TerraCom launched its bid for each Universal share held during the past week
Both companies had started exclusive discussions on GKEL during October last year
The site is set to produce over 20 million tons of coal per annum from…
Capital excess following any sales must be used for debt payment
First batch of commercial coal auctions to be launched by mid-March
Various measures have been discussed with stakeholders to achieve the desired production levels
Nationwide coal stocks had surpassed 5 million tons by the end of 2019
Thermal coal output in Colombia and South Africa, however, declined year-on-year
Company was tasked with drilling more than 10 lakh meters in 2019/20
Oyu Tolgoi is currently sourcing power from China's Inner Mongolian Western Grid
Prices have shifted across the nation
Nation’s mining investment fell below IRD 60 trillion in 2019
Daily consumption at six major coastal utilities neared 400 thousand tons during the beginning of…
Handling of grain cargo via this route surged strongly over the decade
Only maintenance and repair-related activities have been allowed to continue
Company expects wholesale prices to continue to decrease in 2021
Until December 2019, the company had awarded over 40 million tons of coal through auctions
In the first half of the current fiscal, the coal segment was balanced by robust…
Over USD 50 million were spent to sustain to the company’s fleet
The company will be handling a bulker for mineral exports
Front-quarter API 2 contract rose over USD 1
Company has shifted its focus towards topsoil removal in order to expose coal
Company’s income surpassed INR 1 thousand crore during that same time period
New equipment sales tumbled by double digits
Company profits had declined for the second consecutive quarter in 4Q2019
Company’s profits tanked in 2H2019
Government seeks to remove the limit for special mining licenses
Prices remained stable across the nation
The country aims to offset reduced hydroelectric generation
Nationwide coal imports surged to upwards of 20 million tons in November 2019
Coal-to-gas shift plans and E.U’s climate policies both impacted the decision
Production fell below 150 million tons during this time period
Universal's shareholders were advised to not give a response
Company blames major temporary tax increases for its reduced revenues
Company seeks to mine over 30 million tons of coal per year from central Queensland
Company’s initiative to assign coal blocks for other states to be reviewed as well
Prolonged outage at its Loy Yang A coal-fueled plant drove the group’s profits down
Most deliveries in 2018 were shipped to China
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