Coal exports in the month were valued at AUS$4.26 billion in February, an increase of 76% compared to the year before.
Trade & transport
Approximately 50 000 jobs have been created in the country following the signing of a Memorandum of Understanding regarding the supply of phosphate between Nigeria and Morocco.
Encanto Potash Corp. has confirmed the receipt of three separate requests for potash quotes from India.
BC Iron Ltd and Kalium Lakes Ltd have advised that the companies have entered into a joint venture agreement over Kalium’s 100% owned Carnegie Project.
The US Geological Survey (USGS) has compiled phosphate rock and potash data by calendar year and crop year.
Mongolia’s National Development Agency approves an 18 month extension for the completion of Aspire Mining’s Erdenet to Ovoot railway.
Aspire Mining through its rail subsidiary, Northern Railways, receives the first stage feasibility study from China Railway FSDI for the Erdenet to Ovoot Railway in Mongolia.
Geo Energy Resources amends its long-term LOM coal purchase agreement with ECTP to supply more 4200 GAR thermal coal for the entire lifespan of Geo Energy’s SDJ coal mine.
Aspire Mining commences the first stage of the rail feasibility study for the Erdenet to Ovoot railway and expects it to be completed by December 2016.
Anthracite developer, Atrum Coal, has signed a non-binding MoU with a European manufacture of specialised carbon products.
Paringa Resources successfully amends its coal sales agreement with LG&E and KU for coal to be delivered from its proposed Buck Creek No.2 mine rather than its No.1 mine in Kentucky, US.