more investment flowing to the clean energy sector in the coming years. China's total energy consumption will be ...
Tags: Greener Energy, clean energy
China Shenhua Energy Company Limited, the nation's top coal producer, has said its net profits plummeted 28.3 percent year on year to 4.74 billion yuan (734 million U.S. dollars) in the first quarter of 2016. Shenhua, a State-owned ...
Tags: coal producer, coal
Bowie Resource Partners will become the US' largest Western bituminous coal producer following a deal with Peabody Energy, according to the company. The Louisville, Kentucky-based company expects the $358 million acquisition to nearly ...
Tags: coal, Peabody, bituminous coal
Russian pig iron and coking coal producer Industrial Metallurgical Holding (KOKS Group) has announced its operational results for the first nine months this year. Accordingly, IMH (KOKS Group) produced 1.635 million mt of pig iron in the ...
Tags: pig iron, coking coal
US-based coal producer Walter Energy has announced that it has completed a previously announced transaction to sell the Blue Creek Terminal and associated properties, located in Mobile, Alabama, to the Alabama State Port Authority for $25 ...
Russian steelmaker Severstal has announced that its wholly-owned subsidiary 7027940 Canada Limited has entered into a definitive agreement with Corsa Coal Corp., a Canadian public company, for the sale of PBS Coals Inc., a metallurgical ...
Tags: Severstal, agreement, Metallurgy, Mineral
US-based coal producer Cliffs Natural Resources has announced that in the second quarter of the current year its sales revenue decreased by 26 percent to $1.1 billion compared to the corresponding quarter of the previous year. The lower ...
China's largest coal producer Shenhua Group is trying to persuade traders and utilities to buy more coal in a bid to reduce inventories at ports as relatively high stocks at utilities and robust hydropower production continue to weigh on ...
Tags: Coal Stocks, China's Shenhua
Bearish factors weighing on the Chinese market were offsetting any positive sentiment on Indian demand for Indonesian thermal coal, sources said Thursday. A Singapore-based source for a major producer said he did not share in the bullish ...
Tags: Chinese market, thermal coal
The Asian seaborne cargo market for 5,500 kcal/kg NAR imported thermal coal was weaker Monday, with bids slipping to about $70/mt CFR South China amid talk Chinese coal producer Shenhua was on the verge of cutting prices. Buying interest ...
Tags: Shenhua Price, CFR China
US-based coal producer Walter Energy has announced that it does not expect CO2 emission limits regulations for existing power plants issued by the US Environmental Protection Agency (EPA) to have any material impact on Walter Energy, since ...
Tags: Walter Energy, CO2 emission
Indonesia, the world's largest exporter of thermal coal, plans to build 14 dedicated coal terminals in the islands of Kalimantan and Sumatra in a bid to curb illegal coal exports, a government official said Monday. Around 50 million-60 ...
Tags: thermal coal, coal terminals
Sentiment in India following the general elections appears bullish, boding well for the Indonesian thermal coal market, but there is no near-term catalyst being seen to drive Chinese demand up, sources said Friday. "It would still require ...
Tags: Thermal Coal, Mineral
Europe's largest coking coal producer Poland-based Jastrzebska Spolka Weglowa SA (JSW) has announced its financial results for the first quarter, reporting a net loss of PLN 88.5 million ($28.9 million), compared to a net profit of PLN ...
Tags: coal output, JSW