Numerical targets to reduce coal and steel production capacity have, for the first time, been set in the annual Chinese government work report. China will reduce steel production capacity this year by around 50 million metric tons and ...
Tags: Steel Capacity, Coal
Amid the country's effort to build a greener energy system, the country's raw coal production by its large-size coal companies continued to decline in 2016. Combined raw coal production from the country's designated large coal companies ...
Tags: Coal Production, Coal
Major Chinese miner Shenhua Group's commercial coal production in December reached 25.30 million mt, up 0.4% year on year, the company said Sunday. Coal sales rose 4.8% year on year to 34.7 million in December, of which sales of ...
Tags: commercial coal, coal
Own sourced copper production was down 3% to 1,502,200 tonnes in 2015, reflecting the suspension of processing operations at Katanga and a significant curtailment at Mopani. These volume reductions were partly offset by increases at ...
Tags: copper production, copper
China will hopefully achieve its annual steel and coal capacity reduction goals ahead of schedule this year, the country's top economic planner said on Tuesday, as local authorities have intensified efforts in recent months due to pressure ...
Tags: Steel, Coal Capacity-Cut Targets
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
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 ...
Atlantic metallurgical coal buyers and miners Friday were positive on the reported $81/mt hard coking coal benchmark, with new spot US offers looking to match or exceed this reference. Some buyers were bracing for a settlement closer to ...
Tags: Atlantic Met Coal, hard coking coal, coke
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
Coal production in China, the world's largest producer and consumer of the mineral, declined 6.1 percent in the first four months this year as the impact of the government's clean air and renewable energy policies began to weigh on the ...
Tags: Coal Production, mineral
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
Central Europe-based miner New World Resources Plc (NWR) has announced that it has reached agreements with its customers for coking coal sales for the fourth quarter of the current year. Accordingly, NWR has set the average agreed price ...
Tags: Coking Coal Prices
Ukrainian mining and steel producing group Metinvest has announced its results for the third quarter and the first nine months of the current year. According to its results, Metinvest's crude steel production decreased by 42 percent to ...
Tags: mining, crude steel
Australian miner BHP Billiton has announced its production results for the first quarter ended September 30, 2014 of the financial year 2014-15, achieving a new quarterly record from its Western Australian iron ore operations with an iron ...
Tags: BHP Billiton, Output, Energy
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