China data boosts iron ore futures, traders optimistic
NewsTotal shipments from Australia and Brazil – significant iron ore suppliers – decreased by 12.5% week-on-week to 22.08 million tons for the week ending March 18.
America West Resources to acquire a Chinese coking coal plant
NewsUS coal producer America West Resources has signed a binding Letter of Intent to acquire the coking coal operations (Luxin) of Shanxi Jiexiu Luxin Coal Gasification Company (Shanxi Jiexiu), an established diversified holdings company based in Shanxi Province, China, which also owns coal mines and a major coal trading operation.
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