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South32 Nears Exit from Coal Operations with Sale of Illawarra Mines
South32 fell 2% short of its coking coal production target of 4.4 million tonnes at its Illawarra coal operations in the 2023-24 fiscal year…
South32 fell 2% short of its coking coal production target of 4.4 million tonnes at its Illawarra coal operations in the 2023-24 fiscal year…
Whitehaven Coal reported a solid quarter with saleable coal production coming in at 4.0Mt, while sales of 3.2Mt were impacted by initial rail logistics delays, which have since been resolved…
Yancoal reported attributable coal sales reached 8.6 million tonnes, exceeding attributable saleable coal production by 0.4 million tonnes in Q3 2024…
Australian resources giant BHP has revised its coking coal production target downward for the 2024-2025 financial year following the sale of its Blackwater and Daunia mines…
The German government, led by Chancellor Olaf Scholz’s coalition, has confirmed it will not advance its coal phase-out deadline from 2038 to 2030, despite previous intentions signaled by the coalition partners…
Anglo American has enlisted the expertise of three prominent banks to facilitate the sale of its steelmaking coal operations, valued by analysts at up to $5 billion…
Australia has witnessed a modest 3% year-over-year increase in coking coal exports in the first half of 2024, reaching 75.5 million tonnes…
South32 Limited has announced that its sale of Illawarra Metallurgical Coal to a joint entity owned by Golden Energy and Resources Pte Ltd and M Resources Pty Ltd has received approval from the Australian Foreign Investment Review Board…
The global thermal coal market has experienced a noticeable fluctuation in prices and demand over the past week, with key developments shaping the sector’s dynamics…
Holy supply disruptions, Batman. Not one, not two, but these THREE separate incidents are going to tighten up metallurgical coal markets over the next month or so…
BHP Group, the world’s largest listed miner, has announced significant cuts to its employee incentive payments after failing to meet performance targets. This decision will affect tens of thousands of workers globally, as reported by the Australian Financial Review…
The shipping queue at Newcastle, a crucial coal export port in Australia, has reached a 23-month high, with 31 vessels waiting as of July 2. This surge in shipping delays has been exacerbated by both climate protests and adverse weather conditions, significantly impacting operations at the port…