Coal

Pittsburgh-based coal and gas producer, Consol Energy, has signed several coal deals totalling 10.8 million short t over a three year period.

Arch Coal risks being delisted from the New York Stock Exchange for breaching listing standards after a prolonged slump in its market capitalisation.

Following continual declines in thermal coal prices, Westshore Terminals and Global Coal Sales Group are restructuring their agreement for coal volumes for 2016 – 2018.

Funded by a Australian National Low Emissions Coal Research & Development grant, WellDog expands technology application through partnering with University of Queensland to track trace gases that may be sequestered alongside CO2.

Leigh Creek Energy announces initial JORC inferred resource of 377 million t at the Leigh Creek Energy project.

Coal of Africa has secured US$3 million from M&G Investment Management to help fund its proposed takeover of Universal Coal.

Summit Power Group signed an EPC agreement with China Huanqiu Contracting & Engineering Corp and SNC-Lavalin Engineers & Constructors Inc. for the Texas Clean Energy project in the US, with financial closing expected in Spring 2016.

Peabody Energy honours the world’s cleanest coal-fired plants with its Advanced Energy for Life Clean Coal Awards.

Walter Energy Canada, a wholly-owned subsidiary of bankrupt US coal company, Walter Energy, has obtained creditor protection under the Companies’ Creditors Arrangement Act.

Solid Energy, which entered into voluntary administration in August, has appointed Goldman Sachs to sell its assets over the next 12 months.

Australian coal miner, Glencore, may idle its Collinsville coal mine in north Queensland for three weeks and lay off 80% of staff.

LUXI Chemical Group Co has selected Honeywell process technology and automation controls to convert coal to key plastic building blocks.

Eskom has provided a notice to finish its Arnot mine coal supply agreement with Exxaro, ending Exxaro’s coal supplies from the mine to the Arnot power plant in Mpumalanga.

THEnergy has realised that many of the large mining companies have started to focus on short-term actions regarding powering their mines following COP21.

Results from a bankable feasibility study have indicated that Paringa Resources’ Buck Creek No. 1 coal mine will have a low capex, low opex FOB barge and be a high-margin coal mine.