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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

Heinz Partners with Top Pitmasters to Launch Five New BBQ Sauces

Apr 20, 2016

Heinz is launching into another new category: BBQ! and has released five new BBQ sauces, created in partnership with five of America’s top pitmasters. Heinz BBQ sauces are a collection of authentic regional sauces that taste even ...

Tags: Heinz, BBQ Sauces, Top Pitmasters

Atlantic Met Coal: US Takes Aim on Benchmark HCC Reference

Dec 15, 2015

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

Iron Ore Miner Samarco Could Stop Shipments in Three Weeks: Source

Nov 10, 2015

Brazilian iron ore miner Samarco may be out of iron ore pellets within three weeks following a fatal tailings dam collapse last week, a source familiar with the company said Monday. An indefinite stoppage could affect global pellet ...

Tags: Samarco, iron ore miner, coals

June Thermal Coal Imports Slow to 4-Month Low

Jul 25, 2015

China's June imports of thermal coal slumped to a four-month low of 6.21 million mt, a 43% on-year drop and down 4% on the previous month, according to customs data released Wednesday. The tally comprises bituminous and sub-bituminous ...

Tags: Thermal Coal, lignite, Coal

BHP Billiton Has Announced Its Financial Results for The Year Ended June 30 This Year

Aug 21, 2014

Australian mining company BHP Billiton has announced its financial results for the year ended June 30 this year. According to the company's financial statement, BHP Billiton has posted a net profit of US$13.83 billion for the financial ...

Tags: BHP Billiton, Financial Results, Energy

Some CAMC 6×4 LNG Heavy Trucks Started to Run in Yangquan Shanxi Province

Aug 20, 2014

Some CAMC 6×4 LNG heavy trucks started to run in Yangquan Shanxi province in early July. And this is just the beginning of CAMC natural gas heavy trucks' order in Shanxi province. Before this, CAMC natural gas heavy trucks are hot ...

Tags: CAMC LNG, Sales, Accessories

7027940 Canada Limited Has Entered Into a Definitive Agreement

Aug 13, 2014

Russian steelmaker Severstal has announced that its wholly-owned subsidiary 7027940 Canada Limited has entered into a definitive agreement with Corsa Coal Corp., a Canadian public company, for the sale of PBS Coals Inc., a metallurgical ...

Tags: Severstal, agreement, Metallurgy, Mineral

Growth in Global Steel Demand May Require a Tripling of Current Seaborne Coal Exports

May 4, 2014

The expected growth in global steel demand through 2050 may require a tripling of current seaborne metallurgical coal exports, which may be tough for miners to deliver, according to forecasts delivered Monday by two consultants. An annual ...

Tags: steel demand, steel production

NLMK Has Started Hot Testing The Second PCI Unit in Its Blast Furnace Operations

Apr 21, 2014

Russian steelmaker NLMK Group has announced? that it has started hot testing the second pulverized coal injection (PCI) unit in its blast furnace operations at the main production site in Lipetsk (Novolipetsk). The company has started ...

Tags: Metallurgy, Mineral, Steel

Raspadskaya Lost a Net $126 Million in 2013

Mar 28, 2014

Russian coking coal producer Raspadskaya lost a net $126 million in 2013, quadrupled from a net loss of $29.5 million a year ago, as its share of exports in its overall sales volumes grew to 42% due to weaker domestic demand, Raspadskaya ...

Tags: Coking Coal, Miner, integrated mining

Australia's New Hope Corporation Reported an 11.3% Fall in Thermal Coal Production

Mar 27, 2014

Australia's New Hope Corporation Tuesday reported an 11.3% year-on-year fall in thermal coal production to 2.7 million mt in the half year ended January 31. The drop in production was attributed to the planned closure of its New Oakleigh ...

Tags: Thermal Coal, New Hope Corporation, New Oakleigh mine

Bearish Sentiment Blanketed The Indonesian Thermal Coal Market Amid Reports of Price

Mar 10, 2014

Bearish sentiment blanketed the Indonesian thermal coal market Wednesday amid reports of price discounting by major Chinese coal producers to their domestic customers, said traders. A medium-sized Indonesian coal producer said he expected ...

Tags: Thermal Coal Market, Deal-Making

Spot Sales Amount to an Average of 25% of Australian Coal Majors' Books in 2013

Feb 24, 2014

Around a quarter of Australian metallurgical coal is sold on a spot basis following a significant increase in production and the fact that the primary buyer, China, prefers short-term pricing, an analysis of Platts data and a survey of ...

Tags: Coal Market, Spot Pricing

Several New Orleans-Area Terminals Are Increasing Capacity

Feb 19, 2014

Despite a drop in coal exports off the Mississippi River in 2013, several New Orleans-area terminals say they are increasing capacity as they eye improved markets in the long-term. Foresight Energy's Convent Marine Terminal in Convent, ...

Tags: Coal Terminals, Coal Exports

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