Coal Market News

Australian Stanmore Coal produces 1.13 mil mt in 2017-18, eyes first IPE output

18 Jul 2018 | Source: Platts

Australian miner Stanmore Coal saw 1.13 million mt of production in fiscal 2017-2018 (July-June), against a guidance of 1.2 million mt, the company said Wednesday. With first coal from its Isaac Plains East operation expected in August, it&....

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Coal exports from Russia to Asia Pacific to drop?

18 Jul 2018 | Source: Dry Bulk Magazine

Russian coal exports to Asia Pacific could drop in July because of disruptions of deliveries to far eastern ports and overland border crossings with China in the first half of this month.

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BHP achieves record metallurgical coal production in 2018

18 Jul 2018 | Source: World Coal

According to BHP Billiton’s Operational Review for the year ended 30 June 2018, metallurgical coal production soared by 7% to a record figure of 43 million t. The report anticipates production to further increase to between 43 and 46 milli....

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Oil Trader Vitol Teams With Peabody to Grind Coal for Refineries

18 Jul 2018 | Source: Bloomberg

Vitol Group, the biggest independent oil trader, and mining giant Peabody Energy Corp. are joining forces to give coal a new lease on life.

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Russian coal supplies to Asia-Pacific may fall

17 Jul 2018 | Source: Argus

Russian coal exports to Asia-Pacific could drop in July because of disruptions of deliveries to far eastern ports and overland border crossings with China in the first half of this month. Russian state-owned railway operator RZD on 9-11 July halved s....

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Rio Tinto's thermal coal production slips as it prepares to exit business

17 Jul 2018 | Source: Platts

Mining giant Rio Tinto's production from its remaining thermal coal assets slid in the April-June quarter, while it remains on track to hit its 2018 production guidance, the company said Tuesday in its quarterly results. Rio's share of ther....

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India's JSW Steel US coking coal plan to hit 1 mil mt/year: report

17 Jul 2018 | Source: Platts

Shipping traffic in the Suez Canal, one of the world's busiest trade channels, has come to a prolonged halt over the last two days, causing congestion and critical delays in transit for dozens of ships after the grounding of a Hong Kong-flagged ....

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S. Korea investigates alleged N. Korean coal trans-shipped to its ports

17 Jul 2018 | Source: The Korea Herald

The Foreign Ministry said Tuesday it is looking into cases in which North Korean coal was allegedly shipped to South Korea via Russia last year in violation of United Nations sanctions.

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JSW Steel restarts coking coal mining in US

17 Jul 2018 | Source: Business Line

JSW Steel has restarted coking coal mining in the US after a gap of almost three years. Operations in the mines located in West Virginia were suspended after coking coal prices dropped below production cost.

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Reduced head count, capex spending biggest contributor to mine efficiency mid-decade: McKinsey

16 Jul 2018 | Source: Mining.com

McKinsey tracked 2.8 per cent per annum increase in productivity between 2014 and 2016 mostly due to mines reducing headcounts and limiting spending, says the consultancy in a study published last month.

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