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Coking Coal Export To China Increased, Coking Coal Prices $160-170 Per Tonne
Driven by surge in imports of coking coal by China, growth in Japanese steel output and signs of recovery in the Indian economy, spot prices of the raw material are expected to firm up in the international market.
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.
Estimate Price Of Iron Ore Sales Contract Change
The biggest exploration company and iron ore producer of world does many changes at the price of iron sale. Iron ore producer company gets pressure from some steelmaker companies. Steelmaker company expects iron ore retreat.
Thermal Coal Reserves Producer, Phoenix Coal Inc. Announces Financial Result 2008 year
Phoenix Coal Inc a leading producer and consolidator of thermal coal reserves in the Illinois Basin announced its financial results for the fourth quarter and year ended December 31st 2008. Unless otherwise noted, all reserves and resources are expressed in imperial tons, and all financial information is expressed in U.S. dollars.
Petrochemicals Company Sasol Require Coal Reserves at Mpumalanga Coal Mine
Mr Benny Mokaba executive director responsible for the energy businesses in South Africa as saying that Petrochemicals Company Sasol was comfortable that it would have the required coal reserves for the various phases of its Secunda Growth Program.
China Plans Controlled Australian Mining Asset Make To Bid Australian Mining Industry
Canberra talks tough when companies controlled by the Communist Party of China bid for slices of Australia’s mining industry.
Mining Exploration Reported Increase 2008 in Prince George
While the market for metals and ores is down, that didn’t stop mining exploration in the province last year. Mineral exploration activity in the province reached $367 million in 2008, with 98 projects spending in excess of $1 million.
Oil and Gas Exploration Project Fall in Prices
From the plains of North Dakota to the deep waters of Brazil, dozens of major oil and gas projects have been suspended or canceled in recent weeks as companies scramble to adjust to the collapse in energy markets.
World Mining Companies Worries Development Of Global Recession
Investors hammered mining and energy stocks on renewed fears a global recession would further slash demand for commodities and after BHP warned Chinese demand was set to weaken.
Slumping metals and oil prices dragged resource shares lower on Wednesday, while miner Rio Tinto Plc dismissed talk it planned to launch talks with suitor BHP Billiton Plc [...]
