Rio Tinto energy business loses US$ 53 million
Diversified miner, Rio Tinto, has announced a US$ 53 million loss for its Energy Group in the first half of 2013, as total underlying earnings dropped 18% to US$ 4.3 billion.
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Diversified miner, Rio Tinto, has announced a US$ 53 million loss for its Energy Group in the first half of 2013, as total underlying earnings dropped 18% to US$ 4.3 billion.
US EIA release report showing that Wyoming alone made over 75% of the total sales of coal from federal and Indian lands.
CCS pilot plant completes 1600 hours of operation, using bio-catalytic technology
Coal’s obituary has been written many times and yet the old king is still alive and well – even in regions that are actively seeking to kill it.
Coal accounted for 39% of the UK’s electricity generation in 2012, benefitting from high gas prices.
Altona Energy sees the opportunity to add coal-to-methanol plant to its Arckaringa project in South Australia.
Successful testing of equipment, according to Russian mining company, Mechel.
Indonesian company, PTBA, makes progress with CBM site in South Sumatra.
Prices and profit margins collapse due to falling demand for coal. Alpha Natural Resources post quarterly loss.
Malaysian company Toyo will help Vietnamese Government develop 2000 MW coal-fired power plant in Hau Giang.
Despite competition from natural gas, coal will continue to be the fuel of choice for global electricity generation.
US coal company affected by negative coal market, though remains hopeful for better future results.