Metal manufacturers to President Trump: End Section 232 steel ...Wed, 25 Mar 2020 14:00:00 GMT
The Coalition of American Metal Manufacturers and Users has issued the following statement: The Coalition of American Metal Manufacturers and Users (CAMMU) strongly urges the Trump administration to immediately terminate the Section 232 steel and aluminum tariffs to help U.S.
Steel Industry Coalition Sends Letter to U.S. Customs and Border ...Wed, 25 Mar 2020 00:00:00 GMT
The Steel Industry Coalition sent a letter to US Customs and Border Protection about a potential delay of duty collection at U.S.
CIL must add 22k jobs, get more land to hit 1 billion tonne production ...Tue, 24 Mar 2020 00:00:00 GMT
Coal India provides jobs to one or two members of affected families. Often, people demand jobs for every family member, and at times refuse to part with land, lading to delays and cost overruns. Centre has estimated the number of jobs demanded in lieu of land to be in excess of 85,000. If offered, it would raise manpower costs and hurt productivity.
Power generators decline to take fuel supplies from Coal India ...Sun, 22 Mar 2020 00:00:00 GMT
According to the statement, most of its power sector consumers have started regulating coal receipt by filing lesser or no rail movement programs at all. Following increased production and supplies from the subsidiary, fuel stocks at most these plants are adequate for 35-40 days, one of the highest ever, prompting them to regulate receipt of the dry fuel.
Coal companies look to share 10% revenue from mining projects ...Sat, 21 Mar 2020 00:00:00 GMT
The model, proposed by additional coal secretary VK Tiwari at a recent meeting, is expected to reduce the cost of operation by 10% and make land acquisition easier. The plan will soon be implemented on a trial basis at two coal producing subsidiaries of Coal India. If needed, laws would be amended to facilitate it. ET has reviewed documents related to the proposal.
A days production at Coal India can now fuel Pune for a yearSat, 21 Mar 2020 00:00:00 GMT
Coal India has been gearing up to enhance production levels for the past several weeks and would be holding on to the current production levels, at least, till monsoons when production takes a hit as pits get flooded following heavy rains.
Mining News - Fairbanks area mines look after seniorsFri, 20 Mar 2020 06:56:00 GMT
Amidst the scramble to prepare for an imminent pandemic that is roiling mining and metals markets, the three large mines in Interior Alaska have taken the time to look after the members of their community most vulnerable to COVID-19. On March 12, Kinross Fort Knox Mine, Northern Star Resources Ltd. Pogo Mine and Usibelli Coal Mine collectively donated $21,000 to support an emergency funding...
Coronavirus, US-China trade negotiations to keep base metal prices ...Thu, 19 Mar 2020 19:19:01 GMT
Prices may gradually improve as the pandemic is contained and the second phase of US-China trade negotiations is concluded, the rating agency said in a statement. As part of its study, the agency has covered the copper, zinc, aluminium and coal sectors.
CILs capital spend on equipment and project less than annual ...Thu, 19 Mar 2020 00:00:00 GMT
Law and order issues have delayed land acquisition, which may delay projects and pose obstacles for the company in achieving its target of producing 1billion tonnes of coal by 2024. It is expected to produce 610 million tonnes this year. The target for 2020-21is 750 million tonnes.
Fade Coronavirus With BHP Group - A Scale-Down Opportunity In ...Wed, 18 Mar 2020 19:19:00 GMT
Commodity prices are now falling, and the potential for more selling will rise with the number ... It explores, develops and produces oil and gas and mines copper, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal. It also produces, smelts, and refines nickel. The Australian company sits in a favorable ...
Anglo Pacific's low-panic portfolioWed, 18 Mar 2020 03:19:02 GMT
Royalties cover metallurgical coal, copper, vanadium, iron ore and thermal coal. It has said its current thermal coal holding will be its last. Looking at the situation on the ground in China, chief executive Julian Treger said steelmakers needing to keep smelters running meant prices for its key materials had stayed relatively stable.
