Wednesday, 11 Jan 2012
According to Mr Zeng Xiaogang head of the Bureau of Geology and Mineral Resources in the Chinese autonomous region of Xinjiang, in 2011 a total of 13 new coal deposits were discovered in the region, amounting to an aggregate of 130.7 billion tonnes of new coal reserves.
The total investment in the relevant coal mining projects has reached CNY 9.266 billion.
According to Mr Zeng, in 2011 Xinjiang also discovered 11 large and medium-sized iron ore mines, with total new reserves reaching 300 million tonnes.
(Sourced SteelOrbis)
Showing posts with label China Coal Resource. Show all posts
Showing posts with label China Coal Resource. Show all posts
Wednesday, January 11, 2012
Wednesday, October 26, 2011
China coal freight rate slumps
Wednesday, 26 Oct 2011
According to industry portal China Coal Resource freight rate for coal vessels from Qinhuangdao to other coastal ports has kept declining for 3 consecutive weeks to approaching the lowest level this year.
CCR database showed that as of October 19 the freight for vessels of 20,000-30,000 DWT from Qinhuangdao to Shanghai port decreased 2.56% from a week ago to CNY 38 per tonne with a sharp dropping of CNY 10 per t or 22.83% since late September. Meanwhile, the freight for vessels of 40,000-50,000 DWT from Qinhuangdao to Guangzhou port was CNY 51 per tonne down 3.77% from one week prior.
It has decreased CNY 9 per tonne or 15% in the past three weeks. The sharp fall is mainly due to reduced vessels from downstream users as dampened by the low coal inventory at Qinhuangdao port and relatively high stock at power plants.
(sourced sxcoal)
According to industry portal China Coal Resource freight rate for coal vessels from Qinhuangdao to other coastal ports has kept declining for 3 consecutive weeks to approaching the lowest level this year.
CCR database showed that as of October 19 the freight for vessels of 20,000-30,000 DWT from Qinhuangdao to Shanghai port decreased 2.56% from a week ago to CNY 38 per tonne with a sharp dropping of CNY 10 per t or 22.83% since late September. Meanwhile, the freight for vessels of 40,000-50,000 DWT from Qinhuangdao to Guangzhou port was CNY 51 per tonne down 3.77% from one week prior.
It has decreased CNY 9 per tonne or 15% in the past three weeks. The sharp fall is mainly due to reduced vessels from downstream users as dampened by the low coal inventory at Qinhuangdao port and relatively high stock at power plants.
(sourced sxcoal)
Saturday, February 26, 2011
Fenwei to hold coking coal market seminar in Marh
Feb26, 2011
China coal & Coke Market Forum in the theme of "Global Coking Coal Resource & Market Seminar", will be held by China Coal Resource (CCR) on Mar 23-25, 2011, at Taiyuan Jinci Hotel, Taiyuan, Shanxi Province, P.R. China.
China Coal Resource (CCR) called on the industrial experts, analysts and researchers at home and abroad to gather in Shanxi, the largest coking coal production base of the world, to make further communication and discussions on these hot issues.
Meanwhile, delegates from investment, securities, coking coal producer, steel maker, coal logistics to other related industries will also present at this meeting. Hereby we are delighted to welcome our international partners joining us for this forum.
To view the Letter of Invitation, please visit http://eni.sxcoal.com/file/Letter%20of%20Invitation.pdf;
To learn more details about the forum, please visit http://en.sxcoal.com/html/enforum.html;
Saturday, February 19, 2011
Fenwei to hold coking coal market seminar in Marh
Feb 18, 2011
China coal & Coke Market Forum in the theme of "Global Coking Coal Resource & Market Seminar", will be held by China Coal Resource (CCR) on Mar 23-25, 2011, at Taiyuan Jinci Hotel, Taiyuan, Shanxi Province, P.R. China.
China's imports of coking coal maintained a fast momentum to reach 47.27 million tonnes in 2010, making China to become the fastest and one of the largest coking coal importers in the world.
The coking coal demand, 2011, in China will continue to keep its strongest absorption. Facing the quick recovery of global economy and the coal production slump from the world's first exporter Australia caused by the flooding, is it possible for China or other steel producing countries to get enough coking coal this year? Can global coking coal production meet the demands? Will the global coking coal price surge or not?
China Coal Resource (CCR) called on the industrial experts, analysts and researchers at home and abroad to gather in Shanxi, the largest coking coal production base of the world, to make further communication and discussions on these hot issues.
Meanwhile, delegates from investment, securities, coking coal producer, steel maker, coal logistics to other related industries will also present at this meeting. Hereby we are delighted to welcome our international partners joining us for this forum.
(sourced:en.sxcoal.com)
China coal & Coke Market Forum in the theme of "Global Coking Coal Resource & Market Seminar", will be held by China Coal Resource (CCR) on Mar 23-25, 2011, at Taiyuan Jinci Hotel, Taiyuan, Shanxi Province, P.R. China.
China's imports of coking coal maintained a fast momentum to reach 47.27 million tonnes in 2010, making China to become the fastest and one of the largest coking coal importers in the world.
The coking coal demand, 2011, in China will continue to keep its strongest absorption. Facing the quick recovery of global economy and the coal production slump from the world's first exporter Australia caused by the flooding, is it possible for China or other steel producing countries to get enough coking coal this year? Can global coking coal production meet the demands? Will the global coking coal price surge or not?
China Coal Resource (CCR) called on the industrial experts, analysts and researchers at home and abroad to gather in Shanxi, the largest coking coal production base of the world, to make further communication and discussions on these hot issues.
Meanwhile, delegates from investment, securities, coking coal producer, steel maker, coal logistics to other related industries will also present at this meeting. Hereby we are delighted to welcome our international partners joining us for this forum.
(sourced:en.sxcoal.com)
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