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Thursday, 24 September 09
YUDEAN TO SIGN CO-OPERATION LETTER OF INTENT WITH RUSSIA COAL TRADE COMPANY


In the recent days, Gao Shiqiang, deputy manager of Yudean Group Co., Ltd. went and carried out the friendly talks with SUEK and inked the trade co-operation letter of intent. According to the content of letter, from 2010 on, SUEK will provide a total of 3mln tons of steam coal for Yudean Group at the most favorable price for the consecutive three years.

It is learned that SUEK is Russia's largest coal producer, with 100mln tons of crude coal per year. 71% of production is used for the domestic, and around 25% is exported to overseas.

This co-operation letter of intent signed by both sides will lay down the good foundation for Yudean to co-operate with international stronger coal enterprises.
Source: Alibaba



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Wednesday, 16 September 09
NAPOCOR GETS 3 OFFERS IN COAL TENDER
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Wednesday, 16 September 09
S.KOREA KOSEP BUYS 1.06 MLN T COAL-SOURCE
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Tuesday, 15 September 09
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Alibaba reported that, In the January-August period, China coal exports slid by 55.9% to 14.83mln tons month on month. In August, China exported 1.9 ...


Monday, 14 September 09
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After receiving a lukewarm response to the forward e-auction started in two of its subsidiaries, Coal India Limited (CIL) is mulling to reduce the f ...


Monday, 14 September 09
INDONESIAN GOVT UPBEAT ABOUT $1.5B, 185-KM COAL RAILWAY PROJECT
In addition to a 30-year concession right, the government will also award a competitive pricing scheme as an incentive to lure investors in a US$1.5 ...


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