Coking Coal Prices Surge on Rumors of Shanxi Production Cuts
February 21, 2024
Coking coal futures prices hit their daily limit on February 21st as news of potential production cuts in Shanxi province,
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New Hope boosts stake in Malabar Resources with $180M equity raise
February 21, 2024
New Hope is pleased to announce that it has entered into agreements to increase its shareholding in Malabar Resources Limited
Global Seaborne Iron Ore Trade in 2023
February 21, 2024
Global iron ore trade volumes inched up by around 5% on the year to 1.59 billion tonnes (bnt) in CY’23 from 1.52 bnt recorded in CY’22.
China’s first molten salt heat storage coupled coal power project starts construction
February 21, 2024
According to the National Energy Voice, recently, the National Energy Group’s “Research and Demonstration Application of Key Technologies for Coal Power Flexibility Based on Molten
Colombian Cerrejon Coal Workers to Vote on Strike Action
February 21, 2024
Colombia’s second largest coal producer Cerrejon and the company’s largest union Sintracarbon ended 40 days of negotiations
Mechel reports decline in steel, coal production in 2023
February 21, 2024
Mechel lowered steel production by 2% year on year to 3.49 mln metric tons, the Russian mining and metals company reports.
Glencore Posts Steep Profit Fall as Energy Crisis Fades
February 21, 2024
Glencore Plc reported a steep drop in annual profit and lowered its dividend, after markets retreated from the price spikes
Dalian coking coal soars as miners plan output cuts
February 21, 2024
The most-traded coking coal futures contract on the Dalian Exchange for delivery in May ended the morning trading session rising by 7.44%
China’s shift to steady commodity demand echoes in BHP results
February 21, 2024
The changing nature of China’s commodity demand is neatly encapsulated by the latest results of BHP Group, the world’s biggest mining company
India gets 40 bids for commercial coal mines
February 20, 2024
India has received a total of 40 bids for some of the 32 commercial coal mines that were made available for auctioning in December
Coronado Coal profits fall 80pc as costs and taxes bite
February 20, 2024
Coronado Coal says higher costs, taxes and bad weather are squeezing its mining operations, pushing profits 80 per cent lower
Colombia Bill Seeks Permanent Legal Ban on New Coal Contracts
February 20, 2024
Colombia, South America’s top coal producer, is proposing a mining bill which would ban new exploration and production contracts