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UK economy shrinks by record 20.4pc in April
The UK economy suffered its biggest monthly contraction on record in April, with the country's GDP shrinking by a fifth during the first full month of its Covid-19 lockdown. |
US coking coal risks possible overcapacity
US coking coal mining firms were put in a position of running up high inventories at the start of the third quarter. |
Queensland fast tracks Valeria coal mine
The Queensland government will fast track approvals for Switzerland-based mining firm Glencore's A$1.5mn ($1bn) Valeria thermal and coking coal mine, as it seeks to boost the state's economy in the wake of the Covid-19 pandemic. |
Anglo restarts Australia’s Moranbah coking coal mine
UK-South African mining firm Anglo American has restarted its 6.5mn t/yr Moranbah North coking coal mine in Queensland, Australia, four months after a seam collapse forced its closure. |
Iron ore concentrate: Floating prices flat
Iron ore concentrate floating prices were flat this week as buyers remain price sensitive on high-grade ores following gains in the underlying 65pc fines index. |
Indonesia lifts coal export target: Update
The Indonesian government has raised its 2020 thermal coal export target and says it expects to meet its annual production goal this year, although the sector will still decline on the year as a result of weakening global demand driven by the coronavirus pande... |
China Taiyuan coal transaction price index up 0.58 pct
China Taiyuan coal transaction price index stood at 124.43 points Monday, up 0.58 percent week on week. |
Ministry says China aims to bolster trade ties with ASEAN
As China undergoes a recovery, its rising demand could further stimulate its imports of ASEAN member economies' commodities and manufactured goods, including integrated circuits, agricultural products, natural rubber, iron ore, coal and copper in the second ha... |
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