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Source: REUTERS, July 16, 2019

China’s June coal imports fall as local...

China’s June coal imports fell 1.4% from May to 27.1 million tonnes, official data showed on Friday, as local miners boosted output to ensure adequate supply ahead of summer.

For the first-half of the year, China brought in a total... Continue reading

coal news
Source: Petroleum economist, July 16, 2019

Coal clinging on in South and East Asia

Global demand for coal to power continues to be king, but the upside may be limited

Global coal consumption may have peaked in 2013 at a shade under 3.9bn t oe but its legacy infrastructure may give it an in-built resilience to ens... Continue reading

Coal seller, coal supplier, coal trader
Source: The Australian, July 15, 2019

Economy strong thanks to China, ‘heaps o...

China has propped up Australia’s national income amid a global slowdown, with a new report finding there is already “heaps of stimulus in the pipeline” to grow wages and drive down unemployment.

The Deloitte Business Ou... Continue reading

Coal supplier, coal trader, coal seller, coal news
Source: Argus Media, July 13, 2019

Indian coking coal imports drop in May

Indian coking coal imports fell in May on fewer shipments from Australia, although imports of pulverised coal injection (PCI) ramped up.

India imported 4.19mn t of coking coal in May, up by 9.6pc on the year but lower by 8.6pc from the p... Continue reading

Coal supplier, coal traders, indonesian coal supplier, thermal coal
Source: Bloomberg, July 13, 2019

BHP Is Latest Giant Miner to Plan Exit F...

BHP Group is moving ahead with plans to exit thermal coal, according to people familiar with the matter, the latest move by the world’s biggest miners to retreat from the dirtiest fuel.

BHP is looking at options to divest the busin... Continue reading

coal supplier, coal seller, coal trader, indonesian coal supplier
Source: Bloomberg, July 13, 2019

Australian Thermal Coal Leaves Investors...

When you’re in the business of buying and selling, timing is everything.

That’s the costly lesson facing BHP Group, which is looking at options to divest its thermal coal assets according to a report Thursday by Thomas Bieshe... Continue reading

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