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Source: S&P Global, May 25, 2019

China's port controls for Australian the...

Import restrictions are continuing to hold up shipments of Australian thermal coal at Chinese ports and a solution to the deadlock is not expected any time soon, market sources said on Friday.



Chinese officials are still to advise on the... Continue reading

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Source: Mining Journal, May 25, 2019

Chinese go cold on $4.6B coal project

The bruising political fight endured by Indian giant Adani and changes to its rail infrastructure may have discouraged its neighbor in Queensland’s Galilee Basin, Macmines Austasia, from pursuing the US$4.6 billion China Stone opencut and un... Continue reading

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Source: Hellenic Shipping News Worldwide, May 25, 2019

India’s SCCL developing greenfield under...

Moving against a general trend among Indian miners of closing down underground mines, State-run Singareni Collieries Company Limited (SCCL) has started work on developing a new underground mine in the southern state of Telangana.



SCCL wi... Continue reading

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Source: STEEL GURU, May 25, 2019

Outlook for coal challenged as no appeti...

BHP, the world's biggest miner, said that the outlook for coal was challenged and there was no appetite for growth as it sought to capitalise on opportunities in electric transport and renewables. BHP's chief financial officer Mr Peter Bea... Continue reading

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Source: Hellenic Shipping News Worldwide, May 25, 2019

Baltic Dry Index falls to 1068, down 2 p...

Friday, May 24 2019, the Baltic Dry Index decreased by 2 points, reaching 1068 points.



Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index i... Continue reading

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Source: Montel, May 25, 2019

Pacific coal prices fall amid sluggish C...

Asia-Pacific coal prices softened further this week as subdued Chinese demand, in part due to a weakening yuan, put pressure on the market, participants said on Thursday.



The benchmark Global Coal Newcastle index was assessed last down n... Continue reading

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