Solidifying Long-term Investments through Partnerships, Excellence Awards, Acquisitions, and Efficient Technologies - Research Report on Rio Tinto, Peabody, Teck, CONSOL, and POSCO
NEW YORK, June 24, 2013 /PRNewswire/ --
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Today, Wall Street Reports announced new research reports highlighting Rio Tinto plc (NYSE: RIO), Peabody Energy Corp. (NYSE: BTU), Teck Resources Limited (NYSE: TCK), CONSOL Energy Inc. (NYSE: CNX), and POSCO (NYSE: PKX). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Rio Tinto plc Research Report
On June 17, 2013, Rio Tinto plc (Rio Tinto) together with the leaders from the Republic of Guinea and IFC, a member of the World Bank Group, met in London on June 16, 2013 to discuss their project to develop Guinea's Simandou Blocks 3 and 4 projects. Simandou is a world-class iron ore mining project located in the south-east of Guinea. Rio Tinto develops the project in partnership with the Government of Guinea, Chalco and IFC. The partners affirmed their commitment to the Simandou Project and recognized the Project's importance to Guinea and to the other partners. The partners have previously established a working group to design the investment framework which will be the basis for seeking financing for the project. Further, they lauded the progress made so far by the working group and agreed to resolve outstanding issues as quickly as possible. The Full Research Report on Rio Tinto plc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/a590_RIO]
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Peabody Energy Corp. Research Report
On June 10, 2013, Peabody Energy Corp (Peabody) announced that Paul Griswold has been named "Reclamationist of the Year" by the American Society of Mining and Reclamation (ASMR) for his accomplishments in the evaluation and application of technology used in land restoration. Griswold is a Senior Environmental Technician at Peabody's flagship North Antelope Rochelle Mine in the Powder River Basin. He has developed a number of programs that combine applied reclamation science with sound ecological principles to achieve best practice. "Peabody has a world-class environmental team that is recognized for environmental excellence and sustainable practices that return land to its highest use," said Kemal Williamson, Americas President at Peabody Energy. "We are proud of Paul's leadership in establishing innovative practices that are respected among peers, regulators and throughout the industry." The Full Research Report on Peabody Energy Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/e81e_BTU]
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Teck Resources Limited Research Report
On June 11, 2013, Teck Resources Limited (Teck) announced that it has subscribed for and acquired an additional 20 million ordinary shares of Horizonte Minerals plc., (Horizonte) at a cost of £0.075 per ordinary share. Teck holds approximately 42.5% of the outstanding ordinary shares of Horizonte after the completion of this subscription. Teck's cost for the subscription was approximately (Canadian Dollar) CAD$2.4 million. The Company stated that the subscription was made for investment purposes and may otherwise determine to increase or decrease its investment in Horizonte depending on market conditions and any other relevant factor. The Full Research Report on Teck Resources Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/291b_TCK]
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CONSOL Energy Inc. Research Report
On June 14, 2013, CONSOL Energy Inc. (CONSOL) and the Port of Pittsburgh Commission announced the first wireless broadband network deployed on an inland waterway anywhere in the US. The Wireless Waterways (WW) links proprietary, stove-piped and stand-alone systems into a "system of systems" improving waterway safety and efficiency with the thousands of vessels navigating them daily, according to officials at CONSOL. The Company stated that WW is a physical device and application network for river commerce integrating real-time navigation information, cargo-tracking and waterway sensor operation. Al Aloia, Director of CONSOL Energy River Operations, said "CONSOL Energy's commitment to standards and safety, and an advancement in employee retention by providing our river crews the opportunity to stay in contact with family and friends while working on the boat." The Full Research Report on CONSOL Energy Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/b9c0_CNK]
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POSCO Research Report
On June 17, 2013, POSCO presented its plan to reduce electric power consumption in response to 2013 summer's electric power emergency state. The Company is partially lowering operation rates of electric furnaces, reducing the amount of electric power usage. With the adjustment in operating rates, the shortfall of melted iron will be provided by the recently completed Gwangyang Steelworks Furnace 1 to minimize loss. With this energy reduction plan, POSCO expects to secure a monthly maximum of 380,000 kilowatts (KWs) which is equivalent to a month of usage of 1 million homes, and approximately half of the electric power generation ability of the Shinwolseong 1 nuclear power plant which recently stopped operation. Also, the amount of electric power received from KEPCO will be reduced by more than 50%, which is much higher than the industry maximum goal of 15%. The Full Research Report on POSCO - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/519a_PKX]
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SOURCE Wall Street Reports
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