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Arch Coal reports 4Q17 and full year results

Arch Coal “proud of the financial results achieved in 2017, as well as fourth quarter results, which benefitted from improved performance at metallurgical mines, strong execution at other thermal operations and positive momentum in international coking and thermal coal markets.”

 

 
 
 

QRC calls on Aurizon to step back from regulatory decision

Queensland Resources Council’s Executive Ian Macfarlane believes “Aurizon is willing to use its power as the monopoly operator of the network and further highlights why the regulatory process needs to be followed to maintain a level playing field.”

 
 
 
 
 
 
 
 

Voith and Siemens consolidate partnership

Voith Turbo reflects on its landmark achievement of September 2017 in which it dispatched its 100th BHS turbo gearbox to Siemens Industrial Turbomachinery, cementing their collaboration.

 
 
 
 
 

 

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Trump proposes FY19 budget proposal for OSMRE

On 12 February, US President Donald Trump proposed a US$122 million fiscal year (FY) 2019 budget for the Office of Surface Mining Reclamation and Enforcement (OSMRE).

“The goal of this budget is to prioritise the services and the energy resources the American people need,” said Joe Balash, US Department of the Interior Assistant Secretary for Land and Minerals Management. “It allows us to help develop our Nation’s resources, to continue to protect people and the environment, and to do so in the most efficient way possible.”

The President’s FY 2019 budget request supports the goal of American energy dominance. Coal mining will continue under a reasonable and appropriate regulatory structure and reclamation of abandoned mine lands will continue to achieve statutory and regulatory goals.

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