Work on haul route upgrade at Baralaba mine began in September 2016 in preparation of production restart at the site in 2Q17.
The latest coal news
The Great Lakes Energy Institute (GLEI) of Case Western Reserve University concluded the decline of the nation’s coal industry has been due to market forces and technology.
Rio Tinto’s coal production for 3Q16 totalled 2.3 million t – 54.4% and 13.2% higher than in 2Q16 and 3Q15, respectively.
More coal news
Realm Resources has taken operational control of the Foxleigh coal mine after acquiring a 70% stake in the mine from Anglo American.
Genesee & Wyoming Australia has entered into agreements to acquire Glencore’s rail coal haulage business in New South Wales Hunter Valley for AUS$1.14 billion.
The project economics for Jameson Resources Crown Mountain metallurgical coal project have been substantially boosted by the sharp rise in coal prices, as well as a weaker Canadian dollar.
TerraCom has secured a 5.5 year offtake agreement for hard coking coal from its BNU mine with China’s Kingho Group.