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Australia's Aurizon committed to freight sale despite regulator concerns

2018-03-16 12:15:00 Company,  International

Australian rail operator Aurizon Holdings said on March 15 said it was committed to completing the proposed sale of its freight busin...

Anyang Iron & Steel earnings at 1.6 bln yuan in 2017

2018-03-16 09:10:00 Company,  Cost & Profit

Anyang Iron and Steel Co., Ltd gained 1.6 billion yuan ($253.2 million) of earnings last year, climbing nearly 13 times from a year e...

China's thermal power producers may embrace profit improvement

2018-03-16 08:26:00 Company,  Cost & Profit,  Thermal Power

China's thermal power producers are likely to embrace periodic bottoming-out of profitability in the short term, as prices of thermal...

Yancoal to produce 70 Mt of raw coal in 2018

2018-03-14 17:00:00 Company,  International

China's Yancoal Australia Ltd, the largest pure-coal producer in Australia, is expected to produce at least 70 million tonnes of raw ...

Indonesian steps up for Rio Tinto coal, bids ready

2018-03-14 10:41:00 Company,  International

Indonesian coal giant Adaro Energy is a latecomer to the auction for Rio Tinto's $2.5 billion-plus Queensland coal portfolio. ...

Teck confirms restart of coal dryer at Elkview Operations

2018-03-13 14:49:00 Company,  International

Teck Resources Ltd on March 9 confirmed the restart of the coal dryer at its Elkview Operations in British Columbia, Canada and provi...

Xinjiang Bayi Iron & Steel earnings soar over 31 times in 2017

2018-03-13 10:01:00 Company,  Cost & Profit

Xinjiang Bayi Iron and Steel Co., Ltd, a listed arm of Baoshan Iron and Steel Group, earned 1.17 billion yuan of net profit in 2017, ...

An overview of Shanxi coal miners' financial situation in Jan

2018-03-13 09:15:00 Company

The provincial government-administrated state-owned coal and steel firms in Shanxi realized total profit of 18.08 billion yuan ($2.85...

Rio Tinto's last two coal mines set to attract bids over $2.5 billion

2018-03-12 15:05:00 Company,  International

At least three bidders are expected to submit final offers for global miner Rio Tinto's Hail Creek and Kestrel coal mines in Australi...

CGN Power business income up 38.7pct in 2017

2018-03-12 11:13:00 Company,  Production & Sales,  Cost & Profit

CGN Power Co., Ltd., China's largest nuclear power producer, realized 45.6 billion yuan ($7 billion) of business income in 2017, up...

Teck Resources cuts sales volume forecast for steelmaking coal

2018-03-12 10:28:00 Company,  International

Canadian miner Teck Resources Ltd on March 9 cut its current-quarter forecast for steelmaking coal sales volumes. Teck s...

Adani rethinks Abbot Point options after debt refinancing stalls

2018-03-09 15:08:00 Company,  International

India's Adani Enterprises Ltd is looking at new options to refinance debt for its coal terminal in Australia after struggling to attr...

Hidili raw coal production up 71pct on yr

2018-03-09 10:10:00 Company,  Production & Sales

Hidili Industry International Development Limited produced 113,000 tonnes of raw coal in February, up by 71% year on year, showed d...

France's Engie exploring sale of German power plants

2018-03-08 11:50:00 Company,  International

French energy group Engie is considering selling its power plant assets in Germany in a deal that could fetch a few hundred million e...

Drummond hires Goldman to float possible Colombia sale to investors

2018-03-08 11:44:00 Company,  International

Alabama-based coal miner Drummond Co Inc has hired Goldman Sachs Group Inc to explore investor interest in the possible sale of at le...

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Editors Recommendations

1 Kazakhstan Jan coal output down 4.9% on yr 2018-03-16

Kazakhstan saw its coal production total 9.73 million tonnes in January, down 4.9% on the year and 7.7% on the month, showed data from the country's Committee of Statistics under the Ministry of Nat

2 The US Jan coal output down 7.7% on yr 2018-03-16

The US produced 63.11 million short tons (57.25 million tonnes) of coal in January, down 7.7% or 5.27 million short tons from a year ago yet up 0.95% from a month ago, showed data from Energy Inform

3 Global top 20 coal enterprises in 2017 2018-03-15

According to coal output in 2017, China Coal Economic Research Association listed out 20 largest companies in the world. Among the top 20 companies, 13 of them come from C

4 China Feb power coal price index up 3.29% on mth, NDRC 2018-03-15

China's monthly-issued price index of power generation coal rose to 567.21 yuan/t in February, up 18.09 yuan/t or 3.29% month on month and 44.72 yuan/t or 8.56% higher than the year before, showed

5 NDRC gives nod to 3 coal mine projects for capacity replacement 2018-03-15

The National Development and Reform Commission, China's top economic planner, has given green light to three coal mine projects in Xinjiang and Inner Mongolia, part of the capacity replacement drive t

6 What does Trump's 25% tariff mean to China's steel exports? 2018-03-14

On March 24, the US will impose 25% tariff on steel imports and 10% on aluminum, following President Donald Trump singed the order on March 9 (GMT +8). The tariff policy has put the globa

7 China's natural gas output and import continues to rise in Jan-Feb 2018-03-14

China's natural gas output totaled 26.19 billion cubic meters in the first two months this year, showed data from the National Bureau of Statistics on March 14. Compared with z

8 China's crude steel daily output averages 2.32 Mt in Jan-Feb, NBS 2018-03-14

China's daily output of crude steel averaged 2.32 million tonnes in the first two months this year, showed data from the National Bureau of Statistics. That added to a total output of 136

9 China's thermal coal prices falling at N. ports on weak demand 2018-03-13

China's thermal coal prices have been falling since the authorities set a price ceiling at northern ports on February 5, due mainly to a persistent slowdown in demand. On Mar

10 China coal industry de-capacity: from surplus capacity to backward capacity 2018-03-13

China will further phase out 150 million tonnes of coal production capacity in 2018 through market-oriented and law-based means, said Premier Li Keqiang in a government report on March 5.

