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Nippon Steel Seeks to Cancel Iron Ore, Coking Coal Shipments (Bloomberg)

Dec. 2 (Bloomberg) -- Nippon Steel Corp. , the world’s second-largest maker of the metal, is asking mining companies to cancel some deliveries of iron ore and coking coal as it reduces production, two people familiar with the requests said.

2 Dec 2008, 12:17 am | click here to view more

Tenaga up on lower coal price (Business Times (Malaysia))

SHARES of Malaysian power firm Tenaga Nasional gained 2.54 per cent in trading today on hopes that a falling coal price may guide to more earnings upgrades for the company.

1 Dec 2008, 9:54 pm | click here to view more

Malaysia Hot Stock-Tenaga gains on lower coal price (Reuters via Yahoo! Malaysia News)

KUALA LUMPUR, Dec 2 (Reuters) - Shares of Malaysian power firm Tenaga Nasional gained 2.54 percent in trading on Tuesday on hopes that a falling coal price may guide to more earnings upgrades for the company.

1 Dec 2008, 9:37 pm | click here to view more

Newcastle Coal Exports Rise 59%; Ship Queue at 5-Month High (Bloomberg)

Dec. 2 (Bloomberg) -- Coal exports from Australia’s Newcastle, the world’s biggest export harbor for the fuel, rose 59 percent last week while the number of ships waiting outside the port jumped to the highest in almost five months.

1 Dec 2008, 7:22 pm | click here to view more

Shell, Anglo Put A$5 Billion Coal-to-Liquids Project on Hold (Bloomberg)

Dec. 2 (Bloomberg) -- Royal Dutch Shell Plc and Anglo American Plc put on hold plans to develop a A$5 billion ($3.2 billion) coal-to-liquids project in Australia, citing a rise in capital spending estimates and “escalated” construction costs.

1 Dec 2008, 7:00 pm | click here to view more

Rio May Scale Back Plans to Expand Queensland Coal, Review Says (Bloomberg)

Dec. 2 (Bloomberg) -- Rio Tinto Group is set to scale back plans to almost double coal output in Australia’s Queensland state as part of global spending cuts, the Australian Financial Review reported, without saying where it got the information.

1 Dec 2008, 3:02 pm | click here to view more

Churches in anti-coal power call (BBC News)

Three churches call on the government to turn away from investment into coal-fired power stations such as Kingsnorth.

1 Dec 2008, 12:32 pm | click here to view more

Rants and Raves: Shame and coal for the person who scolded Jags (The Florida Times-Union)

To the ranter who complained that the Jaguars "hobnob" at Operation Blessing instead of with season-ticket holders: I wish you were embarrassed when you saw your foolish words in print. Shame on you. You deserve less than a lump of coal in your stocking this Christmas.

1 Dec 2008, 11:51 pm | click here to view more

Six coal research projects selected (UPI)

WASHINGTON, Dec. 1 (UPI) -- The U.S. Department of Energy says it has selected six university-proposed projects below its University Coal Research Program.

1 Dec 2008, 11:01 am | click here to view more

Waratah Coal accepts Mineralogy offer (Business Day)

Waratah Coal has accepted a revised $C100 million ($A126m) takeover offer from the company owned by Australia's wealthiest individual, billionaire Clive Palmer.

1 Dec 2008, 10:39 pm | click here to view more


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