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Rio Tinto announces $3.2 bln share buyback program

2018-09-20 09:03:00 Company,  International reuters.com

Global miner Rio Tinto said on September 20 it will return $3.2 billion to shareholders following the recent sale of some Australian ...

China Shenhua Aug commercial coal output up 9.5% YoY

2018-09-19 09:25:00 Company,  Production & Sales sxcoal.com

China Shenhua Energy Co., Ltd, a listed arm of China Energy Investment Corporation, produced 25.4 million tonnes of commercial coal...

Australian miner New Hope says coal prices to push higher

2018-09-18 17:48:00 Company,  Price,  International reuters.com

Australian miner New Hope Corp on September 18 said thermal coal prices would push higher in coming months, extending a rise that hel...

China Coal Energy Aug PE output inches up but sales down

2018-09-18 14:25:00 Company,  Production & Sales,  MTO sxcoal.com

China Coal Energy Co., Ltd., one listed arm of China National Coal Group, produced 67,000 tonnes of polyethylene (PE) in August, up 6...

China Coal Energy Aug coal output edges up on yr to 6.54 Mt

2018-09-18 14:05:00 Company,  Production & Sales sxcoal.com

China Coal Energy Co., Ltd., one listed subsidiary of China National Coal Group, produced 6.54 million tonnes of coal in August, edg...

Germany's RWE says too early to exit coal in 2035

2018-09-17 09:23:00 Company,  Environmental Protection,  International reuters.com

German utility RWE, its works council and trade unions say they oppose plans to end coal-fired power generation in Germany around 203...

South32 assumes operatorship of Eagle Downs

2018-09-14 17:57:00 Company,  International miningweekly.com

Diversified mining group South32 has assumed operatorship of the Eagle Downs metallurgical coal project, following the completion of ...

Coal India to close unsafe or underground coal mines

2018-09-14 09:15:00 Company,  International mining-technology.com

Indian state-owned mining company Coal India plans to close 53 of its 174 underground coal mines by the end of the year as many of it...

Shanxi Coking warns of $146 mln revenue hit from output curbs

2018-09-14 08:42:00 Company,  Cost & Profit reuters.com

Shanxi Coking Co Ltd, a leading coke producer in China, warned of a 1 billion yuan ($146 million) hit to revenue because of governmen...

Glencore-led Australian coal port wins court nod on $3.2 bln debt refinancing

2018-09-13 09:58:00 Company,  International reuters.com

Australia's Wiggins Island Coal Export Terminal (WICET) obtained court approval on Tuesday for a $3.2 billion debt refinancing plan, ...

DCP Capital invests $120m in Sunpower Group

2018-09-13 08:34:00 Company,  Others chinadaily.com.cn

DCP Capital, a private equity firm focusing on China, on September 11 announced investment of $120 million through two rounds of c...

Exxaro, Seriti said to mull bids for South32 coal assets

2018-09-12 17:39:00 Company,  International bloomberg.com

Exxaro Resources and Seriti Resources are among groups considering bidding for South32's South African thermal coal operations, which...

China's Jizhong Energy raises coking coal prices

2018-09-12 16:52:00 Company,  Price,  Coking Coal sxcoal.com

Jizhong Energy Group Co., Ltd., one diversified state-owned coal giant based in northern China's Hebei province, started to raise pri...

Sinosteel planning African growth

2018-09-07 10:27:00 Company,  International chinadaily.com.cn

Beijing-based Sinosteel Group Corp Ltd said it will bring more advanced metallurgical technologies to the African continent, speedi...

Coal India supplied 12% more coal than last year to the power sector

2018-09-05 15:06:00 Company,  International economictimes.com

Coal India supplied 12% additional coal to the power sector during April-August this year compared to the previous corresponding peri...

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Editors Recommendations

1 China Coal Daily Track (Sep 21) 2018-09-21

Thermal coal Domestic market Prices of thermal coal were temporarily stable in Yulin city of Shaanxi province amid environmental checks; priced edged up in Shenmu and Fugu areas of t

2 Indonesian coal prices hold steady; trades tepid 2018-09-21

Indonesian thermal coal market held steady temporarily, after a small rise early this week due possibly to shipment restriction at Qinhuangdao port, the largest coal hub in northern China for shipment

3 Thermal coal prices diverge at N China ports 2018-09-21

Spot prices of thermal coal diverged at northern China ports, with a downturn occurring at Qinhuangdao compared to pickups at other transfer centers, sources said. Shipment restrictions a

4 Shipment curb at QHD port causes uproar in Chinese domestic coal market 2018-09-21

Shipment restriction at China's largest coal transferring port Qinhuangdao has made a great uproar in the coal market, and will continue to impact the market trend for quite a long time.

5 China Coal Daily Track (Sep 20) 2018-09-20

Thermal coal Domestic market Thermal coal prices were generally stable in northern China's Shanxi province, except a 10 yuan/t rise at several mines. Most producers basically held no s

6 Chinese coal mines' cost curve and profitability analysis in Aug 2018-09-20

Profitability of Chinese coal mines strengthened in August from a month ago, showed monitoring data from industry portal sxcoal.com on four major thermal coal fields and six leading coking coal fields

7 Tangshan to impose differentiated production curbs on steel mills in winter heating season 2018-09-20

Tangshan, China's largest steel hub based in Hebei province, will impose differentiated production restrictions on steel mills from October 1 to the end of March next year, the city government announc

8 China may not lift restriction on import coal in short run, traders 2018-09-20

China may not relax its import coal restriction in the near future, traders said, regarding recent market talks that China will add import quotas to southern and eastern ports. Market tal

