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Tuesday, 15 December 09
CHINA CUTS IMPORT DUTIES ON COAL, RAISES FOR OTHERS


China will lower import duties on more than 600 products next year, including coal, naphtha and phosphate ore, the Finance Ministry said on Tuesday.
At the same time, it will end its existing lower import tariffs on refined oil products and wind power equipment, the ministry said in a statement on its website.

It will also raise its import tariff on fuel oil, it said without giving specific rates.
Source: Reuters



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Monday, 28 December 09
INDONESIAN MINER LINKED TO FUGITIVE FINANCIER
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Monday, 28 December 09
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A helicopter dropped a $4 million ransom payment on Sunday on to the deck of a Chinese coal ship hijacked by Somali pirates in mid-October, a pirate ...


Saturday, 26 December 09
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Saturday, 26 December 09
COKING COAL PRICES MAY RISE BY 10 - 15% FROM APRIL 2010
The price of coking coal, one of the key raw materials for steel production, is likely to increase by 10-15% in next April, the month in which m ...


Saturday, 26 December 09
COAL INDIA SECURES TWO BLOCKS IN MOZAMBIQUE
It's official now. Mozambique has awarded two coal acreages in its Maotize region with an estimated one billion tonne reserves to Coal India Ltd bu ...


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