Coking Coal Mining News

EU's largest coking coal producer seeks growth through acquisitions

Poland's ambitions to invest in coal have stirred outrage at U.N. climate talks taking place in Katowice.

Teck Resources adjusted earnings fall on low commodity prices

Diversified Canadian miner Teck Resources Ltd reported a near 23 percent drop in third-quarter adjusted earnings on Thursday.

Metallurgical coal prices starting to slip: Fitch

Fitch suggests that miners' focus would probably be on cost controls.

China adopts more flexible output curbs to battle winter smog

Northern China’s key industrial hub will adopt a more flexible program for its anti-pollution output curbs this winter.

Poland's JSW seeks tighter grip on coking coal with possible Prairie bid -sources

State-run JSW and Australia's Prairie, which is developing mines in Poland, have been in cooperation talks for much of this year but JSW wants control.

ArcelorMittal reaches Ilva deal with unions, opening way for takeover

ArcelorMittal signed a preliminary agreement last year to buy Ilva, which has the largest steel-producing capacity in Europe.

Seven new powerhouses to drive mineral demand: EMR exec

"It is not just China."

Shanghai rebar extends losses into 5th day after rally on output curbs

Shanghai rebar steel futures dropped nearly 1 per cent.

China's steelmaking raw materials extend gains on firm demand outlook

The price of steelmaking raw materials in China rose for a second session on Monday on optimism that steel mills will replenish stockpiles as steel production increases and as iron ore inventories at ports decline.

China's iron ore rises on renewed steel output; 2nd day of foreign trade

Utilisation rate at mills climb back to November level.

Two miners dead, three missing after quake at Polish coal mine

A 3.4 magnitude quake hit the Borynia-Zofiowka-Jastrzebie coal mine in southern Poland on Saturday morning.

Indonesia's Adaro targets 35 pct growth in coking coal output

Indonesian coal miner Adaro Energy is targeting coking coal output of 1 million tonnes this year, up from 740,000 tonnes in 2017.

New Zealand coal is used for much more than just electricity generation

"Coal plays an important part in New Zealand’s export reliant economy,” Straterra CEO Chris Baker said today.

China steel, coking coal jump on Handan curbs, short covering

Shanghai rebar surges 4.4 pct after Handan steel, coking cuts.

Iron ore price jumps to 10-month high

China's war on smog benefitting exporters of high-quality ore as domestic steelmaking output cuts are extended.

India steel ministry seeks abolition of met coal import tax

Removing import tax on coking coal would soften the impact of rising costs on users of key steel-making fuel and promote alloy production.

Russia's Mechel says has enough creditor support for restructure of $1bn loan

The company, which is controlled by businessman Igor Zyuzin and came close to bankruptcy last year, circulated the final draft of a restructuring proposal among its creditors.

Polish miner JSW to invest $5.3 bn by 2030 to boost output

The state-run company said it wants to increase its total coking and thermal coal output to 18.2 million tonnes in 2030 from 15.6 million expected in 2018.

Dalian iron ore, coking coal extend gains even as steel retreats

Iron ore futures in China rose for a second session on Tuesday, supported by demand from steel producers for high-grade raw material to boost productivity.

Iron ore, coking coal prices are soaring

Iron ore price jumps 5.2%, coking coal rises to levels last seen during cyclone Debbie as Chinese mills restock.

Chinese iron ore and coke futures dive on steel demand concerns

Chinese coke and iron ore futures fell further in trading Thursday, amid growing concerns that steel demand in world's top producer will decline for winter.

Dalian coking coal, iron ore extend rally to 10-week high

China's coal imports dropped 21 percent in October as government moves to replace coal with cleaner fuel, iron ore prices followed coal futures higher.

BHP aims for more copper, oil; steers away from EV minerals

BHP CCO Balhuizen says while 2017 marks "tipping point" for EVs entering mainstream of metals demand forecasting, in terms of sales mass move is further off.

Prairie Mining says near deal with Chinese banks to fund Polish mine

Upfront capital costs for the development of the Jan Karski mine totals $630 million with Chinese lenders expected to financing 85 percent of it.

Canadian steel producer Stelco plans $150-million IPO

Following its emergence from bankruptcy protection three months ago, Stelco filed Wednesday a preliminary prospectus with securities regulators in Canada for a proposed initial public offering of its shares.