allows coal mines to increase capacity amid price rally
China will allow some coal mines to
increase capacity, the National Development and Reform Commission (NDRC) said
on June 16, as
India's 12 major government-owned ports imported 25.46 million tonnes of coal in the first two months of current 2017-18 fiscal year (April, 2017 – March, 2018), decreasing 4.26% from a year earlier,
Thermal coal prices bounced back in many areas of Shaanxi, as demand improved while supply tightened after production in Inner Mongolia dropped amid environmental check.
Coal miners in Yu
As of 14:52 June 21, China's trial mining of combustible ice in the Shenhu South China Sea, about 320 kilometers southeast of Zhuhai Guangdong, hit a new high production of over 235,000 cubic meters w
Prices of thermal coal further went up at southern China ports, mainly attributed to increased demand and rising prices at northern ports.
Thermal coal prices rose 10-25 yuan/t at local m
China's biggest power conglomerate State Grid Corporation acquired 24% of stake in Greece's State Grid Company with 320 million euros ($357.3 million) on June 21, state media reported.
Northeastern China's Liaoning province plans to kick out 9.05 million tonnes of coal production capacity in the first batch this year, showed a shutdown list released by the provincial government rece
China's resilient thermal coal market, though cheerful, may not be sustainable over the months ahead as demand from utilities may face uncertainties while supply may also increase following recent pri
Northwestern China's coal-rich Shaanxi province completed its first ultra-high voltage (UHV) transmission project in June that would help delivering electricity to eastern provinces, China Electric Po
China Coal Energy Co., Ltd, the listed arm of China National Coal Group, produced 6.76 million tonnes of commercial coal in May, increasing 2.9% year on year and 13.2% from the month before, the compa
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The most actively traded September 2017 coke
futures on the Dalian Commodities Exchange surged 4.8% or 70 yuan/t on day
to 1,518 yuan/t by close of trade on June 14, pushing through the 1,500 yuan/
China's Yancoal has gained Chinese regulatory approval for its $2.45 billion purchase of Rio Tinto's Australian unit Coal & Allied Industries Limited, the company said in a stock exchange filing o
Turkey imported 1.34 million tonnes of bituminous thermal coal in April, dropped 35.9% year on year and 56.4% month on month, the lowest monthly volume since April 2014, showed data from the Turkish s
Japan's biggest steelmaker, Nippon Steel & Sumitomo Metal Corp, has ended quarterly negotiations with Australian suppliers over coking coal prices for April to June and will set quarterly prices b
China's rebar steel futures edged lower on June 13 after a four-day climb amid concern that a slowing property market may dent steel demand in the world's top consumer, Reuters reported.
Colombia exported 7.67 million tonnes of thermal coal in May, rising 4% year on year and 14% from April's three-month low, Platts reported on June 12, citing the data from Colombian shipping agent Dee
Japanese trading houses including top-ranked Mitsubishi
Corp are offloading thermal coal assets on growing concerns about the fuel's
environmental impact, in a move also reflecting a shift in their
State-owned Coal India (CIL) will continue to offer domestic coal to non-power sectors instead of 50% of the import component this fiscal, the Times of India reported on June 15.
Eastern China's Jiangsu province produced 5.2 million tonnes of raw coal in the first five months this year, falling 14.43% year on year, showed data from the provincial Economic and Information Techn
Miner trader Glencore said it had offered $2.55 billion cash for coal mines owned by Rio Tinto in Hunter Valley, Australia, outbidding a previous offer from Chinese-owned Yancoal, Reuters reported on