The market research firm states that despite coal being an increasingly targeted commodity on environmental protection grounds, the demand remains strong.
Shandong's Environmental Protection Bureau said it would cut pig iron production capacity by 600,000 tonnes and crude steel by 3.55 million tonnes by the end of this year.
They were said to be investigating a private Russian security company operating in CAR as well as Russia’s interests in the local diamond, gold and uranium sectors.
Despite President Donald Trump’s repeated assertions of its bright future, coal mining is a dying industry and the secret to a long life in this twilight era is accepting mortality.
BHP Billiton last week agreed to sell its U.S. shale oil and gas assets for $10.5 billion, while Rio Tinto appears on track to exit its troubled investment in the giant Grasberg copper and gold mine in Indonesia for about $3.5 billion.