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Asia coal industry sees blue skies, ignores storm clouds: Russell
Kamis, 10 Mei 2018 / 10:19 WIB
NUSA DUA, Indonesia (Reuters) - Asia’s coal miners, shippers and traders are seeing strong demand and rising prices for their fuel, and they expect this happy situation to persist for several years to come.
It was a challenge to find anybody pessimistic about the outlook for coal in Asia,...
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Indonesia sees coal output flat in 2019 amid equipment shortage
Senin, 07 Mei 2018 / 16:50 WIB
NUSA DUA, Indonesia, May 7 (Reuters) - Indonesia is targeting annual production of 481 million tonnes of coal this year and next, a mining ministry official said on Monday, as producers of the fuel are struggling to get new heavy equipment and parts.
That’s up around 4 percent from the 461...
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Glencore completes Aussie coal deal
Jumat, 04 Mei 2018 / 18:17 WIB
Glencore has wrapped up the purchase of a stake in a large Australian thermal mine Australia, underscoring its position as the world’s biggest exporter of the fossil fuel.
The London-listed company on Friday said it had received the regulatory approvals needed to complete the acquisition...
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Two U.S. coal miners see growth amid sector's gloom
Rabu, 02 Mei 2018 / 18:30 WIB
U.S. electric utilities are expected to shut hundreds more of their coal-fired power generators in the coming years, extending a long trend away from coal and toward natural gas that has cast a pall over the mining industry.
But not every U.S. coal company sees a bleak future.
Ramaco...
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Strong Asian demand continues to hold up thermal coal markets
Jumat, 27 April 2018 / 11:11 WIB
LONDON/SINGAPORE (Reuters) - Asian thermal coal demand is defying its typical seasonal slowdown as well as the expanding use of renewables and natural gas, with prices holding not far off $100 a tonne despite the onset of the usual lull at this time of year.
Benchmark Australian thermal coal...
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UK runs without coal power for three days in a row
Selasa, 24 April 2018 / 11:20 WIB
The UK has been powered without coal for three days in a row, setting a new record and underlining the polluting fuel’s rapid decline.
Coal has historically been at the cornerstone of the UK’s electricity mix, but last year saw the first 24-hour period that the the country ran...
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