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China Coal Exports Down Reaching Lowest Number In September, 2.9 Percent YoY
Statistical reports, China coal exports down reaching the lowest number this year. The number of coal exports in September 2.02 million tons, compared to last year China’s coal exports could reach 2.08 million tons in September last year. Export monthly average fell more than 50% in the first eight months.
India Mining Industry Will Reach a Total Value of US$45.40Bn
India is home to a myriad of metals and minerals. Globally, the country is the largest producer of sheet mica, the third largest producer of coal, the fourth largest producer of iron ore and the fifth largest producer of bauxite. Besides these natural resources, India also hosts significant reserves of copper, zinc,
gold and about 26 [...]
Coal India Proposes An Increase In Coal Prices
Coal India Ltd. (CIL), is a holding company under the coal ministry that contributes 85% of coal production in India and are free to fix the selling price of fuel, but only after prior approval from the government. The price of coal were last revised in December 2007 and the latest revision is expected [...]
Low spot iron ore and coking coal prices should benefit NMDC and JSW Steel
Historically, the commodity cycle follows the economic cycle and this time is no different. The liquidity crisis and its cascading effect on real economies across the world have pulled down prices of commodities, including iron ore and coking coal.
Coal Mine Exploration Reported : Sultan Mining Coal Production Up by 120%
Sultan Mining & Energy Development Corp., a Filipino-owned company, yesterday reported a 120 percent increase in coal production volume of its Surigao mine to 22,000 metric tons in April.
“For April alone, the production volume of 22,000 MT was a 120 percent increase from the previous month. It was also greater than the first quarter’s production [...]
Uranium Funds Points to Near-Term U3O8 Price Decline
Nuclear Market Review [NMR] editor Treva Klingbiel reported in this week’s issue, “Two sellers that were evaluating bids in response to their auctions have concluded their evaluations and have decided not to sell at this time.” She added, “Both sellers preferred to make delivery in June while most bidders were seeking delivery for several months [...]
Texans debate air quality amid coal expansion
Texans may consume more electricity than other Americans, but they’re suddenly debating the wisdom of doubling the number of coal-fired power plants in the state — plants critics say will worsen air quality and increase health risks.
The threat of more smog-forming emissions from 12,000 new megawatts of coal-fired generation on the books for Texas has [...]
