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China’s only undersea coal mine-Beizao coal mine will be closed

According to the report, in Longkou City, Shandong, China’s only undersea coal mine will be closed in October, 2017. Shandong Energy Longkou Mining Group Beizao coal mine was built in 1983, a modern coastal mine integrated by coal and oil shale production.

05-22-2017 17:51:29

VLCC orders in Jan-Mar had exceeded the total in 2016

In the first three months, the global deliveries of VLCC, Suezmax, and Aframac vessels had reached the two-year high level, and meanwhile the total VLCC orders in January-March had surpassed the total in the previous year.

04-18-2017 17:01:33

Coal enterprises achieved outstanding performance under supply-side reform in 2016

Up to February 7th, 2017, 32 coal enterprises of the 37 listed ones had released 2016 performance reports, of which 15 coal enterprises made profits instead of suffering losses

02-13-2017 17:33:16

Ganqimaodu Border imports 9.27 mln mt coal in Jan-Oct 2016

Ganqimaodu Border in Bayannur city imported 9.27 million mt of coal during the January-October period of 2016, rising by 4.74 million mt from the corresponding period last year. The border sold 14.24 million mt of coal in the first ten months of the year, rising by 9.26 million mt on the year.

11-15-2016 17:37:29

China's SOE profits post milder decline

China's state-owned enterprises (SOEs) posted a milder decline in profits in the first half of this year as the economy showed signs of stabilization, official data showed Monday.

07-26-2016 10:12:21

Coal output cut outpaces demand decline, underpinning prices

Steam coal futures could still keep range bound in recent days, though iron ore and rebar futures were diving due to port stock buildup, rising steel product output and an expected slowdown in the property sector. It is mainly boiled down to...

07-21-2016 17:52:04

Coal consumption in modern coal chemical sector to reach 120 mln Mtce by 2020

Coal consumption by the modern coal chemical sector will reach 120 million Mtce by 2020, and its share in total coal consumption will gain to 5%-6%.

07-12-2016 17:17:15

Ganqimaodu Border imports 4.3617 mln mt coal in Jan-Jun

According to official statistics, Ganqimaodu Border imported 4.3617 million mt of coal from January to June, up by 23.07% YoY.

07-05-2016 09:50:38

Production capacity of 81 coal mines under five power majors revaluated at 180 mln mt/yr

The original 213.7781 million mt/yr of the 81 coal mines under China’s five major power corporations is reassessed at 179.66 million mt/yr, down by 34.11 million mt/yr.

06-03-2016 15:08:58

Daqin Rail Line to be under maintenance from April 6th to 30th

Reportedly, Daqin Rail Line will start overhauling at 9:00-12:00 every day from April 6th to 30th.

03-29-2016 09:15:04

Ceke Border sees raw coal imports rise by 8.7% YoY in Feb

Ceke Border imported 10,600 mt of raw coal from Mongolia in February 2016, rising by 8.7% YoY. It was valued at CNY16.7471 million, rising by 1.94% over the year.

03-09-2016 16:43:12

Ceke Border's raw coal imports up by 15.7％ YoY in Jan 2016

Cece Border imported 715,996.6 mt of raw coal in January 2016, rising by 15.7% YoY. It was valued at CNY111.93 million, rising by 10.59% over the year.

03-01-2016 09:13:13

Coal companies undergoing diversified transformation

Extending losses in the coal industry are forcing coal companies to make transformation. However, the way to transformation is not that easy, with some companies sinking into bigger losses in spite of some having succeeded.

02-24-2016 11:14:22

Shenhua Group under fire for continuous price cuts

Against the backdrop of an industry-wide loss, Shenhua Group, as a coal producer with the highest productivity and the lowest cost, still takes the lead to lower coal prices, heavily buffeting high cost and debt-ridden old coal producers.

11-24-2015 17:27:27

Ganqimaodu Border's coal imports down by 50% in Jan-Oct

Ganqimaodu Border in Inner Mongolia imported 5.0241 million mt of coal in the first ten months of the year, sliding by 46.9% YoY.

11-23-2015 17:44:40

Thermal power projects undergoing rapid growth despite heavy smog

Coal burning again become the culprit of smog, which besieged most residents in the northeastern region at home on the first weekends of November, with local meteorological station reporting PM2.5 reading going beyond the limit

11-23-2015 10:24:41

Hubei power plants to increase coal contract orders from Pingmei Shenma

Power plants in Hubei including Guodian Changyuan Power, Huadian Hubei Branch, Huaneng Hubei Branch, China Power International, China Resources Power Holdings Co., Ltd Hubei Branch and Hubei Energy expressed intention to increase coal contract purchase volume from the coal producer in 2016.

11-19-2015 17:07:31

The chance under China economic development of new normal

China economic is based in manufacturing industry. So, China economic downturn means China real economic downturn actually. What problem in China real economic is so hard to be rescued?

11-10-2015 15:18:28

China coal market hopeless to recover under govt's fierce battle against pollution

It is hopeless for the Chinese coal market to recover as the economy is slowing down and puts more focus on green environment.

10-16-2015 15:07:46

RMB Cross-Border Interbank Payment System was officially implemented online

On October 8th, 2015, the I-stage China RMB Cross-Border Interbank Payment System (CIPS) was implemented online successfully by PBC,

10-10-2015 11:20:54

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