News: Coal & Allied Industries Ltd (CNA.AX)

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Mon, Jul 20 2009

UPDATE 1-Australia coal port says plans to cut shipping quotas

* Cuts subject to approval of long-term queue management plan (Adds details, background)

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Coal&Allied eyes semi-soft coking coal demand rise

SYDNEY, April 17 (Reuters) - Australia's Coal & Allied Ltd said on Friday it anticipated a pick-up in demand for semi-soft coking coal later this year as steelmakers use more for blending in blast furnaces, though sales will still be down 10-15 percent.

Exports at Australia Newcastle coal port fall on storm

PERTH, April 7 (Reuters) - Coal exports from Australia's Newcastle port, the world's largest coal export terminal, fell roughly 18 percent last week to a 4-½ month low, as rough seas disrupted shipping for about two days.

Caution is king in outbound India resources deals

HONG KONG/MUMBAI (Reuters) - Indian resources giants such as Oil and Natural Gas Corp are likely to hoard cash and shun big overseas deals despite market expectations they should seize distressed firms struggling in the financial crisis.

UPDATE 1-Australia coal port eases shipping restrictions

PERTH, April 2 (Reuters) - Australia's Newcastle port, the world's largest coal export terminal, said it had eased shipping restrictions on Thursday as sea conditions had improved after a storm.

UPDATE 1-Storms disrupt Australia's coal port, slows mining

PERTH, April 1 (Reuters) - A severe storm that has formed off Australia's eastern coast has halted shipping at the world's largest coal export terminal and was limiting production at some coal mines.

Australia's Newcastle coal port restricted by storm

PERTH, April 1 (Reuters) - Australia's Newcastle port, the world's largest coal export terminal, has halted shipping due to rough seas caused by a storm, the port said on Wednesday, and would review conditions later in the day.

Rio chairman-elect quits over Chinalco deal

MELBOURNE/SHANGHAI (Reuters) - Rio Tinto Ltd/Plc director Jim Leng has quit and will not become chairman as had been planned after objecting to a potential deal with the mining group's top shareholder, state-run Chinese aluminum maker Chinalco. | Video

UPDATE 6-Rio chairman-elect quits over Chinalco deal

MELBOURNE/SHANGHAI, Feb 9 (Reuters) - Rio Tinto Ltd/Plc director Jim Leng has quit and will not become chairman as had been planned after objecting to a potential deal with the mining group's top shareholder, state-run Chinese aluminium maker Chinalco.

Rio Tinto in talks with Mitsui on asset sale-paper

SYDNEY, Feb 9 (Reuters) - Global miner Rio Tinto Ltd is in talks with Japanese trading company Mitsui & Co over the sale of an unidentified Rio Tinto asset as Rio looks to cut debt, an Australian newspaper said on Monday.

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