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Coal

Eggborough extended to March 2017

Eggborough’s 2000 MW coal-fired power plant, UK, has announced the signing of a contract with National Grid, enabling the plant to stay open until March 2017.

 
 

Alpha announces stalking-horse bid

A group of unnamed lenders has agreed to be the lead bidder for Alpha Natural Resource’s core assets as the company seeks to exit Chapter 11 protection.

 
 
 

Glencore coal production down 10%

Glencore reports coal production for the 12 months ended 31 December 2015 was down to 131.5 million t, due to curtailed production in response to market conditions and deconsolidation of optimum coal.

 
 

Tinkler resigns as CEO of Australian Pacific Coal

Australian Pacific Coal’s CEO, Nathan Tinkler, has resigned following a Federal Court of Australia judgment that removes his ability to carry out his current roles.

 
 

GMB: ‘lessons need to be learnt’

Lessons need to be learned from 2015 when National Grid had to invoke special measures to prevent a blackout, commented GMB.

 

Several Alliance Coal mines face layoffs

Approximately 75 employees could loose jobs at River View Coal and White County Coal, as well as 200 temporary layoffs at Hamilton County Coal, as a result of reducing operational units.

 
 
 

Shenhua announces asset writedowns

Chinese coal company, Shenhua, has announced a series of impairment charges against loss-making coal mining, processing, transportation and power assets.