Australian Coal M&A: Potential for New Deals
March 1, 2024
Australia’s coal sector could be seeing a renewed wave of mergers and acquisitions (M&A) activity, following major deals in 2022 and 2023
Tag: BHP.AX
More coal asset sales on the cards as South32 gets cracking price for Illawarra Coal
February 29, 2024
The $US1.65bn price South32 achieved for the sale of Illawarra Metallurgical Coal has been described around the market as a knockout one
BHP sheds white-collar teams in global reset
February 28, 2024
BHP has started shedding jobs in Australia as part of a major restructure of its global operations spanning mine planning to maintenance & more
Coal News & Price Data – February 22, 2024 – Updates from Glencore & BHP
February 22, 2024
Glencore CEO Gary Nagle stated that fossil fuels remain vital for the energy transition until renewable sources are fully integrated.
Status of BHP’s BMA
February 22, 2024
BHP Billiton Mitsubishi Alliance (BMA) Australian coal output is heading towards the low end of its decade-low for the 2023-24 financial year
China’s shift to steady commodity demand echoes in BHP results
February 21, 2024
The changing nature of China’s commodity demand is neatly encapsulated by the latest results of BHP Group, the world’s biggest mining company
Coal News & Price Data – February 20, 2024 – Coronado net income down 80% YoY
February 20, 2024
Coronado Global Resources reported a 79.8% net income decline to $156.1 million, compared to $771.7 million last year,
BMA’s Australian coal at low end of output target
February 20, 2024
BHP Mitsubishi Alliance’s (BMA) Australian coal production is trending towards the bottom half of its decade-low guidance
BHP projects modest global steel demand in 2024
February 20, 2024
Australian miner BHP expects modest demand for steel across developed countries, it said Feb. 20, citing impact of higher interest rates
Deal close on Whitehaven’s Blackwater mine selldown
February 18, 2024
The $7bn listed coal miner Whitehaven Coal is believed to be on the cusp of a deal to sell down part of its Blackwater coal mine,
Peabody vs Whitehaven
January 28, 2024
The BMA acquisition is expected to be completed on April 2, 2024. I continue to believe this acquisition will prove to be a transformational
Indian steel majors are vying with Japanese producers to buy into Whitehaven’s coal mines
January 20, 2024
Whitehaven Coal has flagged strong interest in the sale of a stake in its soon-to-be acquired Blackwater coal mine in Queensland