Coal - 17 August 2016

Russian coal company, Kuzbasskaya Toplivnaya Co. (KTK), has swung into the red in 1H16 on weaker seasonal demand and lower export prices.

India is to increase its production of coking coal but will remain dependent on imports for high-quality metallurgical coals.

Thai coal and power company, BANPU, saw its coal revenues fall in 2Q16 on lower production in Australia and Indonesia.

Mining services provider, Mastermyne, sees a more positive year ahead, despite announcing a AUS$3 million loss in FY2016.