Coal news updates

CONSOL Energy has announced the promotion of Mitesh Thakkar to the position of President, in addition to his current role as Chief Financial Officer.

According to the QRC, a new report has confirmed the need for the Queensland State Government to reconsider its investment-destroying coal royalty tax increase.

RWE brings coal exit forward to 2030: Five inhabited villages and three farmsteads to remain, former settlement of Lützerath to be demolished.

Bedeschi has closed a deal for a floating terminal system; the company will supply an important shipyard in Indonesia a new floating terminal with a 2500 tph coal capacity.

Canyon Coal has signed a letter of commitment to join the Bettercoal Assessment Process.

Uniper is extending the market operation of the Heyden 4 and Staudinger 5 hard coal-fired power plants until 31 March 2024 at the latest.

Thiess has secured a AUS$345 million contract extension at Melak with Bayan Resources.

Edenville has provided an operational update at its Rukwa Coal project in Tanzania.

Glencore’s decision to withdraw from plans to develop a US$2 billion coal project has highlighted change in the wake of new royalty taxes imposed on coal producers.

The world’s coal consumption is set to reach a new high in 2022 as the energy crisis shakes markets.

The Province of Nova Scotia has approved a request from Kameron Coal Management Ltd to renew its industrial approval for the Donkin Mine in Cape Breton.

Alpha Metallurgical Resources, a leading US supplier of metallurgical products for the steel industry, has announced its operational guidance for the 2023 calendar year.

The UK government has approved the development of the country’s first new deep coal mine in decades, drawing criticism from opponents concern about climate targets.

The US Energy Information Administration has reported that Coal was the largest source of electricity generation for 15 states in 2021, compared to 32 states in 2007.

Transnet Freight Rail (TFR) has lifted the force majeure imposed on the export coal line in South Africa following the derailment of a 97 fully laden coal train.

JSW Group has maintained its record performance, despite the increasingly difficult market environment, as well as declining coking coal and coke prices on global markets.

Ramaco Resources, Inc. has been honoured by federal agencies and the National Mining Association for its outstanding record of operational safety.

A new report has confirmed the importance of the resources sector to the Queensland economy, with a record sum contributed by coal, gas, and minerals producers in FY2021/22.

Corsa Coal has announced that Ronald G. Stovash has been named Chair of the Board of Directors.

Anglo American has sourced a supply of 100% renewable electricity for its operations in Australia from 2025, agreeing terms for a 10-year partnership with Stanwell Corp.

Allegiance Coal has announced an operations update at both its New Elk and Black Warrior mines, US.

Edenville have provided an operational update at its Rukwa Coal project in Tanzania.

CONSOL Energy Inc. has reported its financial and operating results for the quarter (3Q22) ended 30 September 2022.

NYK is set to order two LNG-fuelled large coal carriers from Oshima Shipbuilding for delivery in 2025.