thermal coal
News
Itochu to exit thermal coal business by 2024
Itochu Corporation plans to start divesting its thermal coal mining assets in Australia from this year.
January 14, 2021 0 comment
Sedgman wins $120m thermal coal contract extension
CIMIC Group subsidiary Sedgman has received a $120 million contract extension at Mach Energy’s Mount Pleasant thermal coal mine in New South Wales.
January 4, 2021 0 comment
Whitehaven bolsters Winchester South ambitions
Whitehaven Coal is anticipating a 50 per cent boost in production and processing capacity from the $980 million Winchester South coal project in Queensland.
December 17, 2020 0 comment
TerraCom rides thermal coal recovery
TerraCom has delivered strong operational results at its Blair Athol mine in Queensland despite a challenging thermal coal market.
December 11, 2020 0 comment
Winners of the 2020 Prospect Awards: Moolarben Coal takes home top honour
The 2020 Australian Mining Prospect Awards have proceeded despite this year’s challenges, to honour the best and brightest in the industry.
November 24, 2020 0 comment
Glencore, Yancoal JV to slash Hunter Valley coal workforce
Joint venture (JV) partners Yancoal and Glencore are set to stand down contract staff at their Hunter Valley coal operations in New South Wales.
November 17, 2020 0 comment
China coal imports from Australia cut in half
China’s coal imports have dropped by 47 per cent in October compared with the corresponding period last year as trade tensions with Australia worsened.
November 10, 2020 0 comment
Asian thermal coal demand to reach a billion tonnes a year
The Minerals Council of Australia (MCA) has stressed that Australia must adapt to emissions-reducing technology to meet growing seaborne thermal coal demand in the Asia Pacific region.
October 30, 2020 0 comment
Whitehaven to delay investment decisions amid coal slump
Subdued coal markets have forced Whitehaven Coal to be cautious in allocating its capital to expansion, the company stated in its September quarterly report.
October 15, 2020 0 comment
Stanmore committed to Isaac Downs despite weaker prices
Stanmore Coal has cushioned itself from the blow of plunging thermal coal prices by concentrating its operations on metallurgical coal.
October 5, 2020 0 comment
Yancoal streamlines operations amid pandemic
Yancoal is closely monitoring the condition of international coal markets to best assess how its business will be impacted for the remainder of 2020 and beyond.
September 22, 2020 0 comment
BHP to offload QLD, NSW coal assets
BHP has announced it plans to sell a number of coal assets as the company looks to simplify its portfolio.
August 19, 2020 0 comment
Anglo American flags thermal coal exit
Anglo American chief executive Mark Cutifani is mulling over the company’s exit from its South African thermal operations.
August 4, 2020 0 comment
Glencore’s fall in coking coal output softened by thermal coal
Glencore has greeted 2020 with a steep decline to its Australian coking coal production, but its thermal coal portfolio offset the blow.
May 5, 2020 0 comment
Westpac to scrap thermal coal funding
Westpac plans to back out of thermal coal mining by 2030 in a move to fulfil the bank’s zero emissions targets.
May 5, 2020 0 comment
Glencore to deplete coal resource base
Glencore has suffered through trade uncertainty during 2019, despite most assets performing as anticipated.
February 24, 2020 0 comment
Yancoal predicts coal volatility in 2020
Yancoal has temporarily suspended operations at several Hunter Valley mines in New South Wales for a few days due to poor air quality resulting from bushfires.
January 17, 2020 0 comment
Will coal get a chance to breathe in climate-aware future?
Rising energy demand and climate concerns are facing off over the continuity of coal production in Australia.
January 10, 2020 0 comment
South32 to shed South Africa thermal coal with Seriti deal
South32 is set to divest its thermal coal assets in South Africa Energy Coal (SAEC) to Seriti Resources in an upfront payment deal worth around ZAR100 million ($9.8 million).
November 7, 2019 0 comment
Australia to target India as biggest potential coal market
India has been flagged as the market with the greatest potential for Australia’s thermal coal, as the country continues its consumption of the commodity in order to meet increasing energy requirements.
August 23, 2019 0 comment