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No Large-Scale Cuts From Chinese Coal Mines

Mar 9, 2017

China's National Development and Reform Commission (NDRC) said Tuesday that it will not seek to lower coal output in large scale, even as it continues to rationalize supply. This is provided that prices remain in a reasonable boundary. ...

Tags: Coal Mines, Coal

China Has The World's Largest Clean Power Capacity Under Construction

Dec 31, 2015

As the country strives to reduce pollution and seeks to move away from the use of fossil fuels, it's been revealed that China has the world's largest capacity for "new and renewable energy". Nur Bekri is the head of the National Energy ...

Tags: Largest Clean Power Capacity

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

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

Ukraine Seeks Imports of Anthracite Coal as Shortages Loom

Dec 2, 2015

Ukraine is seeking extra imports of anthracite coal from South Africa and other sources on looming shortages after supplies from Russia and territories controlled by pro-Russian separatists in Donetsk and Luhansk regions were suspended, ...

Tags: Coal, anthracite, natural gas

Capp Spot Market Frozen, But Winter Could Be 'shot in The Arm' at Year-End

Nov 25, 2015

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

Retail Fuel Prices Will Be Lowered Slightly

Jul 8, 2015

Global woes drag crude prices, as demand continues to decline in China Retail fuel prices will be lowered slightly from Wednesday to better reflect the global fall in crude prices and the glut in the market, the nation's top economic ...

Tags: Gasoline Price, Crude Prices

India Ratings Projects Increase to 7.7%

Apr 29, 2015

A leading domestic rating agency India Ratings has projected a 7.7 per cent growth this fiscal driven by domestic demand. The projection is marginally low from the official growth forecast of 7.9 per cent. "We expect GDP to grow by 7.7 ...

Tags: India Ratings, India Ratings Projects

The Central Silk Board 9CSB Established a New BSMTC in Bhandara

Aug 18, 2014

After closing down the Chandrapur Silk Basic Seed Multiplication & Training Centre (BSMTC) unit in Maharashtra, the Central Silk Board 9CSB) established a new BSMTC in Bhandara, also in Maharashtra to ensure continuity of supply of DFLs and ...

Tags: CSB, Maharashtra, Textile

America's Dependence on Foreign Nations for Minerals Is a Choice

Aug 15, 2014

“America’s dependence on foreign nations for minerals is a choice. Our solution to our dependence isn’t a lack of resource; it is a lack of courage and commitment to produce the resources here,” declared Rep. Doug ...

Tags: Mineral, Policy, Electrical, Electronics

The Coal Faces Limited Negative Surprises Going Forward with Price Downside Limited

May 25, 2014

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

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

Arch Coal Cut Its 2014 Met Coal Sales Guidance by 1m Short Tons as Pricing Remain Weak

Apr 24, 2014

US miner Arch Coal on Tuesday cut its 2014 met coal sales guidance by 1 million short tons, to 6.3-7.3 million st, as shipments and pricing remain weak for the foreseeable future. Arch, in its quarterly earnings statement, said it expects ...

Tags: Soft Market, Arch Coal, miner

Walter Energy Will Begin Idling Canadian Coal Mines

Apr 17, 2014

US-based coal producer Walter Energy, Inc. has announced that it will begin idling its Canadian operations, including the Wolverine and Brazion coal mines in British Columbia, this month, due to the unfavorable coal pricing environment. ...

Tags: Coal Mines, Walter Energy, mine

Ruyi Group Will Invest US$ 2 Billion in The Quaid-E-Azam Apparel Park

Apr 9, 2014

Chinese textile firm Shandong Ruyi Group has signed a memorandum of understanding (MoU) with the Government of Pakistan’s Punjab, under which the firm will be investing US$ 2 billion in the Quaid-e-Azam Apparel Park that is being ...

Tags: Pakistan's Apparel, Ruyi Group, textile firm

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