• Teck edges closer to sell coal asset to Glencore for $6.9 Bln

    2023-11-14 15:04:35 General,  International sxcoal.com

    Canada's Teck Resources Ltd. plans to sell a 77% stake in its steelmaking coal business to global mining giant Glencore PLC for $6.9 billion, according to a Reuters report.Citing sources, the report s...

    China's household solar capacity exceeds 100 GW, NEA

    2023-11-14 14:38:30 Solar sxcoal.com

    China's installed capacity of household distributed solar power has exceeded 100 GW, reaching 105 GW as of the end of September, said the National Energy Administration on its social media platform on...

    Australia Sep coal export value up 5.4% MoM

    2023-11-14 13:44:43 Import & Export,  International sxcoal.com

    Australia's coal exports were worth A$6.95 billion in September, rising 5.41% on the month yet falling 40.12% from a year ago, according to the Australian Bureau of Statistics.Coal exports to Japan we...

    India top steelmaker considers expanding coal mine capacity in Mozambique

    2023-11-14 13:20:42 General,  Coking Coal sxcoal.com

    Steel Authority of India Ltd (SAIL), the country's largest state-owned steel producer, is planning an investment of $150-200 million on expanding coal mining capacity in Mozambique, Africa, along with...

    China Coal Daily Track (Nov 14)

    2023-11-14 15:40:55 Price,  Thermal Coal,  Coking Coal sxcoal.com

    Thermal coalProduction area Mine-mouth thermal coal prices maintained an upward trend, with some miners raising prices by 10-20 yuan/t. Most miners reported good sales and low stocks, thanks to sustai...

    Weekly: China PCI coal prices improve slightly on mild demand

    2023-11-14 11:37:32 Price,  PCI sxcoal.com

    China's PCI coal market saw improvement last week, bouyed by rebounded coking coal prices and still resilient demand from end-users despite PCI coal prices remaining weak in several regions.On Novembe...

    China's finished steel stocks see decline expand further in early-Nov, CISA

    2023-11-14 11:59:43 Production & Sales,  Steel Products sxcoal.com

    Inventory of five major steel products in China's 21 cities continued to fall at an faster rate in early-November (November 1-10), down 7.6% or 0.65 million tonnes from late-October to 7.92 million to...

    DP World Australia resumes operations following cyber breach

    2023-11-14 10:26:22 Company,  International sxcoal.com

    DP World Australia, one of the largest ports operators in the country, announced the restoration of operations at all its facilities on November 13 after a three-day suspension caused by a cyber incid...

    Coal India surpasses Q2 profit expectations amid high power demand

    2023-11-14 08:55:04 Company,  Cost & Profit sxcoal.com

    Coal India Ltd., India's state-owned coal giant, reported a notable year-on-year increase of 12.5% in net profit for the second quarter of fiscal year 2023-24 (April 2023-March 2024), driven by robust...

    Weekly: China's anthracite coal prices still face pressure

    2023-11-14 08:59:29 Price,  Anthracite sxcoal.com

    China's anthracite prices remained under downside pressure during last week, since oversupply continued as mines maintained high capacity utilization rates.End buyers were cautious in making purchases...

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