Australia coal news

The Queensland Resources Council (QRC) says recent coal royalties legislation has further damaged Queensland’s competitiveness and will risk the state’s economic security.

Stanmore has announced the execution and completion of a Designated Area Agreement for its Isaac South Project in Australia.

Stanmore Resources has entered into an agreement with the Queensland Government for funding towards a new gas to electricity power station at the South Walker Creek opencast coal mine.

The ACCR has commented on the recent announcement that Nippon Steel and JFE Steel have collectively bought 30% of Whitehaven Coal’s Blackwater metallurgical coal mine.

Stanmore has published its June 2024 quarterly activities report, featuring strong sales figures which position the company well for the upcoming quarters.

Queensland Resources Council member companies remain confident about demand but government policy and regulatory uncertainty remain a concern – in particular coal royalty tax rates.

The Capcoal Mine, located in Central Queensland, is leading the way in safety with its implementation of RCT’s tele-remote technology.

South 32 Ltd has advised that its sale of Illawarra Metallurgical Coal has received Australian Foreign Investment Review Board approval.

Fox Resources has reiterated that no decision has been made on the location of its potential steelmaking coal mine north-west of Bundaberg.

Stanmore Resources has decided to begin the process of ceasing operations at the Mavis Underground project following a comprehensive strategic review.