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Wednesday, 08 January 20
VINACOMIN SETS TO SELL 49 MILLION TONNES OF COAL IN 2020 - VIETNAM NET
The Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) has set to sell 49 million tonnes of coal in 2020, a year-on-year surge of 10 percent, according to Vinacomin Deputy Director General Nguyen Hoang Trung.
 
He said that the corporation expects to gain 138 trillion VND (5.95 billion USD) in total revenue, compared to the 131.5 trillion VND recorded in 2019.
 
This year, it plans to produce 40.5 million tonnes of coal, the same of volume of the last year, and import around 10.2 million tonnes.
 
In a bid to realise the target, the corporation will improve logistic services to facilitate import-export activities, upgrade its warehouse facilities system, and streamline labourers to reduce costs.
 
Last year, it strengthened mechanisation to reduce labour-intensive work and increase productivity to meet rising domestic demand for coal. Besides renewing its business management model, it invested heavily in science-technology to improve efficiency.
 
As a result, coal production last year was 40.5 million tonnes, while coal sales reached at 44 million tonnes. The corporation raked in 4 trillion VND in profit, around 1 trillion VND higher than the target. VNA


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Tuesday, 17 December 19
BACK TO FUTURE FOR BUSH AS AUSTRALIA CONSIDERS MOVING AWAY FROM COAL NEWCASTLE - HERALD
Looking backwards could show the way forward for regional communities planning for a future beyond mining.   One of Australia’s ...


Tuesday, 17 December 19
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.01 PCT - XINHUA
China Taiyuan coal transaction price index stood at 133.16 points, down 0.01 percent week on week.   The index, released by China Taiy ...


Tuesday, 17 December 19
YEAR 2019: IT IS LOOKING SET THAT THIS YEAR WILL BE ONE OF THE SLOWEST IN TERMS OF DRY BULK NEWBUILDING ACTIVITY - ALLIED
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Monday, 16 December 19
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