BlueScope considers tilt at South32 mines to pre-empt $2.5b sale
February 29, 2024
BlueScope is mulling whether to match the $US1.65 billion Indonesian bid for the Illawarra coal mines that feed the Port Kembla steel mill
Author: CoalNewswire
Uniper Says Germany Will Struggle to Meet 2030 Coal-Exit Goal
February 29, 2024
Germany will have difficulty achieving its goal of a coal phase-out by 2030, even as it plans to ramp-up H2-ready natural gas power plants
Indonesia & South Africa aim to regain lost share in Indian coal market
February 29, 2024
Top coal exporters Indonesia and South Africa are aiming to ramp up supplies of thermal coal to key buyer India, company executives said
Metinvest Reports Drop in Steel Production Amidst Russian Invasion
February 29, 2024
Ukrainian metals and mining group Metinvest recently reported a 31% decrease year on year in its crude steel production for 2023
China’s steel prices seen firming in March
February 29, 2024
China’s domestic steel prices are expected to rebound in March as market conditions and steel fundamentals will likely change for the better
Stanmore’s coal output was up 43% in 2023
February 29, 2024
Australian mining company, Stanmore, achieved total production of 13.2 mnt of saleable coal at full capacity in CY’23
South32 Sells Illawarra Coal Project for $1.65 Billion to Focus on Copper and Zinc
February 28, 2024
Australian mining company South32 announced the sale of its Illawarra metallurgical coal project in New South Wales for $1.65 billion
China’s Top Coal Producer Cuts Output Amid Safety Concerns
February 28, 2024
China Shenhua, the country’s largest coal producer, announced a 2.59% cut in its 2024 coal output target, raising questions about the future
Futura Resources Starts Production at New Queensland Coal Mine
February 28, 2024
Futura Resources has officially begun operations at its Wilton open-cut mine, marking it as Queensland’s newest coal producer.
The Suez situation is a sign of changing trade times
February 28, 2024
The Suez Crisis is a pivot point of a unipolar world turning on its axis as it fractures into new bloc formations in a post-Covid continuum
Eastern German states fret about hydrogen’s answer to coal
February 28, 2024
Eastern German state leaders have warned against the government’s plan to replace coal with hydrogen
Houlihan Lokey starts New Wilkie clean-up job
February 28, 2024
Suitors for defunct coal miner New Wilkie Energy have been asked to prepare non-binding indicative bids by March 22