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Thursday, July 3rd, 2008
Bloomberg online news reported today, growth of chartered investment Australia to experience increase of this year. Factor assisting growth of this state is existence of export mine exploration result activity, especially at delivery of mining products, iron ore mine and coal mine.
Exports climbed 1 percent to A$21.9 billion ($21.1 billion) in May, the statistics bureau […]
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Monday, June 30th, 2008
Increasing demand of coal mine supply in Asia makes the coal price to experience increase. this demand caused height of oil price. this condition makes several state to transfer source of energy from oil to usage of coal mine as component of burning to support industrial process.
Demand increase effect of result of coal mine exploration […]
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Monday, March 10th, 2008
Two of the world’s largest coal producing nations - Australia and China - signed a formal agreement for research and testing of clean coal technology Thursday in Beijing.
The agreement, between the Australian government research organization CSIRO and China’s Thermal Power Research Institute, TPRI, will see TPRI install, commission and operate a post-combustion capture pilot plant […]
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Saturday, July 21st, 2007
Japanese utilities are turning to Chinese miners for additional thermal coal supplies after Tokyo Electric Power Co. 9501.T (TEPCO) sought help from six utilities to help fill an anticipated shortage from the shutdown of its quake-hit nuclear plant, industry sources said on Friday.
They said Japanese utilities such as Chubu Electric 9502.T and Tohuku Electric […]
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Thursday, July 12th, 2007
Indonesian coal producer PT Bumi Resources Tbk’s coal sales rose 23 percent in January-June and it is on track to meet this year’s sales target despite heavy rains in its mining areas, a company official said on Wednesday.
Bumi , the largest coal producer in Southeast Asia’s biggest economy, sold 28.4 million tonnes of coal in […]
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Thursday, July 12th, 2007
Australian coal-mining companies may lose more than 350 million Australian dollars, or $301 million, this year because bottlenecks and storms are delaying ships outside Newcastle, the world’s largest port for coal exports.
Xstrata, the world’s biggest thermal coal exporter, estimates that miners in New South Wales’s Hunter Valley are paying about 1 million dollars a day […]
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Thursday, June 28th, 2007
Tata Power Company Ltd on Wednesday announced the completion of its acquisition of 30 per cent equity stakes in Indonesian thermal coal producers - PT Kaltim Prima Coal (KPC) and PT Arutmin Indonesia and related coal trading companies owned by PT Bumi Resources Tbk.
The agreement to purchase the $1.1 billion equity stake was signed on […]
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Monday, June 4th, 2007
Indonesian coal miner PT Bumi Resources Tbk plans to boost production by more than half over the next four years, reaching 100 million tonnes by the end of the decade, a company official said on Monday.
“We plan to produce 60 million tonnes this year and aim to produce 100 million tonnes by 2010,” Bumi’s senior […]
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Wednesday, April 25th, 2007
BHP Billiton Ltd., the world’s biggest mining company, said third-quarter copper, iron ore and nickel output rose, taking it toward record annual production of its biggest mineral products.
Copper output climbed 22 percent to 357,600 tons in the three months ended March 31, from 293,600 tons a year earlier, Melbourne-based BHP said today in a statement. […]
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Thursday, April 19th, 2007
ANALYSTS are predicting a rebound for coking coal prices as China becomes a net importer of coal for the first time in its history.
Recent data shows the resource-hungry nation imported 14.3 million tonnes of coal in the first quarter of 2007, a 60.4 per cent rise over the three months ending March 31, 2006.
That compares […]
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