Monday, March 4, 2013

Hu Shuli on what the rail ministry re-org means:
铁路改革的信号意义


Rumors about the structure of new rail ministry
传铁道部将分拆为国家铁路总局和中国铁路总公司


China Clean-Air Policies Seen by Deutsche Cutting Coal Trade 18%
Bloomberg
Michelle Wiese Bockmann
Global shipments of thermal coal could be 18 percent lower than forecasted by 2015 should China, the biggest importer, toughen measures to curb air pollution to safe levels, Deutsche Bank AG said.
. . . The potential revisions to coal demand as a result of a higher resource tax and levies on carbon and other emissions would likely reduce coal import demand markedly, and possibly even return China to the status of net exporter, which last occurred in 2008,” according to the report. 

Colombia Lifts Port Ban on Drummond Coal Shipments

Colombia's government has ended a nearly monthlong ban on coal shipments by the U.S. -based Drummond Co. that was imposed after it dumped tons of coal into the ocean at a Caribbean port.
....Drummond produces 24 million metric tons of coal in Colombia from an open pit mine near the Caribbean and moves the coal by train to a port near Santa Marta. It is the South American country's No. 2 producer of coal, accounting for nearly a quarter of output.

Colombia top coal mine reaches accord that may end strike
A union representing workers at Colombia’s biggest coal mine said it reached a preliminary wage accord that may end a monthlong strike at the complex owned by Xstrata Plc, BHP Billiton Limited and Anglo American Plc.