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China Coal Mine Trade and Demand
THE world’s busiest coal port used to be Newcastle, England and then Newcastle, Australia. Now it is Qinhuangdao, 300 kilometres east of Beijing on the Bohai Sea.
The amount of coal shipped out of the Bohai Sea each week is almost equal to the rest of the world’s seaborne coal trade. Most of those ships feed [...]
Coal Mine Trade and Market, buyers wait and sellers panic
The world’s busiest coal port used to be Newcastle, England, and then it was Newcastle, Australia. Now it’s Qinhuangdao, 300 kilometres east of Beijing on the Bohai Sea.
The amount of coal shipped each week out of the Bohai Sea is almost equal to the rest of the world’s seaborne coal trade. Most of those ships [...]
Australian state’s mining industry `Extremely Concerned’ Over Coal Levies
New South Wales Minerals Council, representing the Australian state’s mining industry, said it is `extremely concerned” the government is still considering higher coal levies that will heighten risk and deter investment.
China Approve Coal Mine Export Quota of 15.9 Million
China Coal Mining Exploration Company, Shenhua Group said, China approved coal mine export quota totaling 15.9 million metric tons for November and December.
Shenhua can export 6.55 million tons in the so-called second batch of authorized coal shipments for 2008, the Beijing-based official in charge of overseas sales, who declined to be named because of internal [...]
Power-Station Coal Prices At The New South Wales Port Dropp
The weekly index for power-station coal prices at the New South Wales port dropped $8.32, or 6.1 percent, to $128.98 a metric ton in the week ended Sept. 26, according to the globalCOAL NEWC Index. The index has declined 34 percent since reaching a record $194.79 a ton in the week ended July 4.
Coal demand [...]
Delivery Of Coal-Mine From Port Of Newcastle Surged 25%
Newcastle Port Corp website showed, the world’s largest coal export terminal, surged to 2.02 million tonnes in the week to September 22, from 1.6 million tonnes for the week to September 8.
Coal exports from Australia’s Newcastle port surged 25 per cent from the previous week, port data showed, a sign of robust regional demand despite [...]
Coal Mine Export From Newcastle Port Jump 1.98 million tons
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, were little changed last week as supply constraints at a storm-affected port in Vietnam offset declines in the price of oil.
The weekly index for power-station coal prices at the New South Wales state port fell 26 cents, or 0.2 percent, to $161.89 a metric [...]
Rio Tinto Increases Result Of Mining Exploration To Fulfill Request Coal Mine
Rio Tinto cancels offer of $142 billion from BHP Billiton, because this mine company will do improvement of activity of coal mine exploration by 2015. The mine company, rio tinto tells improvement of coal mine exploration, caused existence of request increase of coal mine in market result of mining exploration. Cancellation of offer from BHP [...]
Coal Mine Shipment in Newcastle Coal Port Loading Halted
As continuation of protest to delivery result of coal mine exploration through coal mine Newcastle port, today delivery process of coal mine halted for the time being, finite existence of agreement. Retirement process of delivery of coal mine started by 6:00 am. and about 8:30 am. local time, that way in reporting bloomberg.com.
Coal ship loading [...]
