DOC to give evidence at appeal against coal mine

The proposed mine would employ 58 people and mine 250,000 tonnes of coal annually, which would be exported for steel making overseas. But the environmental group Forest and Bird is appealing against the mine’s resource consent in the Environment Court, as it claims the area has high ecological …

Coal power facing pushback in Southeast Asia

But the nationwide resistance to coal plants has set back those plans. The power stations have become a touchy issue even for Thailand’s powerful military junta. In neighboring Myanmar, the lack of electricity has been the biggest millstone holding back the country’s industrialization. Even in that context, …

Coastal coal transportation to double, says CRISIL

“According to estimates, the overall coastal potential from operational plants alone aggregates to 63 mtpa today, including 35.7 mtpa from plants located near ports and 27.3 mtpa from those located 200-400 km inland,” CRISIL Research said. In the longer term, additional coastal coal volume of 25-30 …

Coking coal in focus on lower production forecasts

Wet weather, engineering problems and port congestion in Australia are helping to prop up the price of coking coal. The commodity, which is used in steel-making, is currently trading above $220 a tonne, surprising many analysts who expected much lower prices. Overnight BHP Billiton, the world’s …

Why CSX’s 4Q17 Coal Revenues Fell

CSX’s coal (BTU) revenues fell 2% to $541.0 million in 4Q17, down from $551.0 million in the corresponding quarter of 2016. However, coal’s share in CSX’s overall revenues jumped to 18.9% in the same quarter, up from 18.1% in 4Q16, and 4Q17 marks the first quarter in recent quarters wherein CSX …

New Fukushima power plants set coal supplier

The Associated Press GILLETTE, Wyo. (AP) — A Wyoming coal company is planning to export coal from its mine in Montana to power two coal-fired plants under construction in Japan. Cloud Peak Energy on Tuesday announced the agreement with Singapore-based JERA Trading to supply the coal …

‘Coastal shipping of coal to double’

Coastal transportation of coal is expected to near double to 63 million tonnes per annum (MT) by in six years, Crisil Research said today. “Crisil Research estimates coastal transportation of coal to increase to 63 million tonne per annum (mtpa) by fiscal 2023, from 32 mtpa as of fiscal 2017 as structural …

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