Search Results
Rio Tinto Group Estimates Iron Ore Production Rose 7.5 Percent
Largest mining company Rio Tinto would predict an increase in iron ore demand from steel makers. Therefore, Rio Tinto will increase iron ore production of 7.5 percent. Rio Tinto iron ore will produce up to 210 million to 215 million metric tons in the second and third quarters. Production of iron ore was sourced from [...]
BHP Billiton Refuses Ocher Bid Price From Rio Tinto
The biggest company mined world BHP Billiton day to refuse put the price of iron ore that is on the market by Rio Tinto, because the price of iron ore that is on the market by undersize Rio Tinto if it is compared to delivery costs of iron ore mining products to purpose of delivery.
Rio [...]
Coal-Prices Rebound In Asia Market and Tradding :
Benchmark energy coal prices at Australia’s Newcastle port rose after six straight weeks of decline following contract settlement between Xstrata XTA.L and Japan’s Chubu Electric 9502.T.
Thermal coal prices rose $5.83 from a week earlier to $125.42 a tonne, the globalCOAL’s NEWC weekly index showed in the week ended April 12, based on prices at Australia’s [...]
Mining Contract : Japanese Coal Mining and Xstrata contract coal price ups 20 percent
Xstrata Plc XTA.L has upped its offer in thermal coal term contract negotiations with Japanese utilities by as much as 20 percent to $78 a tonne on a worsening supply outlook, industry sources said on Thursday.
But the utilities, such as Chubu Electric 9502.T, balked at the steep increase in prices, producers and Japanese buyers said.
“Japanese [...]
Chinese coal producers supplies to South Korean
Chinese coal producers offered supplies to South Korean utilities at 7.5 percent above prices concluded in May with Japanese rivals because shortages of the fuel have worsened, said buyers involved in the talks.
Sellers, including China National Coal Group, sought $73 a metric ton from buyers led by Korea Southern Power Co., said two Korean utility [...]
Nuke woes prompt Japan gencos to seek Chinese coal
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 [...]
With nuclear off and coal thin, Japan hunts for LNG
A few Japanese power companies are tentatively seeking spot cargoes of liquefied natural gas (LNG), as they brace for a hot summer with low coal stocks and reduced nuclear power rates, market sources said on Friday.
But even coupled with opportunistic buying from India and China, the fresh demand seems unlikely to lift Asian spot LNG [...]
Asia Coal-Prices climb above $54 on bullish demand
Benchmark Australian spot thermal coal prices rose above $54 a tonne, the highest level in more than three weeks, as active Asian buying was compounded by a lack of spot coal supplies.
Thermal coal, used for power generation, rose $1.37 from a week earlier to $54.66 per tonne, the globalCOAL NEWC index showed on Monday, based [...]
Asian profits Coal-Full with the prices of teeth of request of Asia
The thermal coal prices of Australian spot of reference mark rebounded of a two months bottom and went up above $53 per ton, thanks to an Asian request full and a tightening with the provisioning indonésiens due to the recent floods.
The thermal coal, used for the production of electricity, rose $1.07 one week more earlier [...]
