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Coal India to invest Rs 8,500 crore capital expenditure in FY2017-18

2017-08-16 17:50:00 Company,  Environmental Protection,  International sxcoal.com

Coal India Ltd (CIL), which produces 84% of the country's total output of the mineral, has planned to invest Rs 8,500 crore ($1.32 bi...

Shanxi Lanhua Sci-Tech H1 net profit at 510 mln yuan

2017-08-16 08:32:00 Company,  Cost & Profit sxcoal.com

Shanxi Lanhua Sci-Tech Venture Co., Ltd, one major coal producer in the resource-rich province of Shanxi, gained a net profit of 510 ...

China to integrate coal and power resources to cut overcapacity

2017-08-15 18:16:00 Policy,  Company chinadaily.com

Chinese government bodies are pushing restructuring in the field of coal and electric power so as to fend off coal-fired power overca...

Coal India profit lags behind estimates on rising costs

2017-08-15 15:02:00 Company,  Price,  Cost & Profit,  International nikkei.com

Coal India, the world's largest producer of the fuel, reported a wider-than expected 23% drop in first-quarter net income as rising e...

Shanxi Coking H1 net profit surge 2.2 times

2017-08-15 09:23:00 Company,  Cost & Profit,  Coking Coal sxcoal.com

Shanxi Coking Co., Ltd, a listed subsidiary of Shanxi Coking Coal Group, realized net profit of 19.89 million yuan ($2.98 million) in...

China Shenhua gains approval of a mega coal mining area

2017-08-15 08:32:00 Company sxcoal.com

China Shenhua Energy Co., Ltd, a listed arm of coal giant Shenhua Group, has gained approval from China's state planner to build a me...

Australia's Aurizon sees good growth in coal after exiting freight

2017-08-14 17:25:00 Company,  International,  Land-carriage reuters.com

Coal rail operator Aurizon Holdings Limited had decided to quit its loss-making freight business, selling two units for A$220 million...

Adani picks funding advisor for giant Australia coal mine

2017-08-11 14:16:00 Company,  International reuters.com

India's Adani Enterprises has appointed corporate finance firm Grant Samuel to advise on funding for its multi-billion dollar coal mi...

NDRC: coal cos' profit surge 20 times on yr

2017-08-11 11:02:00 Company,  Cost & Profit sxcoal.com

The above-sized coal firms (main business revenue above 20 million yuan) in China realized total profit of 147.48 billion yuan ($22.1...

First proviate-led coal-fired power project kicks off in Indonesia

2017-08-11 09:19:00 Company Chinadaily.com

The first coal-fired power project led by a Chinese private company kicked off construction on August 7 in Indonesia's West Kalimanta...

Shaanxi Coal Sales &Trans H1 self-produced coal sales up 11pct on yr

2017-08-11 08:34:00 Company,  Production & Sales sxcoal.com

Shaanxi Coal Sales and Transportation Group, subsidiary of Shaanxi Coal and Chemical Industry Group, sold 65.76 million tonnes of sel...

Coal India plans to shut about 100 unprofitable mines in 2-3 years

2017-08-10 17:44:00 Policy,  Company,  International economictimes.com

Coal India will shut nearly 100 unprofitable mines over the next two-three years, Economic Times reported on August 10. Of this, 37 w...

Yancoal shareholder lodges complaint over raising for $2.69 billion Rio coal deal

2017-08-09 17:55:00 Company,  International reuters.com

Hedge fund Senrigan Capital Management has asked Australian regulators to intervene in Yancoal Australia's efforts to fund its $2.69 ...

Dongbei Steel restructuring plan gets creditor approval

2017-08-09 08:49:00 Company reuters.com

Creditors of Dongbei Special Steel Group Co Ltd have approved a draft plan to restructure the stricken northeastern Chinese steelmake...

Shenshuo rail line coal transport breaks record

2017-08-09 08:32:00 Company,  Land-carriage sxcoal.com

Shenshuo rail line, which starts from Daliuta in Shaanxi province and ends in Shuozhou in neighboring Shanxi province, transported 81...

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Editors Recommendations

1 China's customs clearance prolonged for Mongolian coal 2017-08-16

The customs clearance for Mongolian coking coal imported into China has been prolonged since the Naadam Festival in Mongolia in mid-July. It now takes at least one month to finish customs

2 China to integrate coal and power resources to cut overcapacity 2017-08-15

Chinese government bodies are pushing restructuring in the field of coal and electric power so as to fend off coal-fired power overcapacity, according to a statement released on the official website o

3 World's largest floating solar farm starts operation in Anhui 2017-08-15

A gigantic 40-MW floating solar farm has started generating power in Huainan, a coal-rich city in eastern China's Anhui province, which could power about 15,000 households a year. More th

4 Thermal coal prices remain range-bound in Inner Mongolia 2017-08-15

Thermal coal prices generally stayed a plateau in China's coal production base of Inner Mongolia, with a slight fluctuation of 5-10 yuan/t. Miners reported sales and stock situation remained almost th

5 China coal bases expedite high-quality capacity release 2017-08-15

China's top coal producing provinces are speeding up releasing of high-quality mining capacity recently, in response to the call of the National Development and Reform Commission, aiming to address cu

6 Shanxi to auction off some CBM prospecting and mining rights this yr 2017-08-15

China's coal-rich Shanxi province is expected to auction off a batch of prospecting and mining rights for coal-bed methane (CBM) within the year, said the Shanxi Provincial Department of Land and Reso

7 Weekly China met. coke market analysis and forecast 2017-08-15

China's met coke market continued to keep buoyant last week. Major coke producers' fifth price hike since late June has been basically accepted by steel mills, which are enjoying huge profit and have

