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China Set Up Coal and Coking Coal Futures in Shanxi Coal Mine
China should set up a coal and coking coal futures exchange in Taiyuan, capital city of the coal-rich Shanxi Province, as soon as possible, a lawmaker said Friday.
Launching coal and coking coal futures would allow investors to use arbitrage to preserve value of coal and coke in the production, transportation, and sales process, and would [...]
BHP Billiton and JFE Steel Agreement Affect Coking Coal and Iron Ore Prices increases 55 percent
BHP Billiton and JFE Steel have agreed on an annual coking coal prices and iron ore prices, thus affecting coking coal prices reach 55%. Agreements have been made by BHP Billiton and JFE Steel are valid for fifteen months, starting in April and June. Agreements made by the largest mining producers and the largest steel [...]
BHP Billiton Reached Agreement Coking Coal Sales with Europe and Asia Costumer
Coking coal mining company BHP Billiton has reached a deal volume of hard coking coal sales to customers in Europe and Asia for the year 2010. Asian countries agree on the purchase of coking coal from BHP Billiton, among others, China, India and Japan. All three countries are the largest steel producers in Asia and [...]
Australian Iron Ore Sales Expected to Increase 21 Percent
Australia, the world’s largest iron ore exporter, is forecast to boost sales 21 percent next fiscal year as prices gain.
Exports may be A$35 billion ($31 billion) in the 12 months ending June 30, 2011, from A$29 billion this year, the Canberra- based Australian Bureau of Agricultural and Resource Economics said today in a report. Total [...]
Nomura Holdings Inc Research : Iron Ore Contract Prices and Coking Coal has doubled in 2010
Nomura Holdings Inc. reported the results of research on changes in iron ore contract prices in 2010. Nomura Holdings estimated contract iron ore prices in 2010 will increase by 70%. While banking institutions estimate the iron ore price will rise 40% – 50%.
Coal Production Costs James River Coal 4Q Decline
Coal miner James River Coal Co. reported a loss of this coal mining company in the fourth quarter narrowed, but the resulting coal production decreased.
James River Coal said it lost $ 3.2 million, or 12 cents per share, compared with a loss of $ 33.6 million, or $ 1.26 per share, in the quarter a [...]
Coal Prices Hits, Gloucester Coal Reported Net Income Decline 59 percent
Takeover target Gloucester Coal has posted a sharp fall in first-half profit, mainly because of a fall in the coal prices, and will not pay an interim dividend.
However, it says volumes and margins remain healthy and new markets are being identified to diversify sales.
Gloucester reported yesterday a 59 per cent drop in net profit to [...]
China Steelmakers Companies to Buy Coking Coal From CONSOL Energy
Coking coal producers United States, CONSOL Energy has sent a coking coal to China. Source of coking coal is shipped to China from Bailey coal mines in Blacksville Northern Appalachia. Coal sales to China was represented by Xcoal mining companies.
Report Mining Production and Sales Price of Mining Group Xstrata Plc
One of the largest mining company in the world, Xstrata reported a variety of mining production is managed by the company and the price of each ingredient mines during the year 2008-2009. Reported mine production comes from the various mining exploration undertaken by the company.