9 Coal vessels need up to 20 days to get loaded at Qinhuangdao 2018-09-20

It takes as long as 20 days for vessels to load thermal coal at Qinhuangdao, one top transfer port of the fossil fuel in northern China's Hebei province, as authorities strengthened control over outfl

10 China's top 3 provinces contribute 68.4% of raw coal output in Jan-Aug 2018-09-20

Northern China's Inner Mongolia, Shanxi and Shaanxi produced 68.42% of the country's total raw coal in January-August, up from 68.07% in January-June and 68.15% in January-July, showed data from the N

Most Read News Stories

1 Glencore returns to Japan coal talks scuppered by high prices 2018-09-17

Mining giant Glencore Plc and Japanese utilities have resumed thermal coal supply negotiations, restarting talks that fell apart earlier this year as prices hovered near a six-year high.

2 Germany's RWE says too early to exit coal in 2035 2018-09-17

German utility RWE, its works council and trade unions say they oppose plans to end coal-fired power generation in Germany around 2035, raising questions over a possible compromise between a governmen

3 Coal exports in Indonesia hobbled with miners facing constraints 2018-09-20

Coal exports from Indonesia will be restrained this year, which could frustrate a plan by the government to ease a burgeoning trade deficit while keeping prices elevated, according to an industry grou

4 Tangshan to impose differentiated production curbs on steel mills in winter heating season 2018-09-20

Tangshan, China's largest steel hub based in Hebei province, will impose differentiated production restrictions on steel mills from October 1 to the end of March next year, the city government announc

5 Henan Jan-Aug raw coal output up 2.72% on yr 2018-09-17

Central China's Henan province produced 72.3 million tonnes of raw coal over January-August this year, rising 2.72% year on year, showed data from Henan Administration of Coal Mine Safety released on

6 Global seaborne coal trade grows 4% in Jan-Aug 2018-09-18

Global coal shipments grew by 3.8% – or by 30.6 million tonnes – during the first eight months of the year to 835.5 million tonnes, shipbroker Arrow said on September 14, citing vessel tracking data.

7 Five S China provinces Jan-Aug power consumption up 10.2% on yr 2018-09-18

Power usage of the five provinces in South China – Guangdong, Guangxi, Yunnan, Guizhou and Hainan – reached 759.5 TWh in the first eight months of 2018, climbing 10.2% from the year-ago level, said Ch

8 China's top 3 provinces contribute 68.4% of raw coal output in Jan-Aug 2018-09-20

Northern China's Inner Mongolia, Shanxi and Shaanxi produced 68.42% of the country's total raw coal in January-August, up from 68.07% in January-June and 68.15% in January-July, showed data from the N

9 Japan's Marubeni to halve coal-fired power capacity by 2030 2018-09-18

Japanese trading house Marubeni Corp said on September 18 it would halve its net coal-fired power generating capacity of about 3 gigawatts in the current business year by 2030 to reduce its greenhouse

10 China coastal coal freights ascending as shipping demand up 2018-09-20

China coastal coal freight rates continued to ascend on a combination of increased shipping demand and congestions at Qinhuangdao port after outbound shipment was curbed for better air quality.

Most Read Analysis & Comments

1 High cost props up coal prices at N Chinese ports 2018-09-11

Chinese thermal coal market gained strength at the beginning of this week from stiff prices at production areas, which, plus transport fees, pushed coal prices up at northern ports. The m

2 More Mongolian coking coals flow into China, helping ease supply tightness 2018-09-12

Tightness of coking coal supply in China, caused mainly by strengthened environment-related production restrictions, is expected to get eased moderately with increased arrivals of Mongolian coal follo

3 China import thermal coal prices steadily rise to track domestic upturn 2018-09-10

Prices of import thermal coal offered to Chinese buyers continued to inch up late last week, aligning with recent upturns in China's domestic market. The uptick seen in Indonesian coal wa

4 China import thermal coal market still lacks upbeat momentum 2018-09-11

Not many deals were concluded for import thermal coal at the beginning of this week, said market sources in China, on a lack of support from the demand side. "Recent import market just sh

5 Chinese thermal coal stays range-bound; demand bounces back 2018-09-10

Chinese spot thermal coal market has moved in a narrowed range for nearly two weeks, with both sellers and buyers keeping the price wrestling but failing to tip the balance. By September

6 China's coal imports likely to hit 4-yr high at around 300 Mt in 2018 2018-09-12

China's coal import volume is very likely to reach a four-year high of 300 million tonnes or so this year, market observers have anticipated. The latest customs data that showed China imp

7 Rising demand paints a rosy picture for China's thermal coal market 2018-09-11

Coal miners in main-producing areas of China are optimistic about thermal coal market in the future, as demand continues to increase. Currently, lump coal prices kept climbing up in Ordos

8 QHD coal stocks rise amid restrictions on outbound shipment 2018-09-18

Coal stocks at China's leading transfer port of Qinhuangdao edged higher, as outbound shipment has been limited by local government authorities for environmental purpose, traders said. Da

9 Weekly China met. coke market analysis and forecast 2018-09-11

The sixth price hike of 100 yuan/t proposed by leading coke producers in Hebei, Shanxi and Shandong has been accepted by many steel mills in Hebei and Shandong, taking the total increase to 600-650

10 China thermal coal prices tick up; bumpy trend to continue 2018-09-12

China's thermal coal prices picked up from previous falls, but the whole market was still clouded with mixed sentiments, indicating a fluctuating trend in the future. In general, co