Australian coal prices fall to pre-2008 crisis levels
Australian physical coal prices have fallen to levels not seen since before the 2008/2009 financial crisis as Chinese demand suffers.
Australian physical coal prices have fallen to levels not seen since before the 2008/2009 financial crisis as Chinese demand suffers.
Jump comes as power companies add capacity to meet rising demand even as millions go without electricity.
globalCOAL® has announced that Kyushu Electric Power has joined its online coal trading platform.
Beijing has closed the first of four large coal-fired power plants set to be retired as part of the city's attempts to cut air pollution.
Environmentalists accuse U.S. mining regulators of allowing work to begin at Alaska coal mine after the project's permits should have lapsed.
Unlike its bigger rivals, New Hope does not sell its thermal coal to China, where new environmental restrictions and trade tariffs have hit imports.
Turkey's Sabanci Holding cement business expects its sales to rise 10-15% this year after posting a 16% increase to 2.5 billion lira in 2014.
The action was taken in response to high coal inventory levels.
The White House has said that it is committed to ending government financing for most coal-fired power plants overseas.
Shares in Jindal Steel and Power Ltd were hit by concerns over the company's ability to feed its power plants after the rejection of its coal mine bids.
The Brookings Energy Security and Climate Initiative has launched a new project to focus on the changing nature of coal markets in the 21st century.
Further evidence that quality inspections that took effect in January are holding back shipments.
Coal mine fatalities in China dropped almost 87% to 931 last year from more than 7000 casualties registered in the sector in 2002.
China Shenhua Energy has posted a 19.4% fall in 2014 net profit citing a supply glut and slower demand growth that hurt prices.
China's smog-hit capital Beijing has shut down the third of its four coal-fired power plants as part of its campaign to cut pollution.