Weekly coal news highlights: 19 – 24 July 2015
A round-up of some of this week’s key news items from the international coal industry, from updates of on projects and plants to the latest 2Q15 results.
A round-up of some of this week’s key news items from the international coal industry, from updates of on projects and plants to the latest 2Q15 results.
US rail operator, Union Pacific, has seen income drop 11% on significantly lower coal shipment.
Aspire Mining will pay for shipping of medical equipment from western Australian hospitals to hospitals and clinics in Mongolia.
Canadian mining company, Teck Resources, made CAN$215 million before depreciation and amortisation in 2Q15
Chinese contractor, CCCC Second Harbour Consultants, has won a contract to build phase one of a coal storage and transportation hub in Hubei Province, China.
Vale produced 2 million t of coal in 2Q15 with 1.27 million t from the company’s Mozambique operations.
Diversified miner, Anglo American, announced underlying EBITDA of US$589 million from its coal business unit as strong costs cutting offset lower prices.