8 China halts building of coal power plants 2017-08-15

China is holding back from building new coal-fired power plants to avoid risks of overcapacity and promote a clean energy mix. A total of 150 GW of new coal power generation capacity will

9 China ups pressure on North Korea with ban on coal imports 2017-08-15

China announced it will halt part of imports from North Korea on August 14, as it implemented a package of sanctions passed by the United Nations Security Council on August 6. China will

10 UK Jun thermal coal imports fall to 5-mth low 2017-08-14

The UK imported 156,726 tonnes of thermal coal in June, the lowest amount since January, according to customs data released late August 10. The June total was down 35% from May but up 102

Most Read News Stories

1 China Jul coke exports down 1.37% MoM 2017-08-08

China exported 0.72 million tonnes of coke and semi-coke in July, dipping 1.37% from the month prior and 34.55% from the year-ago level, according to the data from the General Administration of Custom

2 China Shenhua, GD Power not resume trading as expected 2017-08-07

China Shenhua Energy Co., Ltd. and GD Power Development Co., Ltd. didn't resume stock trading as expected since two months ago amid merger matters of their parent companies ‒ Shenhua Group and China G

3 Coal India to halve offer under e-auction 2017-08-08

Coal India has decided to halve its offer under e-auction from 300 million tonnes during 2016-17 to around 150 million tonnes this year, which will increase supply to fuel-starved power plants, the Ec

4 Xinjiang solar power curtailment rate down to 25.7% in H1 2017-08-07

Solar power idled decreased to 1.65 TWh in northwestern China's Xinjiang Uygur autonomous region in the first half of this year, with curtailment rate down to 25.7% from 31.8% a year earlier, said Xin

5 China coal-fired power plant issues green bonds 2017-08-07

A power producer in the city of Tianjin has issued "green bonds" worth 1 billion yuan ($150 million) to finance a 2,000-MW coal-fired power plant, a move slammed by an environmental group for divertin

6 Chinese coal producers report better profits in H1 2017-08-07

Coal producers in China have reported impressive profits for the first half of this year, Xinhua News Agency reported on August 7. Of China's 37 listed coal companies, more than half have

7 US Jun coal exports total 6.6 mln T, up 34.7% on yr 2017-08-07

US coal exports totaled 6.6 million tonnes in June, up 1% from May and 34.7% from the same month a year ago, according to US Census data released on August 4. For the first six months of

8 U.S. submits formal notice of withdrawal from Paris climate pact 2017-08-07

The U.S. State Department has officially informed the United Nations it will withdraw from the Paris Climate Agreement in a document issued on July 4, but left the door open to re-engaging if the term

9 Yancoal shareholder lodges complaint over raising for $2.69 billion Rio coal deal 2017-08-09

Hedge fund Senrigan Capital Management has asked Australian regulators to intervene in Yancoal Australia's efforts to fund its $2.69 billion purchase of the Coal & Allied division of Rio Tinto, sa

10 China Jul PPI up 5.5pct on yr 2017-08-09

China's producer price index rose 5.5% from a year earlier and up 0.2% from a month ago in July, showed data released by the statistics bureau on August 9. Soaring prices of commodities s

Most Read Analysis & Comments

1 China's coal imports soar as India's stumble in Jul 2017-08-04

China's imports of coal from the seaborne market surged again in July, providing a stark contrast to a fourth consecutive monthly decline for India, said Clyde Russell, one columnist with Reuters in a

2 Chinese state planer calls for vigorous coal supply for utilities 2017-08-11

Chinese state planner the National Development and Reform Commission (NDRC) said it will take vigorous measures to secure coal supply for power plants, as rallying coal prices and tight supply have ar

3 China coastal thermal coal prices fluctuate at high level 2017-08-02

Thermal coal prices hovered at high level at China's northern ports, buoyed by strong coal burn at utilities and short supply from mines. Coal stockpiles at power plants under the six coa

4 China thermal coal market shows signs of stabilization 2017-08-10

Thermal coal prices showed signs of stabilization in China after rising for four weeks, as market players expected demand from utilities to gradually cool off amid fading heatwave. Trader

5 China traders uphold thermal coal prices amid wait-and-see sentiment 2017-08-11

Most traders opted to uphold thermal coal prices in China amid solid demand from inland utilities, yet there's a growing wait-and-see sentiment on worries of slide in utility coal burn as the weather

6 China's six coastal utilities coal stocks hit 3-mth low 2017-08-11

China's six major coastal power utilities saw their coal stocks keep going down since entering August when air conditioners were still exhaling cold air. On August 10, sxcoal.com data sho

7 China coal bases expedite high-quality capacity release 2017-08-15

China's top coal producing provinces are speeding up releasing of high-quality mining capacity recently, in response to the call of the National Development and Reform Commission, aiming to address cu

8 China Coal Daily Track (Jul 29) 2017-07-31

Thermal coal Domestic market Thermal coal prices continued to nudge up at major production bases, with sales heard favorable and basically no stocks at mines. The mine-mouth p

9 China's QHD port coal stocks hit five-mth high 2017-08-08

Coal stocks at Qinhuangdao port, one major transfer port of the fuel in northern China, hit a five-month high of 6.03 million tonnes on August 7, climbing 4.2% from the month prior, showed data from i

10 China Coal Daily Track (Aug 11) 2017-08-11

Thermal coal Domestic market Except a 10 yuan/t price rise for some salable coal grades, prices of most thermal coals remained stable in northern Shanxi, where miners reported low stocks