Skip to main content

Coal

 

Riversdale to raise AU$337 million for Benga coal project

Riversdale Mining is set to raise AU$337 million to accelerate development of the Benga coal project, as well as explore the company’s other Mozambique tenements. The project has a production target of 20 million tpa by 2013.

 
 
 
 
 
 
 

Australia introduces Mineral Resource Rent Tax

Following constructive discussions with the mining industry, Australia's newly appointed prime minister, Julia Gillard, has moved to scrap the controversial Resource Super Profits Tax (RSPT), replacing it with a Mineral Resource Rent Tax (MRRT).

 
 

Solar-coal hybrid project

Xcel Energy has started its demonstration plant to showcase the viability of such a hybrid plant.