Coal for delivery in northwest Europe rose to a record on limited global supplies of the fuel and demand in countries such as India where new power stations are being built. Domestic supplies of Indian coal lag behind demand and state-owned Coal India Ltd. is seeking mines in countries including Australia and Indonesia to secure [...]
Entries Tagged as 'coal'
800 Years of Coal, Become 80 Years and Now 8?
May 29th, 2008 · No Comments
China Puts Local Businesses Out of Business Only To Go Out of Business
May 22nd, 2008 · No Comments
Aside from the usual up to three days waiting for diesel supplies to transport products to the wharfs (where a senior and junior driver share duties, the senior drives the truck, the junior stays with the truck when in line for fuel, moving it incrementally forward to the service station), many Chinese power plants have [...]
Koreans Steel themselves for Coal Floods
April 7th, 2008 · No Comments
April 7 (Bloomberg) — Posco, Asia’s third-biggest steelmaker, agreed to a tripling in benchmark contract price for coal, setting a record for the steelmaking material after floods in Australia reduced global supplies. The Pohang, South Korea-based company will pay Australian suppliers between 205 percent and 215 percent more for some of its coking coal for [...]