Anglo American is the second company to separate itself from its South African thermal coal assets following a similar move by South32 last week.
BHP plans to seek approval for an extension of operations at the Mount Arthur thermal coal mine in New South Wales to 2045 despite recent efforts to sell the asset.
Is a balanced mix between thermal coal and renewable energy the answer to the world’s needs? Vanessa Zhou speaks with Bravus and Yancoal to discuss the appeal and sustainability of thermal coal as a mined commodity.
Aurizon Holdings is confident of the long-term demand for Australian coal from international markets despite a 10 per cent drop in exports during the second half of last year.
Glencore has suffered a blow to its Australian coal production across all product categories during the second half of last year.
Anglo American has reported a 33 per cent drop in its export metallurgical coal production in the December quarter compared with the prior corresponding period.
Australia has overcome China’s alleged coal import ban, with its coal exports increasing during December, according to Australian Minister for Resources, Water and Northern Australia Keith Pitt.
Yancoal has flagged the possibility of an underground operation at the Mount Thorley Warkworth thermal and coking coal project in New South Wales.
Itochu Corporation plans to start divesting its thermal coal mining assets in Australia from this year.
CIMIC Group subsidiary Sedgman has received a $120 million contract extension at Mach Energy’s Mount Pleasant thermal coal mine in New South Wales.
Whitehaven Coal is anticipating a 50 per cent boost in production and processing capacity from the $980 million Winchester South coal project in Queensland.
TerraCom has delivered strong operational results at its Blair Athol mine in Queensland despite a challenging thermal coal market.
The 2020 Australian Mining Prospect Awards have proceeded despite this year’s challenges, to honour the best and brightest in the industry.
Joint venture (JV) partners Yancoal and Glencore are set to stand down contract staff at their Hunter Valley coal operations in New South Wales.
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.
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.
Subdued coal markets have forced Whitehaven Coal to be cautious in allocating its capital to expansion, the company stated in its September quarterly report.
Stanmore Coal has cushioned itself from the blow of plunging thermal coal prices by concentrating its operations on metallurgical coal.
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.
BHP has announced it plans to sell a number of coal assets as the company looks to simplify its portfolio.