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Coal

 
 
 
 
 

Warrior Met Coal announces launch of concurrent tender offers for senior secured notes

Warrior Met Coal, Inc. has announced the commencement of its offer to purchase, in cash, up to US$150 million principal amount of the company’s outstanding 8.00% Senior Secured Notes due 2024, at a repurchase price of 103% of the aggregate principal amount of such Notes, plus accrued and unpaid interest with respect to such Notes to, but not including, the date of repurchase.

 
 

WCA responds to Glencore announcement

Coal is a vital energy and strategic resource that is essential to the world’s sustainable development and energy security objectives, says World Coal Association.

 
 
 
 

Glencore furthers commitment to low carbon economy transition

To meet the growing needs of a lower carbon economy, Glencore aims to prioritise its capital investment to grow production of commodities essential to the energy and mobility transition and to limit its coal production capacity broadly to current levels.

 
 

Revised NSPS standards encourage the utilisation of emissions-reducing technologies, states NMA

The NMA testified the 2015 rule imposed a “de facto moratorium on construction of new coal-fired power plants. The proposed revisions are necessary to allow construction of new, highly efficient coal units, particularly if regulations and fuel markets change and eliminate the current barriers on the construction of new, lower emitting coal-fired units.”