10 Chinese coal producers have joined a UN program to promote the development and deployment of clean coal technologies. The move aims to reduce emissions and environmental pollution. But some analysts believe it will take a while for China to reduce its reliance on coal.
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Transnet Ltd., which operates South Africa’s rail infrastructure, plans to invest 40 billion rand ($4 billion) in its coal network during the next decade. Read More…
China, facing a possible oversupply of electricity as economic growth slows, may continue to scale back investment in coal-fired power plants while boosting spending in atomic reactors and wind farms to reduce carbon emissions. Read More…
The operator of one of Australia’s biggest coal terminals says it is expecting the low number of ships using its facility to continue in the short-term.
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Coal exports from Mozambique were all set for kick-off in 2010, the Cape Town coal conference heard on Thursday. Read More…
Business Standard newsonline, reported that with the closed steel mills in China resuming operations gradually, Indian exporters are hoping iron ore shipment to rise at least by 5.5% to match the last year’s level. Read More…
A $22,000 civil penalty against Decker Coal Co. is part of an agreement settling a Montana Department of Environmental Quality complaint against the company.
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Arch Coal Inc., one of the world’s biggest coal producers, reports earnings for the fourth quarter and full-year 2008 before the market opens Friday. The following is a summary of key developments and analyst opinion related to the period. Read More…
Cliffs Natural Resources Inc. says production will be halted for 27 days at the Pinnacle Mine Complex near Pineville, W.Va., affecting about 360 workers.
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Bloomberg quoted Raymond James & Associates Inc said Rio Tinto Group’s decision to slash coking coal prices for India’s JSW Steel Ltd. before contract expiration may signal Brazilian steelmakers will get similar reductions from suppliers. Read More…
