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Coal Shipment From Newcastle Port Decline, Coal Mine Exports Fall 25%
Coal shipments from Australia’s Newcastle, the world’s biggest export harbor for the fuel, fell 25 percent last week while the number of vessels waiting outside the port also declined.
Analysist Mining and Industry Sector : China’s Industry Sector Reopen Coal Mine Import After Deal Coal Prices Contract
A months-long dispute between Chinese coal miners and power generators over annual prices has unexpectedly opened the door to rising imports, despite lacklustre demand and a supply glut.
Coal Mining Exploration Forecast Probably not so hot anymore
The recent drop in the market price of coal from its record levels earlier this year will adversely impact earnings of Indonesian coal producers. Based on this factor, going forward, we expect weaker coal prices in line with the downtrend in oil prices, while higher supplies are expected on China’s higher exports as domestic consumption [...]
Mining Company, Xstrata To Accept a Cut in Prices Coal Mine Contract in Japanese Utilities
Xstrata Plc, the world’s biggest exporter of power-station coal, has been forced to accept a cut in prices for annual calendar-year contracts for the fuel with Japanese utilities, Citigroup Inc. and Merrill Lynch & Co. said.
Production and Export of Coal Mine Expected to Increase at Newcastle Port Next Year
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, snapped a four- week losing streak, gaining amid forecasts for demand to continue to rise next year.
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 [...]
