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Monday, 13 July 09
COAL SECTOR IN VIETNAM INCREASE THE TARGET 43 MILLION TONNES THIS YEAR
Asian Mining Stock reported that, there was a change in a very good Coal Mining Industries Group (TKV) that Vietnam has decided to increase coal production began in 2009 from 40 million to 43 million tons to be from the target that has been planned and set in the previous year.
TKV group said that will increase coal production to meet the targets, with priority given to major customers such as coal power plant, fertilizer industry, paper and cement. And will develop a chain and production facilities, and diversified products for domestic and export market in 2009 and following years.
Until now, the group has requested TKV subsidiary mining to speed up production, develop new mines, expand existing mines, including Vang Danh, and Khanh Hoa Khe Cham, and will begin to invest in coal gasification projects under the ground under the Red River from the I beds.
In the first six months, the group exploited TKV akan 20.3 million tons of coal, down 5 percent, and sold 21.5 million tons, up 3 percent from the same period last year, to meet the target in the coming years.
Source: Asian Mining Stock
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Friday, 07 August 09
BALTIC DRY INDEX HAS WORST WEEK SINCE OCTOBER AS DEMAND SLOWS
Bloomberg reported that, The Baltic Dry Index, a measure of shipping costs for commodities, had its worst week since October as Chinese demand for s ...
Friday, 07 August 09
COAL-PRICE FORECAST RAISED AT MERRILL ON CHINA, INDIA DEMAND
Bloomberg reported that, Bank of America Corp.’s Merrill Lynch & Co. unit increased its price forecast for Asian power-station coal becaus ...
Friday, 07 August 09
CHINESE DEMAND FOR FOREIGN COAL SOARS
Mining Weekly reported that, Chinese coal imports rocketed by 126,3%, year-on-year, in the first half of this year, the country’s customs auth ...
Thursday, 06 August 09
RICHARDS BAY COAL SHIPMENTS FELL 3% ON YEAR IN JULY
Bloomberg reported that, Richards Bay Coal Terminal, Africa’s largest coal-export facility, exported 3 percent less of the fuel in July than i ...
Thursday, 06 August 09
NTPC LOOKS TO BYPASS STATE TRADING FIRMS ON COAL IMPORT
A reduced coal import bill for NTPC could lead to lower power tariffs
Live mint.com reported that, India’s largest power generation utility ...
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