Coal

A round-up of some of this week’s key news items from the international coal industry from updates on coal projects to the latest in clean coal developments.

Coal will become the largest energy source in southeast Asia’s energy mix by 2040, according to the IEA, as regional energy demand is set to grow by 80%.

Exports of Queensland coal are set to break last year’s records, according to the Queensland Resources Council, as demand for coal in southeast Asia continues to grow.

Rio Tinto releases its 3Q15 production results. Results indicate higher hard coking coal and semi-soft coking coal production compared to 3Q14, yet lower thermal coal production compared to last year.

Southern Company Services, has announced the signing of a memorandum of understanding with Korea Electric Power Corp. (KEPCO).

The Association of UK Coal Importers has emphasised coal’s role in reducing household bills, supporting British industry and avoiding blackouts.

Walter Energy enters into an agreement with certain of its senior lenders on the material terms of a restructuring and implement it through Chapter 11 filling.

The Australian federal government has re-approved the giant Carmichael coal project after its initial approval was revoked by the Federal Court.

Rhino Resources has become the latest US coal company to be warned over a sustained low share price by the New York Stock Exchange.

A leading chemical company in Poland, Grupa Azoty, to set to build the Europe’s first coal gasification plant for industrial purposes in Kedzierzyn-Kozle in an investment worth €500 million.

Dubai Electricity and Water Authority has selected the ACWA Power and Harbin Electric consortium as the preferred bidder for the first phase of the 1200 MW Hassyan clean coal power project in Dubai.

Weir Minerals explains how its coal dewatering solutions can aid reductions in cost of ownership in the coal processing industry.

globalCOAL’s first trading session for metallurgical coal was active with markets in both the Phys HCCA and the Phys HCCA (branded) products.

The increased use of scrap steel in the steelmaking process will reduce demand growth for metallurgical coal and iron ore.

The US Department of Interior's Office of Surface Mining Reclamation and Enforcement awarded Arch Coal's Mountain Laurel Complex with a National Good Neighbor Award for ongoing community service efforts.