• Fri
  • Jul 11, 2014
  • Updated: 8:03pm

Hunter Valley Coal Chain

No end in sight for mainland blackouts

The mainland faces power blackouts again this year, despite predictions that growth in consumption will slow on the back of a downturn in economic growth.

Wednesday, 8 February, 2012, 12:00am

Rising coal prices may spur cost-cutting

Mainland power companies face mounting pressure to cut costs and improve efficiency as coal prices are set to rise by around 10 per cent next year but power tariffs remain capped to help the fight against inflation.

10 Dec 2007 - 12:00am

Coal buyers and sellers to negotiate prices freely

The central government has for the first time done away with an annual meeting for coal producers and buyers to settle next year's fuel contracts, signalling an intention to further liberalise the pricing of a key energy commodity that affects the well-being of all sectors in the economy.

27 Dec 2006 - 12:00am

Regulator makes about-turn on policy

Commission seeks to let power firms continue to raise tariffs

The central government has proposed extending a policy allowing power firms to raise tariffs to offset coal cost increases in a bid to break a deadlock between coal and power producers over coal contract negotiations and avert a power crisis.

11 Feb 2006 - 12:00am

Soaring coal prices fire Shenhua profit

Net income surges to 7.8 billion yuan in the first half, driven by robust sales

Soaring coal prices have taken a heavy toll on mainland power producers and heavy industries, but H share China Shenhua Energy, the country's largest coal producer, has emerged as a key beneficiary.

29 Aug 2005 - 12:00am

Electricity firms face squeeze over coal cost rises

Mainland power firms face a profit margin squeeze this year as coal prices are expected to rise due to tight supply, despite the government's repeated attempts to intervene, according to analysts.

8 Jan 2005 - 12:00am

Producers win power game play

Mainland coal producers have welcomed a government intervention that has given them more leeway to increase prices charged to power stations. The government is trying to ease bottlenecks.

It is the second increase since August, when producers were allowed an 8 per cent increase and renegotiations on signed coal contracts.

9 Dec 2004 - 12:00am

Oil fuels Yanzhou earnings

Volatile oil prices helped to drive H share Yanzhou Coal Mining's net profit 24.59 per cent higher to 446.99 million yuan (about HK$418.82 million) in the six months to June 30.

Export volume rose 41.4 per cent to 5.7 million tonnes as more industries turned to coal for fuel.

Export coal prices surged 13.8 per cent year on year.

27 Aug 2001 - 12:00am

Black gold loses its lustre

The road between Dongsheng and Baotou is like a coal conveyor belt - hundreds of huge blue trucks overladen with the black gold, bumping their way from the mines to loading yards in Baotou, a major rail terminus.

29 Aug 1998 - 12:00am

Steam coal to lead growth in bulk trade

Worldwide bulk trade and shipping is forecast to grow considerably over the period to 2010 but the growth will not be uniform for different commodities and different classes of vessels, a study shows.

2 Jul 1997 - 12:00am