North Block Complex Proprietary Ltd, a subsidiary of Universal Coal Plc enters a sale and purchase agreement with Exxaro Coal Mpumalanga Proprietary Ltd and Exxaro Coal Proprietary Ltd, for the acquisition of assets that comprise the North Block Complex.
Carbon Tracker provides the first study showing investors the gap in demand for fossil fuels between 2.7°C of warming, consistent with current policies and a 1.75°C pathway, aligned with the Paris Agreement.
Corsa Coal is set to sell its CAPP division, which will enable the company to dedicate its corporate resources to the metallurgical coal market in order to achieve the highest rates of ROI.