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China risks wasting $490 billion on unneeded coal plants — study

[Нийтэлсэн: 29.11.2016] [Эх сурвалж: ]

China risks flushing down the toilet half a trillion dollars on new coal plants, which according to a study released Monday, the country doesn’t even need.

Chinese policies to support higher coal prices Save to read list

[Нийтэлсэн: 21.11.2016] [Эх сурвалж: ]

Chinese government policies are expected to support a medium-term thermal coal prices of US$73 per tonne, according to a new report from Wood Mackenzie.

China relaxes coal mining restrictions as supply tightens

[Нийтэлсэн: 18.11.2016] [Эх сурвалж: ]

China’s top planning body has reversed some of the restrictions imposed in March to local coal miners, as reduced output has dramatically increased prices for the nation’s top energy source.

China reverses coal mining curbs as winter approaches

[Нийтэлсэн: 18.11.2016] [Эх сурвалж: ]

China adopted new rules to stimulate coal production on Thursday to counter surging prices and Premier Li Keqiang said the country had to balance demand for heating over winter with efforts to tackle pollution.

Can Trump really revive the U.S. coal industry?

[Нийтэлсэн: 15.11.2016] [Эх сурвалж: ]

With the election of Donald Trump as President, forecasters and analysts are dashing to determine how his policies are likely to affect global energy. It’s likely that his measures will benefit oil and gas, though his consistent vagueness and apparent confusion over industry fundamentals makes that somewhat unlikely.

TerraCom signs Mongolian coal deal

[Нийтэлсэн: 12.11.2016] [Эх сурвалж: ]

Australian listed coal company TerraCom Limited (ASX: TER), through its Mongolian subsidiary, has executed binding long form definitive agreements with a wholly owned subsidiary of the Kingho Group, one of the largest private coal companies in China, for a 5.5-year offtake of hard coking coal produced from the Baruun Noyon Uul Coal Mine in the [...]

Chinese coking coal futures hit the roof

[Нийтэлсэн: 08.11.2016] [Эх сурвалж: ]

Coking coal prices climbed Monday 10%, the maximum daily amount allowed based on market rules, just when some analysts were predicting the end of the rally.

6 reasons coking coal price will tank

[Нийтэлсэн: 07.11.2016] [Эх сурвалж: ]

Coking coal prices continued to defy gravity on Friday trading at $270.50 a tonne after 18 straight sessions without a down day. According to data provided by the Steel Index premium Australia hard coking coal prices are up nearly four-fold since hitting multi-year lows around $70 a tonne in November last year.

All these Australian mines are reopening thanks to the rally in coal prices

[Нийтэлсэн: 27.10.2016] [Эх сурвалж: ]

An ongoing ​rally in the price of Australia’s key exports, mainly coal and iron ore, is prompting miners to restart projects and resume operations at mines that were shut only a few months ago, when both commodities were trading close to 10 years-lows.

No stopping insane coal price rally

[Нийтэлсэн: 25.10.2016] [Эх сурвалж: ]

The price of both thermal and coking coal gained again on Monday with the Australian export benchmark shrugging off news that Beijing will further relax restrictions on some domestic miners to meet winter demand.

China’s steelmakers the relative winners in coking coal surge: Russell

[Нийтэлсэн: 24.10.2016] [Эх сурвалж: ]

While no steel maker will be happy with the explosion in coking coal prices, Chinese mills are the best placed to deal with the impact, given they are nowhere near as exposed to spot prices as competitors in the rest of Asia and Europe.

TerraCom signs offtake agreement for Mongolian coal

[Нийтэлсэн: 21.10.2016] [Эх сурвалж: ]

TerraCom has agreed a 5.5 year offtake agreement for hard coking coal (HCC) from the BNU coal mine in South Gobi, Mongolia, with Kingho Group, one the largest private companies in China.

Thermal coal just hit $100 per tonne and may stay this high until 2017

[Нийтэлсэн: 19.10.2016] [Эх сурвалж: ]

The amazing rally in thermal coal reached a whole new level Tuesday after Australian spot prices hit $100 per tonne for the first time since 2012.

Wind, solar power plants cheaper than coal in a decade

[Нийтэлсэн: 11.10.2016] [Эх сурвалж: ]

While met coal is clearly the star performer of the 2016 rally in mining and metals, thermal coal is probably the biggest surprise – seaborne prices are up 65% in 2016 to above $80 a tonne.

Futures markets point to ‘overcooked’ coking coal price

[Нийтэлсэн: 10.10.2016] [Эх сурвалж: ]

Metallurgical coal was exchanging hands at $213.40 on Tuesday according to data provided by Steel Index, where it has been most of this week as Chinese traders enjoy the annual Golden Week holiday.

