Coal

The Executive Committee of the IEA Clean Coal Centre has confirmed that the Dubai Electricity and Water Authority has become a Sponsor of the Centre.

Teck Resources Ltd has reported profit attributable to shareholders of CAN$94 million (CAN$0.16/share).

BHP Billiton CEO, Andrew Mackenzie, commented: “Over the last 12 months, we have taken a number of steps to strengthen BHP Billiton, including asset sales and the deferral of investment for long-term value.”

CNX Coal Resources LP has announced financial and operating results for the quarter ended 31 March 2016.

The University of Edinburgh, in collaboration with researchers at Yonsei University, South Korea, has developed a process that improves the production rate of high purity hydrogen.

Brazilian mining company Vale reports coal production at its Australian operations increased in 1Q16 compared to 4Q15 but Moatize production saw declines.

South32’s latest quarterly report provides an update on production guidance and indicates a strengthening of its balance sheet through focusing on value over volume.

Bowie Resource Partners has announced that Manie Dreyer, CEO of BRP, is to step down, effective end of April 2016.

Rhino Resource Partners LP has announced that it has completed a 1-for-10 reverse split on its common units and subordinated units.

Dr Lynham told Parliament that action was underway on changes to the regulation of coal dust, which causes coal workers’ pneumoconiosis.

Between 192 and 565 jobs could be lost as Exxaro restructures its corporate and support service operations.

Steel demand from China’s infrastructure and construction industry has boosted sentiment in the Chinese steel sector and raised willingness to buy metallurgical coal and iron ore.

Cloud Peak Energy has announced a “voluntary separation benefit” to some longstanding hourly employees.

Sandvik has stated it has been reconfirmed as a constituent of the Ethibel Sustainability Index (ESI) Excellence Europe, effective 15 April 2016.

Swedish state-owned utility, Vattenfall, has sold its lignite assets to EPH, a Czech energy company, and its financial partner, PPF Investments.