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Jinneng's 2023 net profit grows 8.27% YoY

2024-04-28 16:36:24 Company, Production & Sales sxcoal.com

Jinneng Holding Shanxi Coal Industry Co., Ltd. achieved a net profit of 3.30 billion yuan ($455.3 million) in 2023, an increase of 8.27% from the previous year, according to the company's annual opera...

Mengdian Huaneng 2023 revenue dips 2.34% on yr

2024-04-28 17:57:41 Cost & Profit sxcoal.com

Inner Mongolia Mengdian Huaneng Thermal Power Corp Ltd., an arm of power/coal producer China Huaneng Group, achieved operating revenue of 22.53 billion yuan ($3.1 million) in 2023, declining 2.34% com...

Yancoal Australia's Q1 raw coal output down 18% YoY

2024-04-28 16:13:13 Company, Import & Export, Production & Sales, International sxcoal.com

Global miner Yancoal Australia's raw coal output hit 11.00 million tonnes on an equity basis over the first quarter (January-March) in 2024, increasing 33% year on year yet falling 18% from the previo...

Xinjiang's Q1 raw coal production up 7.7% YoY

2024-04-28 15:11:40 Production & Sales sxcoal.com

Xinjiang Uygur autonomous region in northwestern China produced 122 million tonnes of raw coal in the first quarter this year, up by 7.7% from last year, local media Xinjiang Daily reported.Thanks to...

China Coal Daily Track (Apr 28)

2024-04-28 17:07:44 Price, Thermal Coal, Coking Coal sxcoal.com

Thermal coalProduction area Thermal coal prices stayed firm in major producing regions. More mines suspended or cut production after completing monthly production tasks, constraining overall supply. M...

China's coal mining and washing industry Q1 profits down 33.5% YoY

2024-04-28 11:30:15 Cost & Profit sxcoal.com

Profits in China's coal mining and washing industry totaled 152.69 billion yuan ($21.5 billion) in January-March, down 33.5% from a year earlier, according to data from the National Bureau of Statisti...

CISA: China's steel industry needs to reduce inventory and secure margins

2024-04-28 14:19:30 Production & Sales, Cost & Profit sxcoal.com

China's steel sector currently faces high output, high costs, and high inventory levels, alongside low demand, low prices, and low margins, said Jiang Wei, vice chairman of the China Iron and Steel As...

Hebei quits 29 coal-fired power units to improve air quality

2024-04-28 09:45:37 Environmental Protection sxcoal.com

Northern China's Hebei province has shut down 29 coal-fired power generation units since the beginning of the 14th Five-year Plan period (2021-25), with a combined capacity of 2.79 GW, as part of effo...

India forecasts strongest power generation growth in over a decade

2024-04-28 10:45:12 Production & Sales, International sxcoal.com

India anticipated a robust year-on-year growth of 9.3% in power generation during the current fiscal year through March 2025, reaching 1,900 TWh, Reuters reported, citing the projections by India's fe...

Baosteel's net profit dips 2% last yr but rebounds 4.4% in Q1 2024

2024-04-28 17:28:49 Company, Production & Sales, Cost & Profit sxcoal.com

Baoshan Iron and Steel Co., Ltd. (Baosteel), a listed subsidiary of China Baowu Group, reported a net profit of 11.94 billion yuan ($1.68 billion) in 2023, down 2% year on year, according to the compa...

Jinneng's 2023 net profit grows 8.27% YoY

Mengdian Huaneng 2023 revenue dips 2.34% on yr

Yancoal Australia's Q1 raw coal output down 18% YoY

Xinjiang's Q1 raw coal production up 7.7% YoY

China Coal Daily Track (Apr 28)

China's coal mining and washing industry Q1 profits down 33.5% YoY

CISA: China's steel industry needs to reduce inventory and secure margins

Hebei quits 29 coal-fired power units to improve air quality

India forecasts strongest power generation growth in over a decade

Baosteel's net profit dips 2% last yr but rebounds 4.4% in Q1 2024

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