Higher Coal India supplies to help plants cut importsMon, 16 Mar 2020 00:00:00 GMT
Coal offered through long-term supply contract auctions, spot or forward e-auctions find takers from some particular sources. The plan is to supply import substitute fuel from sources that will not affect supplies under existing schemes. Coal India is focused on raising supply for import substitution and is in regular talks with power producers.
Exxaro gets profit boost from iron ore interestsFri, 13 Mar 2020 00:00:00 GMT
Diversified miner Exxaro, which supplies coal to Eskom, said on Thursday declining global coal prices were more than offset by its investments in an iron ore venture, with profit jumping 42% during its year to end-December. A supply wave of liquefied natural gas resulted in a 30% decline in average selling prices for Exxaros thermal coal during 2019, but the higher iron ore prices helped offset the drop. Iron ore prices had jumped in 2019, partially due to supply problems in Australia and
NGT approved auction of 2 lakh mt of coal output in MeghalayaFri, 13 Mar 2020 00:00:00 GMT
Last year Supreme Court had paved the way for operationalising of coal mining in Meghalaya under the relevant statutory framework of the Mine and Mineral (Development and Regulation) Act. NGT has banned mining in 2014 in Meghalaya.
Coal stock at power plants rises to highest-ever level: CILFri, 13 Mar 2020 00:00:00 GMT
Coal stock at thermal power plants in the country has risen to the highest ever inventory of 39.48 million tonne on March 11, sufficient for 23 days, he said. The stock is expected to further increase during the remaining days of the current fiscal, the official said.
Power plants achieve goal of prescribed fuel stock of 22 daysThu, 12 Mar 2020 00:00:00 GMT
A senior Coal India executive said better weather in winter helped increase output and fuel stock at power stations. It will help them meet increased power demand during next summer, he said. CIL now plans to increase the stock at plants to 30 days of fuel and reduce pending supplies to non-power consumers to zero by the end of this month.
Parliament passes law to open coal sector for commercial miningThu, 12 Mar 2020 00:00:00 GMT
The Mineral laws (Amendment) Bill was passed in Rajya Sabha with 83 MPs voting in its favour and 12 against. Replying after a brief discussion on the bill, Coal Minister Pralhad Joshi said the legislation will help in bring more FDI in the coal and mining sector, and boost economy.
Global Anthracite Market Size, Competitive Landscape, Driving ...Sun, 08 Mar 2020 22:47:00 GMT
According to different end industries, the downstream of the Anthracite industry is divided into Electricity Industry, Chemical Industry, Cement Industry, Steel Industry and Others. Geographically,
Regulatory delays after auction hit CIL supplies to power companiesFri, 06 Mar 2020 00:00:00 GMT
A Coal India executive said only one of the companies that won the auction had submitted the necessary documents. Industry executives blamed regulatory and procedural delays, which are hurting the alreadystressed power producers.
Slavery Modernizes, Adapts to Stay Alive in BrazilThu, 05 Mar 2020 12:27:00 GMT
Workers produce charcoal in Andrequice, a town in the state of Minas Gerais in southeastern Brazil. The activity employs large numbers of workers who are ... was a hub of slave labour to produce the
Chinas steel industry under growing pressure from record inventoriesThu, 05 Mar 2020 10:49:00 GMT
Coking coal prices are up nearly $30/ton to about $170/ton as Mongolia halted shipments last month. Iron ore prices have remained robust following supply disruptions from Brazil and Australia. Yet,
Will Coal India become the next BSNLWed, 04 Mar 2020 00:00:00 GMT
Coal India Limited may be dragging on with a huge manpower pool, suffers from low productivity issues, and is forced to operate small and unviable legacy mines pits handed over to the company during nationalisation. But analysts and market watchers feel that its rivals foreign and domestic will still be starting with a set of disadvantages.
Number of news reports: 22