UK economy shrinks by record 20.4pc in April

The UK economy suffered its biggest monthly contraction on record in April, with the country's GDP shrinking by a fifth during the first full month of its Covid-19 lockdown.

Tuesday, June 16, 2020

US coking coal risks possible overcapacity

US coking coal mining firms were put in a position of running up high inventories at the start of the third quarter.

Tuesday, June 16, 2020

Queensland fast tracks Valeria coal mine

The Queensland government will fast track approvals for Switzerland-based mining firm Glencore's A$1.5mn ($1bn) Valeria thermal and coking coal mine, as it seeks to boost the state's economy in the wake of the Covid-19 pandemic.

Tuesday, June 16, 2020

Ministry says China aims to bolster trade ties with ASEAN

As China undergoes a recovery, its rising demand could further stimulate its imports of ASEAN member economies' commodities and manufactured goods, including integrated circuits, agricultural products, natural rubber, iron ore, coal and copper in the second ha...

Monday, June 15, 2020

China Taiyuan coal transaction price index up 0.58 pct

China Taiyuan coal transaction price index stood at 124.43 points Monday, up 0.58 percent week on week.

Monday, June 15, 2020

BHP alters South Flank iron ore to guard heritage sites

UK-Australian resources firm BHP is altering its 80mn t/yr South Flank iron ore project in the Pilbara region of Western Australia (WA) after a pledge not to destroy heritage sites in the mining area.

Monday, June 15, 2020

Iron ore concentrate: Floating prices flat

Iron ore concentrate floating prices were flat this week as buyers remain price sensitive on high-grade ores following gains in the underlying 65pc fines index.

Monday, June 15, 2020

EC opens anti-subsidy probe on Turkey HRC

The European Commission (EC) has opened an anti-subsidy investigation into imports of hot-rolled coil (HRC) from Turkey.

Monday, June 15, 2020
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