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Coal

Yancoal releases 2Q16 report

Yancoal has released its 2Q16 report, which includes a quarterly production of 3.88 million t of saleable coal, a y/y decrease of 8%.

 
 

Raspadskaya delivers stronger 2Q16

Raw coal production jumped 16% quarter-on-quarter, while sales of metallurgical coal concentrate was also up, as the Russian coal company reported better quarterly results.

 
 

CoAL’s offer for Universal falls through

Coal of Africa has failed to complete its acquisition for Universal after being unable to meet the working capital requirements for AIM readmission.

 
 
 
 
 
 

Rio Tinto records 2Q16 coal production results

Rio Tinto releases 2Q16 coal production results, noting a decline in metallurgical and semi-soft coking coal compared to the same quarter last year, but thermal coal saw increases.

 

Weekly US coal production sees declines

According to the US EIA, the weekly coal production estimate for the week ended 9 July is 8.4% lower than last week and 22.9% lower than the same time in 2015.