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Vietnam's Vinacomin to Import 1.5-2 Mil Mt Coal in 2016, up From 500,000 Mt

Dec 2, 2015

Vietnam National Coal-Mineral Industries, or Vinacomin, plans to import 1.5 million-2 million mt of coal in 2016, up from about 500,000 mt this year, the company said Thursday. Vinacomin's coal imports are expected to hit 10 million mt in ...

Tags: coal, steel

Raspadskaya Coal Announced Its Raw Coal Production Volume Decreased by Four Percent

Oct 17, 2014

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

Mechel Has Reported That It Is Investing a Total of RUB 2.9 Billion

Aug 15, 2014

Mechel, one of the leading Russian mining and steel groups, has reported that it is investing a total of RUB 2.9 billion ($80,4 million) in the technical revamping program for Mechel Mining OAO's production facilities. Investment in program ...

Tags: Mechel, Mineral, Energy

Arch Coal Has Idled Its Cumberland River Coal Company

Aug 13, 2014

St. Louis, Missouri-based Arch Coal announced Monday that it has idled its Cumberland River Coal Company complex as a result of weak coal prices in the market. The facility, located on the Virginia-Kentucky border, is comprised of two ...

Tags: Arch Coal, Metallurgy, Mineral

Concentrate Sales Increased by 54 Percent to 1.657 Million Mt

Aug 12, 2014

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

Peabody Energy and China's Shenhua Group Have Signed a Pact to Supply Shenhua Today

Dec 23, 2013

Peabody Energy (NYSE: BTU) and China's Shenhua Group today announced they have entered into an agreement to create Sino-Pacific Coal Trading Corporation Pte. Ltd., a Singapore-based joint-venture company that will supply Shenhua's growing ...

Tags: coal, mineral, company

Xining Special Steel Agreed with Partners to Increase The Capital of Their Coal Company

Dec 16, 2013

Qinghai Province-based Chinese steelmaker Xining Special Steel Co. has announced that it has agreed with its two partners, Shandong Energy Feicheng Mining Group Co. and Lanzhou Coal Mine Supporting Materials Co. to increase the capital of ...

Tags: steel, metallurgy

MMK Announced to Acquire 12.77% Shares up to 95% in Subsidiary Coal Company Belon

Oct 22, 2013

Magnitogorsk Iron and Steel Works (MMK), one of the world's largest steel producers in Russia has recently announced to acquire 12.77% shares up to 95% from its existing stocks through off-market transaction in Belon who is also part of MMK ...

Tags: steel, Construction, Decoration

MMK Group Acquired an Additional 12.77 Percent of Shares in Belon

Oct 18, 2013

Russia-based MMK Group has acquired an additional 12.77 percent of shares in Belon in an off-market transaction. Following the deal, MMK Group now holds a stake of over 95 percent in the coal company. This transaction enables MMK Group to ...

Tags: Metallurgy, Mineral, coal

Raspadskaya Announced That Its Raw Coal Production Volume Rose by 24 Percent

Oct 17, 2013

Raspadskaya Coal Company (Raspadskaya), one of the largest coking coal producers in Russia, has announced that in the first nine months of the current year its raw coal production volume rose by 24 percent compared to the same period of ...

Tags: Metallurgy, Mineral, Energy, steel

Evraz Said That It Signed Agreement for The Sale of The Gramoteinskaya Thermal Coal Mine

Oct 17, 2013

Russian mining and steel producing company Evraz Group has announced that it has signed a binding agreement for the sale of the Gramoteinskaya thermal coal mine, part of its wholly-owned subsidiary Yuzhkuzbassugol Coal Company, to Lehram ...

Tags: Metallurgy, Mineral, Energy

Southern Kuzbass Saw a 8.8 Percent Rise in Its Coal Output to 11.023 Million Mt

Oct 12, 2013

In the January-September period of the current year, Southern Kuzbass Coal Company, a subsidiary of the Russian mining and steel producing group Mechel, saw a 8.8 percent year-on-year rise in its coal output to 11.023 million mt, including ...

Tags: Coal Output

Arch Coal Announced That It Entered Into an Agreement for $16 Million in Cash

Oct 12, 2013

Arch Coal, Inc. announced Thursday that it has entered into an agreement to acquire the Guffy property from Patriot Coal Corporation for $16 million in cash. The Guffy reserves are owned in-fee, are contiguous to Arch's Tygart Valley ...

Tags: Arch Coal, Patriot Coal

The Credit Rating of Raspadskaya Has Been Downgraded by Moody's

Aug 22, 2013

International ratings agency Moody's has announced that it has downgraded the credit rating of Raspadskaya Coal Company (Raspadskaya), one of the largest coking coal producers in Russia, to B2 from B1, reflecting Moody's expectation of ...

Tags: Coal Company, coking coal

The Net Deficiency of Raspadskaya Has Been Announced in H1

Aug 19, 2013

Raspadskaya Coal Company (Raspadskaya), one of the largest coking coal producers in Russia, has announced its financial results for the first half of the current year. Accordingly, Raspadskaya's recorded a net loss of RUB 2.741 billion ...

Tags: Raspadskaya, Mineral

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