Commodities
U.S. coal exports increase
(Posted on 26/04/18)The United States exported 97.0 million short tons (MMst) of coal in 2017, a 61% (36.7 MMst) increase from the 2016 level. Exports to Asia more than doubled from 15.7 MMst in 2016 to 32.8 MMst in 2017, although Europe continues to be the largest recipient of U.S. coal exports.Steam coal, which is used to generate electricity, accounted...
Rio Tinto releases first quarter production results
(Posted on 24/04/18)Rio Tinto chief executive J-S Jacques said “We delivered a solid operational performance across most commodities in the first quarter of 2018. Our world-class Pilbara iron ore assets continue to demonstrate flexibility and the benefits of increased productivity, and production at our bauxite and copper assets was also higher...
Coaltrans China connects global coal community
(Posted on 24/04/18)The 16th Coaltrans China took place in Beijing on 10th- 11th April.The event brought together over 350 delegates from over 200 companies to network and discuss key industry issues.Main topics included: Outlook for China’s Coal Market Development; pricing analysis and forecast; the significance of mergers between energy companies...
LumoVision saves lives and improves livelihoods
(Posted on 24/04/18)Bühler has revealed a breakthrough in sorting technology that will minimize toxic contamination in maize and improve yield, by identifying and removing cancer-causing, aflatoxin-infected grains. It does this more accurately and at greater speed than any previous solution. Developed in partnership with Microsoft, the launch...
WCA welcomes Chinese partner
(Posted on 16/04/18)The World Cement Association announced that China United Cement Corporation (CUCC) has joined as a Corporate Member. CUCC is a cement company with an annual production capacity of 80 million tonnes and more than 70 branches and subsidiaries all over China. With the corporation joining the international Association, WCA now covers...
Rio sells its Kestrel coal mine
(Posted on 16/04/18)Rio Tinto has entered into a binding agreement with a consortium comprising private equity manager EMR Capital (EMR) and PT Adaro Energy Tbk (Adaro), an Indonesian listed coal company, for the sale of its entire 80 per cent interest in the Kestrel underground coal mine in Queensland, Australia, for $2.25 billion. Rio...
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