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Shenhua to Build Asia’s Largest Coal-fired Power Station |
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Wednesday, 25 January 2012 18:45 |
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Shenhua Group Corp. plans to build Asia’s largest coal-fired power plant in China’s southern province of Guangxi to help reduce electricity shortages in the region. According to the Xinhua News Agency, Shenhua Energy signed an agreement with the local government to build an 8 gw plant at the port city of Beihai. Construction will take about five years.
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Newcastle Ship Queue Hits 60 |
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Wednesday, 25 January 2012 18:44 |
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ABC News reported that Newcastle’s ship queue has hit 60 for the first time in several years, as global demand for coal continues to rise. In October, the Hunter Valley Coal Chain Coordinator warned of increased ship queues due to planned coal chain maintenance outages, combined with strong demand.
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Coal Producers in Indonesia & Vietnam Undertake New Export Strategies |
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Wednesday, 25 January 2012 18:42 |
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Fast rising economies in Southeast Asia, Indonesia and Vietnam have taken different strategies in handling rising coal demand in the region, according to Nasdaq. Vietnam will calibrate its exports to meet increasing coal demand in the domestic markets. Indonesia, on the other hand, plans to increase exports and meet rising demand in the Asia Pacific Region.
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Southern Kuzbass Processes Elga Sample |
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Wednesday, 25 January 2012 18:43 |
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Russian coal and metal producer Mechel OAO said that Southern Kuzbass produced the first coking coal concentrate from the massive Elga deposit. A sample lot of 4,000 metric tons (mt) of Elga coking coal was washed at the Southern Kuzbass Sibir prep plant. The quality of the concentrate ranks the Elga deposit among the higher-value grades of coking coals, according to Mechel.
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Asciano Wins 10-year Rio Tinto Coal Contract |
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Wednesday, 25 January 2012 18:41 |
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Ports and rail operator Asciano has entered into a new 10-year contract with Rio Tinto to move 8 million metric tons (mt) of coal each year in central Queensland.
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