Peabody Energy estimates that Southern Powder River Basin coal prices are up about 30% in the trailing six-month period ended April 30, with SPRB stockpiles dropping below "normal" levels to 48 days use. Peabody's estimates, which were ...
Tags: coal, natural gas
Cleveland, Ohio-based Cliffs Natural Resources Inc. has announced that it is further reducing its expected 2014 capital spending range by approximately 25 percent, or $100 million, to $275-325 million. Cliffs indicated that the lower ...
Tags: Iron Ore, Natural Resources
Australia's Newcastle port exported 2.8 million mt of thermal and coking coal in the week to Monday, falling 19% on the week, as the port's vessel queue continued to shrink, according to the Newcastle Port Corporation's latest weekly ...
Tags: thermal, coking coal
Brazil-based iron and steel maker Gerdau said Tuesday its proposed logistics and mining investments will enable the company to more than double iron ore production within the next six years, to 24 million mt/yr, from the current 11.5 ...
Tags: Iron Ore, steel maker
The European Commission has published a revised and extended list of Critical Raw Materials, based on threatened supply coupled with economic importance. The 2014 list includes 13 of the 14 materials identified in the previous list of ...
Tags: Raw Materials, coking coal
The recently announced 400 billion-dollar gas deal between Russia and China will not affect gas deliveries to the EU, the International Energy Agency (IEA) said Thursday. "The gas that has been determined for export to China would have ...
Tags: EU Supplies, Gas
China's National Development and Reform Commission (NDRC) has announced that in April of the current year coal shipments by Chinese railways amounted to 178 million mt, down 0.3 percent year on year, while in the January-April period this ...
Tags: Coal Shipments
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
Global demand for imported thermal coal is expected to continue to grow but at a slower rate of 2% per year until 2018, as China faces an oversupply of domestic coal and shifts to a more diverse mix of renewable energy sources to address ...
Tags: Thermal Coal, coal production
The U.S. Environmental Protection Agency (EPA) Region 4 has reached an agreement with Nally and Hamilton Enterprises, Inc. (Nally), for filling streams at two coal mining sites in Kentucky in violation of the Clean Water Act (CWA). Under ...
Tags: Mining Company, EPA, certification
Germany's power plants generated 5.4% less electricity in the first quarter, with output from all conventional sources falling, but coal- and gas-fired power plants recorded the biggest declines, German utility lobby group BDEW said ...
The Chinese thermal coal market is seeing some positive fundamental trends in the near term, helped by coal investment cuts, production declines and a slowdown in imports, even as seasonal weakness is expected to weigh on the market, an ...
Tags: Thermal Coal, Coal
Today, the U.S. Environmental Protection Agency signed an enforceable agreement with Duke Energy Carolinas, LLC (Duke) to perform a comprehensive assessment, determine the location of coal ash deposits and to remove deposits along the Dan ...
Tags: Duke Energy, Coal Ash
Peabody Energy has closed its Viking surface coal mine in Daviess County, Indiana, several months after the mine had been expected to cease operations because its reserves of high-sulfur steam coal were running out. "Production operations ...
Tags: Peabody, Surface Coal
Production cuts at Indonesian thermal coal mines could only at best help stabilize prices but further gains would be capped by sagging demand from both India and China in the spot market, sources said Wednesday. A Singapore-based trader ...
Tags: Thermal Coal, thermal coal mines