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Chinese Domestic Ferrochrome Prices to Rise

Sep 14, 2016

Major Chinese coal miners will be able to temporarily adjust their coal output in either direction between September and December after an agreement with the China Coal Trade and Development Association, industry sources said Friday. The ...

Tags: coal miners, Ferrochrome

New Cable to Become Lifeline for Miners

Dec 18, 2015

A novel cable designed by a Chinese company could help protect the lives of the country's millions of miners by providing life necessities in times of crisis. The multifunctional cable uses a stainless-steel tube inside a traditional ...

Tags: Cable, Miners

Poland Planning to Export Coal From Stockpiles to Ukraine

Dec 15, 2015

Poland is planning to sell its hard coal stockpiles to Ukraine in order to raise cash to inject liquidity into the country's struggling state-owned coal miners, development minister Mateusz Morawiecki, said Monday. "There is a coal ...

Tags: coal, coking coal, anthracite

An Already Grim Situation Baout Coal Industry Made Worse by Weak Demand

Jan 27, 2015

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

Taxes Remained High on The Agenda of Chinese Policymakers Last Year

Jan 9, 2015

China plans to levy a resources tax on coal based on sales value instead of production volume, as well as scrapping arbitrary levies on coal miners starting from December 1, taxation and fiscal authorities said over the weekend. ...

Tags: Resources Tax, Coal

Chinese Thermal Coal Miners' Price Cuts Hit Import Demand

Jun 4, 2014

Large Chinese thermal coal miners were dropping their selling prices for domestic 5,500 kcal/kg NAR coal, depressing demand for imported material, sources said Friday. An Indonesia-based trader said that Shenhua had cut its price for ...

Tags: Thermal Coal, power plants

Production Cuts at Indonesian Thermal Coal Mines Could Only at Best Help Stabilize Prices

May 23, 2014

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

The Total Coal Output in North China's Shanxi Province Reached a Record 960 Million Tons

Jan 21, 2014

The total coal output in North China's Shanxi Province reached a record 960 million tons in 2013, up from 913 million tons a year earlier, the Xinhua News Agency reported Sunday. Out of this total output, 620 million tons of coal were ...

Tags: Coal Production, coal miners

The Delivery Window Before The Lunar New Year Is Closed

Dec 17, 2013

Not many thermal coal buyers are looking to conclude deals for imported material this week with Chinese Lunar New Year holidays approaching, sources said Monday. "The delivery window before the Lunar New Year is closed," a source at a ...

Tags: Thermal Coal, Imported Material

Platts Assessed Wednesday The API2 Q1 2014 Contract at $83.40/Mt

Nov 25, 2013

A spike in the front-quarter CIF ARA c had eastern US coal export executives guessing Wednesday how much the out-of-the-money range for Central Appalachian thermal coal prices had narrowed. Platts assessed Wednesday the API2 Q1 2014 ...

Tags: East Coast Coal, Coal

CEO of US Miner Walter Energy: Low Pricing Has Been a Huge Struggle for Producers

Nov 7, 2013

Global steelmakers, metallurgical coal miners and merchant coke producers are feeling the heat thanks to sluggish steel and coal prices coupled with the prospect of higher energy costs in the US due to regulation, participants said Tuesday ...

Tags: steel, Coal, Metallurgy, Mineral

Accounts Receivables for China's Major Coal Companies Reached $54.03bn at The End of June

Aug 30, 2013

Accounts receivables for China's major coal companies reached 330.8 billion yuan ($54.03 billion) at the end of June, the highest level over the past decade, official industry figures showed. According to China National Coal Association, ...

Tags: Metallurgy, Mineral, Energy

Australia's Government Is to Speed up The Country's Transition

Jul 18, 2013

Australia's government is to speed up the country's transition to a carbon emissions trading system by dropping its fixed-price carbon tax in 2014, a year earlier than planned, Australian treasurer Chris Bowen said over the weekend. From ...

Tags: Coal, Chemicals

China's Proposed Ban Will Have a Serious Impact on Indonesian Sub-bituminous Coal Prices

May 24, 2013

China's proposed ban on imports of low calorific value thermal coal will have a serious impact on Indonesian sub-bituminous coal prices, industry sources said Thursday. Platts, quoting well-informed sources, reported this week that ...

Tags: Low CV Coal, Indonesian Prices

Participants Will Be Eying Whether China Will Continue to Remain Relatively Passive

May 22, 2013

Participants in the biggest Asian coal conference in Bali, Indonesia, in the first week of June will be eying whether China will continue to remain relatively passive in importing thermal coal, industry sources said Monday. Participants ...

Tags: thermal coal, Coaltrans Asia

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