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Saturday, 23 June 18
COAL GROUP TARGETS 9 PER CENT REVENUE SPIKE - VIET NAM NEWS
Coal ExcavatorViet Nam News reported, the Viet Nam National Coal and Mineral Industries Group (Vinacomin or TKV) is targeting VNĐ116.9 trillion (US$5.1 billion) in revenues in 2018, up 9.3 per cent year-on-year.
 
It also plans to contribute VNĐ14.5 trillion to the State Budget, up VNĐ900 billion compared to its annual target.
 
In the first six months of this year, the group’s coal production reached 20.27 million tonnes, reaching 57 per cent of its yearly target. Coal consumption touched 21.6 million tonnes, equivalent to 60 per cent of the year’s target, of which 20.7 million tonnes were consumed domestically while 900,000 tonnes were exported.
 
Alumina production reached 660,000 tonnes, meeting 54 per cent of the annual target. Electrical production hit 5.1 billion kWh, representing 55 per cent of the target for the year.
 
The group’s total revenue and profit in six months were estimated at VNĐ62.6 trillion and VNĐ1.5 trillion, respectively.
 
Average salary stood at VNĐ10.2 million per person per month, equivalent to 103.6 per cent of the target for the year and up by 12 per cent compared to the same period last year.
Source: Viet Nam News


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Tuesday, 05 June 18
THINGS STILL LOOK TO BE PROMISING FOR THE DRY BULK MARKET OVER THE NEXT COUPLE OF MONTHS - GEORGE LAZARIDIS
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Tuesday, 05 June 18
INDONESIAN COAL PRICE REFERENCE IS GOING UP AGAIN
COALspot.com: According to latest ministerial decree No. 1857 K/30/MEM/2018 dated 4 June 2018, the Indonesian Coal Price Reference (HBA) up 7.91 pe ...


Saturday, 02 June 18
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For India, energy remains the key driver of growth, not only from an economic perspective but more importantly for accelerating social development. ...


Thursday, 31 May 18
SUPRAMAX: INDO/CHINA COAL RV IS GETTING FIXED AROUND $13K DELIVERY SINGAPORE - FEARNLEYS
Capesize The Cape market has been on a downward trend for the past week.   According to Fearnleys, Oslo based broker, Brazil market ...


Wednesday, 30 May 18
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A number of coal miners are planning to increase production by 10 percent in the second half of this year after a worldwide price increase. Th ...


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