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Weekly coal news highlights: 13 – 17 July 2015

Published by
World Coal,


Coal news highlights: 13 – 17 July 2015

Coal production and development

  • Coal production in the US fell sharply for the week ending 4 July. The declines from last year steepened, with production off 16.6% from last year’s levels according to the latest report from the US Energy Information Agency for the week.

  • Christian Pfeiffer, Germany, signs contract to deliver and construct two coal mills, both rated for outputs of 35 tph of coal, for Amreyah Cement Co. in Egypt.
  • Duke Energy announces Electric Power Research Institute will conduct a comprehensive study of the coal ash recycling market and available technologies in order to move forward with coal ash management.

Mine permit news

Mine developments, obstacles and updates

  • A recent Timetric survey indicates mining companies in USA and Canada are increasing investments in vehicle-related technologies in the next two years.
  • Hume Coal intends to build a low-impact and environmentally sensitive underground coal mine in the Southern Highlands, Australia, creating 400 jobs and protecting the groundwater system for the local community.
  • An incident has occurred at the Clarence coal mine, involving the overflow of material from a holding cell. Centennial Coal is working towards a thorough clean up with a top priority of reducing environmental impacts.
  • Paringa Resources intends to raise US$5.1 million through a share placement to strengthen its balance sheet in preparation of starting formal debt financing discussions for its Buck Creek No. 1 mine.
  • Edenville Energy updates the status of its Rukwa coal to power project near Sumbwanga, southwestern Tanzania.
  • Changes to New South Wales’ planning policy would be a negative for planned mining projects in the state.
  • Environment Minister, Greg Hunt, pledges to withhold final approval of the Shenhua coal mine if strict water management conditions are not met.

2Q15 reports

  • Whitehaven Coal releases its 2Q15 report for coal production and coal production sales.
  • Rio Tinto releases a firm 2Q15 production results and projects its coal production for the rest of 2015.
  • Cloud Peak Energy announces its 2Q15 shipments, updated annual adjusted EBITDA Guidance and schedule for earnings results.
  • Not to be missed …

  • The National Grid will pay utilities to keep shuttered plants on standby this winter as the country faces tight capacity margin.
  • Coal's decline in the US culminated in it losing its market-leading roll in April to natural gas. But elsewhere, the fuel is still going strong.
  • The market for cleaner coal-fired power technologies will continue to be dominated by supercritical and ultra-supercritical technology to 2025.
  • Written by Harleigh Hobbs

    Read the article online at: https://www.worldcoal.com/coal/17072015/weekly-coal-news-highlights-13-17-july-2015-189/


     

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