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Mongolia Coal Exports Cool as China Border Issue Creates Bottleneck
October 17, 2017
Mongolia’s coal exports, which have helped lift its slow-growing economy this year, are losing steam, according to trade data. In the first nine months of the year, exports earned $1.73 billion, or more than double the same period of 2016,
Chinese Utilities Urged to Secure Coal Supplies to Meet Winter Peak Demand
October 17, 2017
China’s state planner encouraged utilities to sign long-term purchase contracts with coal producers for next year as early as they can to secure enough supplies for this winter as coal power plants ramp up inventory for peak demand season. The
India’s Power Companies Seek to Import Coal to Tide Over Supply Crisis
October 17, 2017
Some state-owned power producers, who had stopped imports, are now looking at importing coal at a time when the Center’s focus is on reducing imports and eventually bringing it down to zero. They have been forced to take this move
Britain’s Remaining Coal-fired Plants Could Go Back Online to Lower Consumer Costs
October 17, 2017
Britain’s remaining coal-fired power plants could enjoy an 11th-hour revival in the early 2020s despite the Government’s drive to cut carbon emissions, if ministers choose not to risk raising household energy prices. Fresh research has revealed a change of fortunes
Teck Resources Lowers Steelmaking Coal Price Guidance
October 17, 2017
Teck Resources says it expects to realize an average price for its steelmaking coal about 15 per cent lower than the quarterly benchmark price. The company said Thursday it expects to get between US$160 and US$165 per tonne for its
Queensland Releases Onshore Exploration Acreages for Gas, Minerals and Coal
October 16, 2017
The Queensland government has released the 2017-18 annual exploration programs comprising more than 19,000km2 for gas, minerals and coal exploration. Queensland Natural Resources and Mines Minister Dr. Anthony Lynham said that the government will offer the areas for exploration for
Adani Ready to Break Ground on Rail Link for Its $16.5 Billion Carmichael Coal Mine, Australia
October 16, 2017
Indian mining giant Adani said Friday that it is ready to start work on a 388km rail link of its proposed $16.5 billion Carmichael coal mine project in Australia. Adani Australia CEO Jeyakumar Janakaraj said the project was advancing on
Rio Tinto Committs Another $2.5 Billion Share Buy-back for Coal & Allied Industries
October 13, 2017
Rio Tinto has committed an additional $2.5 billion to its ongoing share buy-back program, returning the proceeds of the sale of Coal & Allied to its shareholders. The capital return program will be executed through a combination of an off-market
Adani Moves Forward with Carmichael Coal Mine Amid Protests, Australia
October 10, 2017
Indian mining giant Adani has suffered huge setbacks in the form of country-wide protests in Australia against its massive coal mine and railway project in Queensland. The $16.5 billion project had hit roadblocks due to difficulties in securing green clearances
World Coal Association: Don’t Write Off Coal Amid India’s Solar Boom
October 6, 2017
This year has seen a raft of news stories about tremendous growth and cost reductions for solar power in India. This is a good thing. In a country where more than 300m people lack even the most basic access to
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