Most Read News Stories

1 China to cut 30 Mtpa steel capacity, 150 Mtpa coal capacity in 2018 2018-03-05

China will cut ineffective steel capacity of 30 million tonnes per annum (Mtpa) and coal capacity of 150 Mtpa in 2018, according to a government work report available to media on March 5 morning.

2 China targets record coal output of 3.7 bln T in 2018 2018-03-08

China aims to produce 3.7 billion tonnes of coal in 2018, an all-time high and up 7.3% from the previous year, the National Energy Administration (NEA) said on March 7. The NEA also said

3 China sets ceiling on energy consumption in 2018, NEA 2018-03-09

China plans to control its energy consumption at 4.55 billion tonnes of standard coal in 2018, said the National Energy Administration on March 7 in a guideline. The guideline noted the p

4 Global top 10 coal producers, importers and exporters in 2017 2018-03-07

According to data from statistics institutes, customs and coal industry departments across the world, the world top 10 coal producers, importers and exporters are listed as follows:

5 China Shenhua and GD Power to forge JV 2018-03-05

China Shenhua Energy Co., Ltd, 73.06% held by China Energy Investment Corp (CHNENERGY), announced on March 1 to fund a joint venture with GD Power Development Co., Ltd, a listed subsidiary of the prev

6 Ling Wen: Coal is a good thing 2018-03-06

"Coal is a good thing and of course can be used in a clean way," said Ling Wen, president of China Energy Investment Corp and also a member of the CPPCC, on the eve of the country's annual politica

7 US Jan coal exports down 7.6pct MoM 2018-03-09

US coal exports totaled 7.96 million million tonnes in January, down 7.6% from December, but up 18.8% from the year-ago month, US Census data showed March 7. The month-on-month drop in exports ca

8 IMF warns that steel, aluminum tariffs will likely hurt economies 2018-03-05

The International Monetary Fund (IMF) warned on March 2 that U.S. import tariffs on steel and aluminum would likely cause economic damage to the United States and its trading partners, and urged count

9 Weekly China coal market news summary (Mar 5-Mar 9) 2018-03-09

China Feb coal exports surge 66.55pct MoM China's coal exports in February stood at 468,000 tonnes, soaring 66.55% on the month, showed data released by the General Administration of Customs on

10 Adani rethinks Abbot Point options after debt refinancing stalls 2018-03-09

India's Adani Enterprises Ltd is looking at new options to refinance debt for its coal terminal in Australia after struggling to attract lenders wary of its controversial Carmichael mine project, Thom

Most Read Analysis & Comments

1 Import thermal coal market changes lag behind Chinese market 2018-02-28

Price changes in seaborne import thermal coal market lagged behind China's domestic market, reflected in the recent weakening of Australian coal as China's domestic prices have already been on the dec

2 China import thermal coal prices further dip on shrinking demand 2018-03-05

Offer prices for Indonesian and Australian coal for exports to China further weakened to track a fast downtrend in China, sources said. Panamax cargoes of Indonesian 3,800 Kcal/kg NAR wer

3 China speeds steel cuts as pressures rise – analysis 2018-02-27

China has announced plans to meet targets for downsizing its steel industry two years ahead of schedule in an apparent signal that there will be no more cuts in production capacity after 2018.

4 China imposes 'special' air pollutant emission curbs on industries 2018-03-02

From March 1, China began imposing the "special air pollutant emission restrictions" on major industrial sectors in 28 northern cities, said the environmental ministry in a notice, as an effort to ful

5 China says to build 200-mln-cu.m natural gas peak regulation mechanism 2018-03-08

China is set to build natural gas pipelines and storages with a total capacity 200 million cubic meters, in order to deal with emergency supply shortage like what happened in the past winter, said t

6 China's solar PV capacity is glutted or just "crying wolf"? 2018-03-07

China added 53 GW of solar PV capacity last year, hitting a new high of expansion in the sector. The expansion spree inevitably makes people wonder whether the country will be stuck in the overcapa

7 China coking coal market runs steadily; truck freight slumps 2018-03-05

China's coking coal market ran steadily after the Spring Festival holidays; most coke firms were not urgent to replenish stocks while just purchasing on demand, resulting in stocks pressure at some co

8 Production resumption leading to easy coking coal restocking for coke plants 2018-03-06

China's coking coal miners have been gradually getting back to normal production, making it easy for coke plants to replenish stocks. China's coking coal market, especially in Shanx

9 China methanol market generally muted after seven-day break 2018-02-26

China's methanol market was generally muted after the seven-day Spring Festival break ending February 21 under high stocks and stagnant demand. Stocks of methanol in production bases ramp

10 China coal industry de-capacity: from surplus capacity to backward capacity 2018-03-13

China will further phase out 150 million tonnes of coal production capacity in 2018 through market-oriented and law-based means, said Premier Li Keqiang in a government report on March 5.