The quality of Australia’s thermal coal has significant advantages over other countries, including fewer carbon emissions, according to a Minerals Council of Australia (MCA) report.
Australia’s coal industry could lose $US25 billion ($32 billion) per year if coal mines become stranded assets in response decarbonisation targets, researchers from Imperial College Londo, Queen Mary University of London and Deloitte have found.
Newcastle thermal coal futures have risen to their highest price since July 2018 at $US121.25 ($156.50) per tonne on Wednesday, off the back of increasing demand of the commodity in Asia.
Demand for Australia’s key mineral and energy commodities has been expected to accelerate towards 2030, according to a report commission by the Minerals Council of Australia.
A Federal Court judge has thrown out proceedings that would prevent Whitehaven Coal’s Vickery extension project in New South Wales from receiving Environment Minister approval.
Australian coal exports have continued to steadily rise in value since overcoming China’s ban on the commodity last year, data from the Australian Bureau of Statistics has revealed.
New Hope Group has flagged that the monthly average thermal coal price at its New South Wales operations have increased by 78 per cent since September 2020.
Frontier Automation’s flagship product 3DReclaim is tailor made for reclaimers for use in stockyards of iron ore, coal and other mining or bulk material handling facilities.
In the wake of record-high copper, iron ore and steel prices, Chinese Premier Li Keqiang has made clear the country’s need to control the commodities to ensure China’s economic stability.
The Minerals Council of Australia (MCA) has estimated that tax payments and royalties from the minerals sector reached $39.3 billion in 2019-20.
Orica has put subsidiary Minova up for sale following hampered market conditions and the halving of overall earnings.
Australian Pacific Coal (AQC) has received an offer from major shareholder Trepang Services to buy properties and water rights at the Dartbrook coal mine in New South Wales for $33.7 million.
Legal charges have been issued against Coronado Global Resources in relation to the death of a worker at the Curragh coal mine in Queensland last year. An employee of contractor Thiess died in an incident at the mine while changing a tyre in the main workshop on January 12, 2020. Operations were suspended for five … Continue reading Coronado to face court over Curragh charges
China’s National Development and Reform Commission (NDRC) has suspended economic communications with Australia, which emphasises Beijing’s move away from Australian commodities.
BHP has ordered an initial proof of concept for Decipher’s rehabilitation solution from K2fly for use at its Hunter Valley Energy Coal operations in New South Wales.
Anglo American workers have started to re-enter the Grosvenor underground coal mine in Queensland for the first time since activities halted following an incident in May 2020.
Stanwell Corporation chief executive officer Richard Van Breda has revealed that the company plans to cut off its coal-fired assets as it transitions to renewable energy to meet emissions targets.
Yancoal has suffered a fall in coal production due to rain and flooding at its Hunter Valley mines in New South Wales.
Coronado Global Resources has returned modest production improvements as the company’s international portfolio shields it from Chinese import restrictions on Australian coal.
MetRes, a joint venture (JV) between Stanmore Coal and M Resources, has acquired the Millennium and Mavis Downs coal mine in Queensland from Peabody Energy.