thermal coal

Australia’s resources exports delivered a record $248 billion in revenue in 2018, according to data from the Australian Bureau of Statistics (ABS).

Glencore Australia has overcome inclement weather and industrial action in the 2017 financial year to post a 7 per cent increase in annual coal production to 129.4 million tonnes for 2018.

Adani has revealed that 14,498 job applications were received for the Carmichael coal mine and rail project in Queensland by the end of December.

Adani has launched roadworks for access to the Carmichael coal project in Queensland despite delays securing a key environmental approval from the state government.

Black coal mining has been predicted by IBISWorld to be one of the Australian industries that will experience a decline in revenues this year as market conditions turn.

The QRC and CFMEU have joined forces to criticise an Australian Greens Party proposal to ban thermal coal mining in the Galilee Basin, Queensland.

Mach Energy has entered 2019 as Australia’s newest coal producer after reaching production at the Mount Pleasant project in the Hunter Valley, New South Wales in late December.

Adani has accelerated its search for employees to support the Carmichael mine and rail project in Queensland following the announcement that the development is now funded.

The Queensland resources sector is experiencing increased exploration spending, particularly in the coal sector, according to a report from the Queensland Exploration Council (QEC).

Adani Group’s move to self-fund development of the Carmichael mine and rail in Queensland is set to deliver on the company’s promise to create jobs and business opportunities in the state.

Rio Tinto chairman Simon Thompson and chief executive Jean-Sébastien Jacques have commented on the importance of tackling climate change issues.

An Institute for Energy Economics and Financial Analysis (IEEFA) report has taken a dim view of New South Wales’ thermal coal exports, believing they are on an irreversible downward trend.

Glencore has announced a restructure of the Hail Creek coal mine in the Bowen Basin, Queensland that will see 430 jobs at the operation slashed.

New South Wales’ Department of Planning and Environment has referred revised plans for a thermal coal mine development 55km from Mudgee to an independent planning commission for approval.

Pressure is building on the insurance industry to step away from the coal industry, potentially making some operations unviable.

Yancoal’s acquisition of Rio Tinto’s Coal & Allied business unit in New South Wales last year has paid off for the company.

Whitehaven Coal plans to continue growing its production profile in the Gunnedah Basin in New South Wales as demand for high-quality coal increases.

Whitehaven Coal is well placed to deliver record fiscal performance in the 2018 financial year as thermal coal prices have reached seven-year highs.

Golding Contractors will start production at Stanmore Coal’s Isaac Plains East mine in the Bowen Basin next month as part of a $93 million contract extension.

Demand for Australian thermal coal has been strong in recent months, according to TerraCom.