Mozambique Mining: Vale to ship first metallurgical coal cargo through Nacala Coal terminal

Brazilian mining major Vale had fixed a vessel to carry a 70,000 mt (plus/minus 10%) metallurgical coal cargo from Nacala in Mozambique to Port Kembla in Australia loading between July 13 and 15, market sources said Thursday. Advertisements

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Global Industry: “Met coal will remain strong in 2017 and beyond” – Analyst

Some analysts see demand for metallurgical coal slackening off once China eases limits on production but those policies will still impact prices this year. Clarksons Platou Securities analyst Jeremy Sussman told Bloomberg this week metallurgical coal was still his pick of commodities.  

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Global Markets: China’s coke exports surpass 1m tonne for a second month

China exported 1.07 million tonnes of metallurgical and semi-finished coke in January, according to preliminary customs data released on Sunday February 8. This is the highest monthly level for such exports since the country scrapped a 40% export tax in January 2013, as reported by SteelFirst.

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Coal Markets: India demand for coking coal to rocket

BHP Billiton has predicted a booming market for its Australian metallurgical coal operations as India begins to suck in imports for its fast-growing steel industry.

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Mozambique Mining Industry: Vale sees Q3 met coal output drop 4%

Vale produced 1.76 million tonnes of metallurgical coal in the third quarter of 2014, the Brazilian miner said on Thursday October 23. The miner’s Moatize operations in Mozambique produced a total of 828,000 tonnes of metallurgical coal in the same period.

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Mozambique Oil & Gas Industry: NuEnergy Gas targets coalbed methane reserves in the country

NuEnergy Gas has signed an exclusive agreement with a Mozambican company to explore and develop coalbed methane (CBM). Exploration activities will be undertaken in the Tete Province, the Australia-based company added.

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Global Coal Mining Industry: Are These Signs of Coal’s New World Order?

A few interesting data points from different parts of the world in coal this week. Which could be signalling a big change underway in global production patterns.

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