The recent coal price surge in China was irrational and unsustainable, an official said Monday, predicting that prices will retreat as supplies increase. There is no basis for further rises in coal prices, as supplies, freight volume and ...
Tags: Coal, Coal Price
Tax revenue from coal production in the Australian state of Queensland is forecast to rise to A$1.93 billion ($1.4 billion) in fiscal year 2016-2017 (July-June), based on assumptions that hard coking coal prices will average $100/mt in the ...
The North American coal industry remains negatively positioned for 2016 with thermal coal facing a slow, long-term decline and metallurgical coal prices unlikely to recover within the next 12 months, a Moody's Investors Service note said ...
Dalrymple Bay coal terminal's exports to India slumped dramatically in October to just 266,700 mt compared with 873,500 mt in September and an on-month decline of 228%, according to shipping data for the Australian terminal released ...
Tags: coal, thermal coal, metallurgical coal
US Central Appalachian coal producers and brokers are still hoping some kind of thermal spot market will develop with winter approaching, but many in the industry said this week they aren't holding out much hope. Market players continued ...
Tags: CAPP coal, MISO coal, fossil fuel
China's coal consumption continued to decrease in the first ten months this year, according to the China National Coal Association (CNCA) on Tuesday. Coal consumption hit 3.23 billion tonnes during the January-October period, down 4.7 ...
Tags: coal consumption, coal
Chinese demand for seaborne-traded thermal coal will fall sharply from 2016, dragging prices down in its wake, analysts at Goldman Sachs said this week. In a report entitled The Tiger and the Dragon, the bank's analysts downgraded their ...
Tags: Thermal Coal, Coal, Coal Mining
Coal provides nearly two thirds of China's energy, but for mining companies, this winter could not be more chilly. The government has done its best to save the day, but it is not enough to force up the price of coal, even in the short ...
Tags: Coal Industry, Coal
December is normally associated with celebrating achievements and chalking out action plans for the year ahead. But for Andrew Mackenzie, the chief executive officer of mining giant BHP Billiton Ltd, December was the culmination of an ...
Tags: BHP Billiton, Miner
Raspadskaya Coal Company (Raspadskaya), one of the largest coking coal producers in Russia, has announced that in the third quarter this year its raw coal production volume decreased by four percent compared to the second quarter of this ...
Tags: Coal Output, Mineral
Raspadskaya Coal Company (Raspadskaya), one of the largest coking coal producers in Russia, has announced that in the second quarter this year its raw coal production volume increased by 38 percent compared to the first quarter of this year ...
Tags: Raspadskaya, raw coal, Metallurgy, Mineral
Uncertainty over the scale of widely-expected price cuts by Chinese coal producers for July domestic cargoes has cast a cloud over the South China market for imported thermal coal, market sources said Tuesday. Because of this, buyers and ...
Tags: Thermal coal, Domestic Cargoes
Queensland's government expects the Australian state's exports of seaborne-traded coking and thermal coal to surpass 200 million mt for the first time in the current fiscal year ending June 30, budget papers released by state treasurer Tim ...
Tags: Metallurgy, Mineral, Energy, Coal
The US Environmental Protection Agency's proposed carbon emissions guidelines issued Monday would have the biggest impact on Appalachian and Powder River Basin thermal coal producers, though the latter may be able to soften the impact if ...
Tags: Thermal Coal, carbon emissions
Australian coal exploration company Stanmore Coal estimates that 40% of global seaborne-traded thermal coal production of roughly 800 million mt and 45% of internationally traded coking coal production of around 300 million mt is ...
Tags: coal exploration, thermal coal