Australia coal news

Regional Queensland contractors and businesses have benefited by more than AUS$1 billion from Bravus Mining & Resources’ construction of the Carmichael mine and Rail Project.

Whitehaven Coal has entered into an agreement to acquire the 1% private royalty over the Narrabri Coal mine held by Anglo Pacific Group plc, with effect from 31 December 2021.

PT Delta Dunia Makmur Tbk has announced that its subsidiary, PT Bukit Makmur Mandiri Utama has entered into a conditional agreement with Downer EDI Ltd to acquire Downer’s coal mining contractor business in Australia.

The power crunch in China over the last few weeks has clearly shown the country’s heavy reliance on coal for power generation, with Wood Mackenzie believing that Chinese authorities could allow customs clearance of stranded Australian thermal coal.

TerraCom Ltd has announced the appointment of Megan Etcell as Interim Chief Financial Officer following a decision by the board to bring the role back to Australia.

The Queensland Resources Council has welcomed the announcement of first coal on the re-opening of the Millennium metallurgical coal mine, a joint venture between Stanmore Resources and M Resources.

The Minerals Council of Australia has confirmed the industry’s ambition to achieve net zero emissions by 2050 in support of the goals of the Paris Agreement.

Queensland has been announced as Australia’s largest producer of metallurgical coal, according to the Queensland Resources Council.

Glencore has recently showcased the Oaky Creek underground metallurgical coal mine’s automated longwall to the Federal Minister for Resources and Water.

The approval of Vitrinite’s metallurgical coal mine between will create at least 150 full-time jobs and deliver a major economic boost to the Isaac and Mackay regions, says the Queensland Resources Council.