Coal – Reuters reported that Japan is focusing on coal-powered energy as the yen is making oil and LNG cost-prohibitive.
Articles Tagged "coal sector"
Coal – Reuters reported that striking workers have been injured in clashes with police during labour unrest at Shanduka Coal's Graspan colliery in South Africa. As quoted in the market report: Seven workers were admitted to hospital and nine were arrested after the incident on Tuesday. Operations at Graspan remained suspended on Wedn
Coal – Reuters reported that Ontario plans to shut its remaining coal-fired power plants over the next 18 months, replacing them with renewable sources of energy.
Coal – The Globe and Mail reported that Sherritt International Corp. reported a $17.2 million loss in the most recent quarter, mostly due to a write-down for two coal projects.
Coal – The Sydney Morning Herald reported that the Australian coal industry believe that China's promise to cap coal use by 2015 will inhibit its commitment to economic growth.
Coal – Bloomberg reported that South Korea has granted approval to four private companies to build eight coal-fired power plants in attempt to diversify investments and stakeholders in their energy sector.
Coal – Bloomberg reported that Mongolia has agreed to give Erdenes Tavan Tolgoi LLC a $355 million loan to facilitate their walking away from a supply deal with China's Chalco.
Coal – Mining Weekly reported that the surge in the coal industry in Mozambique will support $34 billion in infrastructure growth in the coming years.
Coal – Bloomberg reported that, according to Barclay's, coking coal may see a spike in prices as China moves towards restocking steel.
Coal – Platts reported that coal exports from Alaska's only coal miner, Usibelli Mine Inc, will dip in 2012.