Coal

BHP Billiton sees thermal coal use dropping substantially if a global climate change agreement is reached in Paris, limiting temperature rise to 2°C.

US coal production has increased by 438 000 short t for the week ending 19 September however due to current prices, it is difficult to produce coal economically.

Energy access targets should include high efficiency low emissions coal-fired technologies, as well as carbon capture and storage, in order to support urbanisation and industrialisation in development countries.

A round-up of some of this week’s key news items from the international coal industry, from sales and acquisitions to the latest on coal mining operations.

Capture Power emphasises its commitment to delivering the White Rose Carbon Capture and Storage project, following Drax’s recent announcement to end investment into the project.

Drax plans to stop investing in the White Rose Carbon Capture and Storage project and will withdraw as a partner of Capture Power Ltd.

Caterpillar Inc. announces significant restructuring and cost reduction actions to lower operating costs by US$1.5 billion.

Paringa Resources, the developer of the Buck Creek No.1 coal mine in Kentucky, expects strong future demand growth for Illinois Basin coal.

TAKRAF has delivered a new cross-conveyor system for the F60 overburden conveyor bridge in Welzow to Vattenfall.

A simple scripted solution applying HARP modelling adds value to the overall mine planning process at the Glendell coal mine.

CLNR announces report highlighting economic benefits of coal gasification.

The Indonesia government has executed a new final income tax on any sale of mineral and coal.

The latest weekly coal production estimate from the US Energy Information Administration show weekly production at US coal mines is down 6.7% from last week’s estimate.

Cockatoo Coal Ltd, through its subsidiary SE QLD Energy Ltd, reaches an agreement with Moreton Resources Ltd’s subsidiary, MRV Tarong Basin Coal Pty Ltd, for the sale and transfer of tenement EPC 882.

Alaska’s only operating coal mine will cease exports on low coal prices and weak demand.