Less than 3 years after Vale and Rio Tinto unveiled their breakthrough projects in Mozambique’s coking coal industry, it’s possible that a second round of exploration could see additional supply made available. South African Coal Report has more.
Coal producers in Asia and the US confirm that Chinese interest in metallurgical coal has picked up strongly in the last few weeks. Marian Hookham from Energy Publishing Asia Pacific looks at the reasons why.
The world’s coking coal producers had been hoping to tie up settlements at last week’s Empowered Joint Committee but a buyer falling coking coal prices and a backlash against quarterly pricing saw all but BMA walk away empty handed.
With vast coking coal deposits, developers from around the world have been eagerly anticipating securing a foothold in Mongolia. Increasingly there are signs the bountiful Tavan Tolgoi development will be opened to foreign investment.
CialPort announced today further progress in their development goals for the first modern coal, bulk goods and bunker fuel focused port facility to be located in the main Pacific port city of Buenaventura, Colombia.