Industry Focus

2016.12.14

Indian Power Sector: Coal will continue to Dominate through to 2040

Coal will continue to make the largest contribution to electricity generation in India through to 2040 The World Coal Association (WCA) has welcomed news that Moody's has upgraded the outlook for India's power sector to stable from negative in view of surge in domestic coal production. The government wants Coal India to ...

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2016.12.07

WCA welcomes Moody’s upgraded outlook for India’s power sector

The World Coal Association (WCA) has welcomed news that Moody's has upgraded the outlook for India's power sector to stable from negative in view of surge in domestic coal production. The ratings agency announced this in its outlook investors service report Power Sector - Asia Pacific: 2017 Outlook-Rising Industry Challenge...

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2016.11.29

China Is Shifting to the ‘Smart Factory of the World’

China has been one of the world’s fastest-growing economies for three decades, and much of that success has come from the amazing growth in its manufacturing sector. However, in recent years China’s manufacturing sector has seen a significant slowdown, as overcapacity, increasing labor costs and the transition into a more de...

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2016.11.15

Half of UK Electricity Comes From Low-carbon Sources for First Time Ever

More than half of the UK’s electricity has come from low-carbon sources for the first time, a new study has found. The research from energy company Drax, which operates a biomass power station, found electricity from low-emission sources had peaked at 50.2 per cent between July and September. It comes after the Governmen...

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2016.10.27

Thermal Coal Just Hit $100 Per Tonne and may Stay This High until 2017

The amazing rally in thermal coal reached a whole new level Tuesday after Australian spot prices hit $100 per tonne for the first time since 2012. While some experts have indicated current prices won’t last, others such as Indonesia’ Coal and Minerals Director Bambang Gatot believe they will stay as high as they are now u...

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2016.10.24

Rio Tinto to Ship Less Iron Ore Despite Increased Demand from China

Mining giant Rio Tinto (LON, ASX:RIO), the world’s second-largest iron ore producer, lowered its forecast on full-year exports from Australia, despite China’s recent spike in demand is supporting prices of the steelmaking material.The diversified miner said third-quarter shipments from Australia fell 2% from the previous qua...

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