Russia’s Mechel to Sell US Business
Reuters reported that Mechel OAO (MCX:MTLR,NYSE:MTL), Russia's biggest producer of coal for the steel industry, has hired JPMorgan Chase & Co. (NYSE:JPM) to sell Mechel Bluestone, its United States...
View ArticleMechel’s Q2 Coal Production Up 9 Percent from Q1
Reuters reported that second-quarter coal production for Russia's Mechel OAO (MCX:MTLRP,NYSE:MTL) came in at 7 million tonnes, up 9 percent from the previous quarter. Continue reading...
View ArticleCoal 101: A Look at Lignite
Here's a look at what lignite is, what it's used for and where it's mined. Continue reading...
View ArticleEurope Looks to Coal as Threats to Energy Security Rise
Oilprice.com wrote on Sunday that the recent crisis in Ukraine has Europe considering coal as a way to improve its energy security. Although many European countries have vowed to cut greenhouse gas...
View ArticlePolish Blockade Against Russian Coal May End
Though polish miners have been blocking a railway for trains carrying Russian coal across the border, RT News reported that the workers may end their blockade after reaching a deal with the government...
View ArticleUkraine Will Need Russian Coal This Winter
Despite efforts to reduce dependence on Russia, Ukraine will likely need to buy coal from Russia to get through the winter, Reuters reported.Continue reading...
View ArticleUkraine Faces a Cold Winter on Lack of Coal Supplies
Ukraine is likely to be dangerously short of coal this winter, according to Reuters. The country has already declared a state of emergency in its electricity market, and can't get coal from Russia as...
View ArticleAustralia May Sell Coal, Uranium to Ukraine
Mining Weekly reported that Tony Abbott, Australia's prime minister, has raised the possibility of his country exporting coal and uranium to Ukraine. The move could help Australia lower its dependence...
View ArticleRussia’s New Coal Export Terminal Bad News for Australia
Australian Mining reported that Russia plans to start building a new coal export terminal to send more of the fuel to Asia Pacific nations. That's bad news for Australia, which is suffering as...
View ArticleLargest Coal Mine in Russia Opens in Siberia
The Siberian News reported that Russia's largest coal mine, which is to have a 167-year mine life, has been officially opened in Southern Siberia.Continue reading...
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