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Friday, 18 December 09
THERMAL COAL PROJECT MOVES AHEAD
A proposal for Australia's largest thermal coal project in Queensland's central west has taken a step forward.
Hancock Prospecting is proposing two mines at Alpha and Kevin's Corner in the Galilee Basin and a 500 kilometre rail line to port facilities. The company's chairman, Gina Rinehart, has today met Premier Anna Bligh to discuss the plans.
The Government has declared the coal rail corridor an infrastructure facility of significance and confirmed it will be able to use Abbott Point.
Ms Bligh says that means Hancock can now move forward with a bankable feasibility study.
If it is approved, the projects will create the biggest thermal coal mine complex in Australia and employ thousands of workers.
Ms Rinehart says now the Government has provided certainty about rail and port infrastructure, a Hancock Coal head office will be established in Brisbane.
Source:ABC Net
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Tuesday, 05 January 10
WINTER WEATHER SPIKES COAL PRICES - CHINA UPDATE
Cold weather is driving coal prices higher and will lend the advantage in annual negotiations to suppliers, analysts said, predicting that the risin ...
Monday, 04 January 10
TOKYO ELECTRIC SEALS XSTRATA COAL DEAL
Tokyo Electric Power Co has agreed to pay about $US85 a tonne for Australian thermal coal in 2010 from miner Xstrata, a source familiar with the pri ...
Monday, 04 January 10
IND-BARATH TO SHIFT PROJECT FROM AP TO TN
Hyderabad-based power producer Ind–Barath is planning to set up a power plant at Tuticorin, Tamil Nadu. The proposed project would attract inv ...
Sunday, 03 January 10
NEWCASTLE THERMAL COAL PRICES FALL IN FIRST DECLINE IN 3 WEEKS
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 1.5 percent, falling for the first time in three weeks ...
Sunday, 03 January 10
NTPC SEEKS REPORT ON TRANSPORTING COAL THROUGH WATERWAYS
State-run National Thermal Power Corporation (NTPC), the country’s largest power utility, has asked for a “holistic” feasibility r ...
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- Heidelberg Cement - Germany
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- Maheswari Brothers Coal Limited - India
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- Economic Council, Georgia
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- Edison Trading Spa - Italy
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- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
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- The University of Queensland
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- Coal and Oil Company - UAE
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- Electricity Authority, New Zealand
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- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
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