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Thursday, 24 June 10
CHINA TARGETS 3.6 BILLION MT ANNUAL COAL OUTPUT FOR 2015
At a forum in Beijing entitled "Chinese energy strategy and energy development in the 12th five-year plan period (2011-2015)", He Youguo, director of the Chinese Coal Industry Development and Research Center, stated that China is targeting an annual coal output of 3.6 billion mt for the end of its 12th five year plan, i.e. for 2015.
According to Mr. He, of the targeted 3.6 billion mt output, 2.2 billion mt (60 percent) will be produced from coal mines with annual output capacities of 1.2 million mt and above, 1 billion mt (30%) will be produced from coal mines with annual output capacities of 0.3 million mt and above, while 0.4 billion mt (10%) will come from smaller coal mines with output capacities lower than 0.3 million mt per year.
Meanwhile, Mr. He said that, as regards the organization of the domestic coal industry, the Chinese government plans to divide the country into two areas. Coal supplies will be directed into one of these areas, consisting of Sichuan, Chongqing, Xizang, northeastern China, Hebei, eastern China and central China. On the other hand, coal supplies will be transferred out of the other area, which will be made up of the provinces of Shanxi, Inner Mongolia, Ningxia, Gansu, Yunnan, Guizhou and Xinjiang.
Source: Steel Orbis / Hellenic Shipping
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Monday, 28 June 10
REVISIONS SHOULD AIM MINERAL AND COAL LAW
VIVAnews reported that, the Consortium of Mineral, Coal and Geothermal-Producing Regional Governments (Minerbapabum) is asking the government to per ...
Monday, 28 June 10
MEC TO INK COAL-EQUITY SWAP DEALS WITH POWER PROJECTS
Business Line reported that, First it was power producers moving to pick up stakes in coal mining projects to ensure the raw material supplies.
N ...
Monday, 28 June 10
COLOMBIA WILL LIKELY EXPORT 80 MILLION TONNES OF COAL IN 2010
Best Colombia reported that, Mr Hernan Martinez energy and mines minister of Colombia told reporters that Colombia will likely export 80 million ton ...
Monday, 28 June 10
WESFARMERS' SEPT QTR COAL PRICE UP 11% - SMH
SMH reported that, Wesfarmers Ltd says it expects a 11 per cent increase in prices for metallurgical coal from its Curragh mine in Queensland in the ...
Saturday, 26 June 10
THE SUPRAMAX INDEX FOR S6 ROUTE WAS UP BY US$ 1091 PER DAY OR 5.7 PERCENT D-O-D -- VISTAAR
COALspot.com: The market appears to be steadying with all indices almost stabilizing and the drop much less than last two weeks.
The BDI softened ...
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