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Source: Hellenic Shipping News Worldwide, May 25, 2019

Chinese users buy US coking coal amid lo...

The Chinese market saw the conclusion of two trades of US Buchanan coking coal with 40% CSR, 18%-19%VM, 7%TM and 5-6% Ash as offers, excluding 3% import duty and 25% tariffs, have fallen to entice buying interest, Platts confirmed.

A tra... Continue reading

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Source: REUTERS, May 25, 2019

Column: Adani's coal hopes look increasi...

How’s this for a study in contrasts: One of the world’s biggest coal miners effectively says the industry is dying just days after Australia’s opposition party suffered a shock election loss, partly blamed on its failure to unamb... Continue reading

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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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