China major influence on coal industry

CHINA will remain the major influencing factor on the global coal industry for some time to come as urbanisation and capitalisation continue in the vast nation, albeit at a slower pace than during the mining boom. Industrialised Japan and South Korea are strong players while emerging economies in India and South East Asia are increasingly important markets for coal.

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Australian coal miners buoyed by prices

THE rally in coal prices over the past 12 months has prompted a rush to restart mothballed mines, resume mine expansion plans and launch new mines in coal mining centres around the world. The coal industry upturn has created thousands of jobs and provided fresh hope to mining communities and families whose fortunes nose-dived as prices plunged in 2014.

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Coal will remain part of energy mix

COAL will form part of the energy mix required to ensure reliable provision of electricity for many years to come, according to Centennial Coal managing director and CEO David Moult, but a key to the industry’s growth will be the adoption of new technology to enhance mining practices and make coal a cleaner product.

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