Getting the Story Straight on BTU
May 2, 2024
The Twitterati love to trash BTU management after earnings calls…but that’s because they don’t understand the story.
Category: Australia
BHP after more than just copper in Anglo American takeover
April 25, 2024
BHP’s move on Anglo American is focused on long-term copper demand, but it would be a mistake to think there’s nothing else of value in Anglo’s portfolio.
Whitehaven’s Paul Flynn says labour shortages have eased but wage inflation remains an issue
April 19, 2024
Whitehaven boss Paul Flynn says tight labour markets are easing but they’re still facing the pinch from rising wages
Coal sales at Australia’s Whitehaven fall in Jan-Mar
April 19, 2024
Australian coal miner Whitehaven reported higher production but lower sales in January-March
BUMA Australia to provide mining services at Blackwater mine
April 18, 2024
This contract is expected to result in a production target of around 36 mcm of overburden removal annually.
Whitehaven’s Blackwater selldown may be upsized
April 18, 2024
It’s down to the short strokes at Whitehaven Coal’s sale of a minority stake in Bowen Basin’s Blackwater metallurgical coal mine
BHP suffers new productivity hit in Queensland coal
April 18, 2024
It now costs BHP almost seven times more to produce coal than it costs to produce iron ore
BHP cuts Australian met coal sales guidance again
April 18, 2024
BHP has cut its coking coal guidance for the 2023-24 fiscal year to 30 June to a new decade-low of 43mn-45mn t
Whitehaven Gets Back to Back Upgrades
April 10, 2024
UBS put out a note yesterday, upgrading Whitehaven to Buy, in light of their recent acquisition of the BMA mines, Blackwater and Daunia.
China’s biggest steel maker exits Queensland coal
April 8, 2024
Stanmore Coal will consolidate ownership of undeveloped Eagle Downs coking coal mine after striking a deal with steel maker Baowu.
Stanmore Resources Expands Dominance with Full Acquisition of Eagle Downs Coal Ventures
April 4, 2024
Stanmore has finalized a decisive move to fully consolidate its control over the Eagle Downs metallurgical coal project
Australian coal mining expansions and new projects in an era of funding uncertainty
April 3, 2024
Miners in New South Wales are expanding existing projects, while in Queensland several large greenfield developments are in the pipeline.