Coal

Researchers at Chalmers University of Technology have argued that the targets for lower emissions of carbon dioxide from Europe's basic industries are out of reach.

Ichor Coal NV has published its 1H15 results for the interim financial period.

Atlas Copco, a provider of sustainable productivity solutions, has announced it has acquired the assets of NJS Technologies Ltd.

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

Mick Buffier, Chairman of the World Coal Association and Group Executive at Glencore’s coal business, spoke at the recent B20 Energy Forum.

Following reviewing its operations, Glencore intends to cut a potential 380 jobs at its Optimum Coal subsidiary in South Africa.

South African coal company, IchorCoal, has launched its bid for Australian mining company, Universal Coal.

German independent coal trading and marketing company, HMS Bergbau AG, reports 1H15 results are as expected by the company.

Rio Tinto sells its 40% interest in the Bengalla coal Joint Venture in Australia to New Hope Corp. for US$606 million.

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.