Coal

Xcel Energy intends to cut its carbon emissions by 35% through the retirement of ageing coal plants.

The roundtables will bring together participants with different perspectives, covering a number of geographic regions and addressing the entire lifecycle of coal, from mining through to its use.

Westmoreland Coal Company’s new financing commitment will simplify capital structure, provide working capital and allow additional time to develop right-sized capital structure.

The increased projections stem from the strong international demand for metallurgical coal, and the stable prices for both metallurgical and thermal coal from Queensland.

On Friday 18 May, OTC Markets Group, Inc. welcomed Yanzhou Coal Mining Company Ltd.

Japanese steelmakers have raised concerns about Aurizon’s actions to restrict the movement of metallurgical coal from central Queensland mines to export ports.

The Minerals Council of Australia says the Federal Government should back Australian mining companies and the regional communities which they support.

ENGIE Hazelwood has reaffirmed its commitment to the safe decommissioning of the power station block and mine.

NACCO Industries, Inc. declares a regular cash dividend of 16.5 cents per share. 

BPDB and CHDHK have formed a joint venture for a coal power plant in Bangladesh.

Peabody’s Glenn Kellow has been declared as the new Chairman of World Coal Association.

Gulf Energy, the developer of the Lamu coal power plant in Kenya, will use GE’s Ultra-Supercritical Clean Coal Technology following an agreement signed in Nairobi yesterday.

The Port of Indiana Mount Vernon achieves record first quarter in 2018, driven by increases in the shipment of coal, grain, salt, limestone and soy.

Following a co-operation agreement on 15 May, the FAMUR Group and its group of partners will co-operate in the procurement of orders on the Indian market in the mining and energy sector.

Mohegan Energy Trustees has acquired a West Virginian metallurgical coal operation from Met Resources through a US$100 million strategic partnership with Orion Energy Partners.