Coal

India will build 15 new coal washeries over the next 18 months, doubling the number of plants in the country.

Opening arguments have been presented to the US Court of Appeals for the DC Circuit in the legal challenge to the US Clean Power Plan.

A round-up of some of this week's key news items from the international coal industry, from the latest coal exploration updates to an outlook on the long-term sustainable growth of the mining industry.

Coal of Africa (CoAL) has extended the deadline for Universal Coal shareholders to accept its takeover offer.

CSX Chief Financial Officer, Frank Lonegro, has highlighted near- and long-term expectations and strategies for the company.

Australian Minister for Resources, Energy and Northern Australia, Josh Frydenberg, spoke on the resilience of Australia’s mining and energy sectors at a recent speech to the National Press Club in Canberra.

Leigh Creek Energy completes sale of remaining Treasury shares and will use this sale as a mechanism to fund its operational needs of the early stage at the Leigh Creek Energy project.

Morien Resources has released an update on development activities at the Donkin coal project in Cape Breton, Nova Scotia.

The latest coal export data for January shows that regional Queensland continues to do the heavy-lifting for the state’s coffers and demand remains strong for the region’s high-energy, lower-emission coal.

Anglo American is putting its coal assets up for sale as part of a dramatic realignment of its business to focus on its De Beers diamond, Anglo American Platinum and copper businesses.

Whitehaven has reported a net profit after tax of AUS$7.8 million and record ROM and sales of coal of 7.1 million t and 7.3 million t for the half year ended 31 December 2015.

Anglo American lost almost US$5.5 billion in 2015 despite efforts to reduce costs and improve productivity.

The World Coal Association signs a MoU with the Coal Preparation Society of India.

Ratings agency, Moody’s, has downgraded Murray Energy, reflecting the deteriorating outlook for coal in the US, as well as concerns about its affiliate, Foresight Energy.

Paringa Resources reports scoping study results of the Buck Creek No.2 mine show it is a key undeveloped coal project in the Illinois Basin.