Australian Coking Coal Prices Continue Falling
March 21, 2024
Decline in Australian coking coal prices can be attributed Weak global steel demand
Tag: Australia
Australia Coal Miners Woo Private Capital as Banks Get Leery
March 21, 2024
Australian coal producers are increasingly dabbling in high-interest private loans as lenders look to replace reluctant banks
Whitehaven Coal (WHC) – why a re-rate is imminent
March 20, 2024
In October last year WHC emerged as the successful bidder for BHP’s Daunia and Blackwater coal assets (BMA Assets).
New Hope asks NSW for Bengalla Extension
March 19, 2024
New Hope Coal boss Rob Bishop prepares to ask the NSW government for permission to extend its Bengalla coal hub beyond 2037.
New Hope Group Announces Interim Financial Results
March 18, 2024
New Hope Group, a coal mining company, has released its financial results for the half year ended 31 January 2024.
Widjaja Family’s Consortium Seeks Private Credit for Illawarra
March 18, 2024
A consortium led by Golden Energy and Resources is sounding out private credit funds and banks in financing its $1.65B acquisition of Illawarra
Australian Pacific Coal Puts in Equipment Orders for Dartbrook Restart
March 18, 2024
Australian Pacific Coal commenced drawdown of its debt facility, and is now embarking on a plan to re-start mining at the Dartbrook coal mine
Big Glencore shareholders will back coal plan
March 14, 2024
A big European investor says they will back Glencore chief executive Gary Nagle’s strategy for the future of the company’s coal mines so long as
Glencore Faces Pressure from Activist Investor and Could Reward Shareholders Pending Coal Unit Demerger Decision
March 13, 2024
In a bold move that underscores the power of activist investing, Glencore International AG is under pressure from a prominent hedge fund
Dartbrook back in production by mid-year
March 12, 2024
The Dartbrook coal mine, in the Hunter Valley of New South Wales, will be back in production by the middle of 2024
BHP Seeks Extension to Close Mount Arthur Coal Mine by 2030
March 12, 2024
BHP has submitted an application to the New South Wales (NSW) government to extend the mining approval for Mount Arthur coal mine until June 2030
Australian thermal coal exports drop 11% MoM in Feb 2024
March 11, 2024
Australian thermal coal exports dropped by 11% m-o-m to 15.24 million tonnes (mnt) in February 2024