China to reach target in cutting coal overcapacity by year-end

[Нийтэлсэн: 04.10.2016] [Эх сурвалж: ]

China’s effort to cut surplus capacity in the coal industry and, at the same time, manage pollution in most of its major cities, are paying off earlier than anticipated, with the world’s largest producer of the commodity anticipating it will reach its targets by year-end, which is earlier than planned.

Extreme pollution forces China to shut down hundreds of coal, steel operations

[Нийтэлсэн: 03.10.2016] [Эх сурвалж: ]

China is stepping up its war on pollution by forcing hundreds of coal and steel companies to close or slash output in light of their transgressions to environmental and safety regulations.

Metallurgical coal spot prices reach US$209/short t

[Нийтэлсэн: 23.09.2016] [Эх сурвалж: ]

As of 22 September 2016, metallurgical coal spot price reached US$209/short t.

Economic collapse, Mongolia, China to restart the Tao Le cover coal mine tender: Shenhua two setbacks in the project

[Нийтэлсэн: 13.09.2016] [Эх сурвалж: ]

In order to stimulate its economy, Mongolia is expected to restart in the south of the country, the world’s largest coal tower Tolgoi tender.

Coking coal prices are on fire — up more than 80% in six months

[Нийтэлсэн: 01.09.2016] [Эх сурвалж: ]

Prices of coking coal, the steel-making kind, keep soaring on slowing supply growth from China and increased demand from Indian steel mills.

Growth in Chinese thermal coal imports won’t last

[Нийтэлсэн: 21.08.2016] [Эх сурвалж: ]

Recent increases in thermal coal imports in China may appear promising, but a new report from BMI Research states that Chinese coal consumption has already peaked. BMI forecast that Chinese coal imports will continue to grow strongly for only a few months; after that, there will be a gradual decline in coal imports from 2017 [...]

Aspire starts feasibility study for Mongolia rail project

[Нийтэлсэн: 19.08.2016] [Эх сурвалж: ]

Mongolian metallurgical coal explorer and infrastructure company Aspire Mining has started the first stage of the rail feasibility study for the Erdenet to Ovoot railway, which is critical to the development of the Ovoot coking coal project.

Coal’s rally is at risk from lower China imports in August

[Нийтэлсэн: 16.08.2016] [Эх сурвалж: ]

If you believe that thermal coal’s rally this year has been largely on the back of rising Chinese imports, it follows that any sign of moderation in demand in the world’s biggest buyer would raise a red flag of caution.

China’s Closing Coal Mines Too Slow to Meet Capacity-Cut Targets

[Нийтэлсэн: 15.08.2016] [Эх сурвалж: ]

China urged state-owned coal producers to accelerate mine closures in order to meet year-end targets as part of President Xi Jinping’s drive to curb industrial overcapacity.

China’s war on coal keeps fuelling prices recovery — up 30% since April

[Нийтэлсэн: 09.08.2016] [Эх сурвалж: ]

Despite grim outlooks and US-led global efforts to reduce dependence on fossil fuels, the coal industry is experiencing an unexpected but welcome windfall with prices for the commodity soaring more than 30% in the last four months.

Liquidators appointed to Mongolian Mining Corp.

[Нийтэлсэн: 23.07.2016] [Эх сурвалж: ]

Joint provisional liquidators have been appointed over Mongolian Mining Corp., according to a resent company announcement.

Thermal coal price hits 10-month high as Chinese buyers snap up cargoes

[Нийтэлсэн: 14.07.2016] [Эх сурвалж: ]

A crackdown by the Chinese government on surplus thermal coal has had a knock-on effect on the price – spelling good news for miners of the fuel that investors and energy consumers love to hate.

Coal after Paris

[Нийтэлсэн: 08.07.2016] [Эх сурвалж: ]

The December 2015 Paris Agreement aims to hold the average global temperature increase to well below 2°C and to pursue efforts to limit the global temperature increase to 1.5°C. Greenhouse gas (GHG) emissions should peak as soon as possible and then reduce rapidly after peaking, to reach a balance between GHG sources and sinks by [...]

Is there a future for the Russian coal industry?

[Нийтэлсэн: 25.06.2016] [Эх сурвалж: ]

It is an open secret that the global electric power industry of which the coal industry forms a part is experiencing a system-wide reduction in both volumes and prices of energy resources.

China’s nuclear war on coal

[Нийтэлсэн: 24.06.2016] [Эх сурвалж: ]

After 13 years of rapid growth, China burns more coal than the rest of the world combined. The country was responsible for more than 80% of global growth in coal usage since the start of the century.



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