Vale coal production down y/y in 3Q15
Vale’s coal production dropped 12.3% y/y in 3Q15 following the stoppage of production at two of its Australian coal mines in 2014.
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Vale’s coal production dropped 12.3% y/y in 3Q15 following the stoppage of production at two of its Australian coal mines in 2014.
The Springvale workforce returned to work on 16 October.
EnAppSys has found that 3Q15 saw energy generation output from Britain’s coal-fired power stations fall 54% y/y as a result of lower gas prices and increased renewable generation.
Paringa has executed its ‘cornerstone’ coal sales agreement with LG&E and KU, two of the largest fuel buyers within the Company's initial target Ohio River Market.
Nederman has received an order in China with an order value of SEK 26 million.
The Australian government has reissued an environmental permit to Adani’s Carmichael coal mine and rail development.
A round-up of some of this week’s key news items from the international coal industry from updates on coal projects to the latest in clean coal developments.
Coal will become the largest energy source in southeast Asia’s energy mix by 2040, according to the IEA, as regional energy demand is set to grow by 80%.
Exports of Queensland coal are set to break last year’s records, according to the Queensland Resources Council, as demand for coal in southeast Asia continues to grow.
Rio Tinto releases its 3Q15 production results. Results indicate higher hard coking coal and semi-soft coking coal production compared to 3Q14, yet lower thermal coal production compared to last year.
Southern Company Services, has announced the signing of a memorandum of understanding with Korea Electric Power Corp. (KEPCO).
The Association of UK Coal Importers has emphasised coal’s role in reducing household bills, supporting British industry and avoiding blackouts.