IEEFA: Cost inflation underlines thermal coal miners’ fragile profits and financing risks
Andrew Gorringe, Coal Sector Energy Finance Analyst, IEEFA, has published key findings relating to recent Australian thermal coal trends.
Andrew Gorringe, Coal Sector Energy Finance Analyst, IEEFA, has published key findings relating to recent Australian thermal coal trends.
RWE has commenced construction of a photovoltaics plant with integrated battery storage system at the Hambach lignite opencast mine.
Whitehaven Coal has published its June 2023 Quarter Production Report, highlighting its success delivering on its overall FY23 guidance for production and sales.
NORDEN and Teck Resources Ltd have announced an agreement to reduce CO2 emissions in Teck’s steelmaking coal supply chain.
SPECIAL REPORT: Ryan Driskell Tate and Tiffany Means, Global Energy Monitor, USA, provide a survey of the world’s coal mining projects.
American Resources Corp.’s American Carbon subsidiary has agreed to sell certain assets associated with the company’s Deane Mining Complex.
Contango Holdings Plc has confirmed that the installation of the weighbridge at the Muchesu Coal Project has been completed and is now fully operational.
TAKRAF Australia has supplied, delivered, and commissioned a DELKOR tailings thickener for the Moolarben coal handling and preparation plant (CHPP) in Australia.
According to the IEA, continued strong growth in Asian economies is offsetting declines in Europe and North America, maintaining coal demand at record levels in 2023.
Contango Holdings has entered into a new offtake arrangement with TransOre for the sale of washed coking coal from its flagship Lubu Project in Zimbabwe.
Peabody has announced that Shoal Creek Mine has safely completed localised sealing of two longwall panels in the J panel area of the mine impacted by a fire in March.
Contango Holdings Plc has advised that President Mnangagwa of Zimbabwe’s upcoming visit to the Lubu Coal Project will mark its formal opening.
Seth Feaster, IEEFA, has authored a release commenting on the latest developments concerning the Pleasant coal plant in West Virginia and their implications for the industry.
Thiess, Caterpillar, and Hastings Deering will provide 21 autonomous haul trucks, 3 autonomous drills, and a private LTE network for the complex to enable full operations to commence in late 2023.
Analysis conducted by Cornwall Insight Australia has revealed that certain coal plants in New South Wales may benefit from delaying their retirement.