A new report shows exports through Newcastle fell by close to 30 per cent in January, with the numbers coming ahead of the NSW reservation plan.
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Iron, coal provide temporary budget boost
Federal Treasurer Jim Chalmers says robust iron ore and coal prices have helped narrow Australia’s budget deficit for the last fiscal year by about $50 billion.
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Coal industry hot over thaw in royalty freeze
The Queensland Resources Council has slammed the Queensland Government’s decision to reimpose royalty taxes on coal, saying it would hit regional communities and businesses hard, forcing companies to rethink their future investment and employment plans.
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China demand for coal set to drop
Researchers from ANU have explored China’s plans to bolster energy security in the wake of the Russian invasion of Ukraine.
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Pembroke gets Olive Downs moving
Pembroke Resources has begun construction at the $1 billion Olive Downs steel-making coal project in Queensland’s Bowen Basin, which is set to create 1000 new local jobs.
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Coal predicted to exceed $100 billion annual export mark
The 2021-22 Australian resources and energy export earnings forecast shows that figures will soar to a record-high of $425 billion.
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Coal communities confident in royalties return
The New South Wales Parliament has passed legislation giving the Royalties for Rejuvenation Fund an expert panel to guide the use of funds through coal mining communities.
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Bowen Coking Coal gets environmental win
Bowen Coking Coal’s Isaac River project in the Bowen Basin has been granted a site-specific Environmental Authority from the State Government.
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Thiess gets $300m renewal in Indonesia
Thiess has been awarded a $300 million three-year contract renewal at Harum Energy’s Mahakam Sumber Jaya coal mine in Indonesia.
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Whitehaven coal donated to Ukraine, Russian sanctions ramp up
The Federal Government has increased its support of an embattled Ukraine while further sanctioning the invading Russia, with several mining companies chipping in for the cause.
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Coffee can replace coal in steel making: UNSW
The University of New South Wales has published three papers in favour of replacing coal with coffee grounds and hydrogen in its patented Green Steel technology.
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FLSmidth sets sail for Port of Gladstone
FLSmidth will build Gladstone Ports Corporation’s new shiploader 1 and decommission the old shiploader in a safe and sustainable manner.
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Dartbrook coal mine finally wins five-year extension
Australian Pacific Coal has been granted a five-year extension for mining operations at Dartbrook coal mine following years of legal battles.
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How high can it go? Coal forecasts exceed $500/t
An independent energy research company expects coal prices to rise above $US500 per tonne in 2022, as the world cuts off Russian resources.
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Coal exports more than double
The ABS latest International Trade in Goods and Services data shows total coal exports increased 159 per cent on the same period last year.
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New Acland delays costing Queensland: QRC
The Queensland Resources Council (QRC) is calling on the State Government to finalise approvals for the New Acland Mine Stage 3 project, as coal prices surge on the back of Russia's invasion of the Ukraine.
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Coal price responds to Russia in a big way
The Newcastle coal futures broke through the $US400 per tonne barrier in response to Russian sanctions this week, more than doubling since the start of 2022.
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Glencore one step closer to Glendell extension
Glencore has received DPIE recommendation for its Glendell Continued Operations project in the Upper Hunter Valley of NSW to be approved.
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NSW coal defies odds in challenging year
With robust international demand in 2021, the New South Wales coal sector weathered the COVID pandemic and market changes and emerged with positive export volumes and jobs.
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La Niña to bring more heavy rain to mining areas
The Australian Bureau of Meteorology has forecast the La Niña weather pattern will continue causing disruptions to the mining sector.
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