Prior to the transaction, Maylion, an indirect wholly-owned subsidiary of Noble Group, held a 40.9% shareholding in EER, a coal exploration and development company.
The latest coal news
The index is designed to comprehensively and accurately reflect the coking coal price level and changes in China's production areas, provide a scientific price reference for domestic coking coal market transactions, and to promote the smooth and orderly operation of the industry.
American Electric Power is seeking spot delivery proposals for up to 225 000 t of coal.
Russian coal exports by rail hit an all time high in May, despite the ongoing rail maintenance that commenced in April.
The objective of the Laboratory Research Call is to solicit and award research projects to develop air separation technologies to be used in advanced fossil energy-based modular energy systems.
The 2018 edition of BP's Statistical Review highlights the growth in global energy demand in 2017, a key highlight being the growth in coal.
The production record has been attributed to an investment programme for engineering re-equipment of the port.
The two-day event last week looked at how new policy approaches and business models can support CCUS investment.
Aspire Mining Limited recently retrieved positive results back from its pilot scale carbonisation testwork on a sample of coal.
Recovery teams at Eskom’s power plants continue to work hard to stabilise the power system and to return its generation plant as quick as possible.