Australia coal news

South32 has completed the acquisition of 50% interest in the Eagle Downs metallurgical coal project and has assumes operatorship.

Ian Macfarlane, Queensland Resources Council Chief Executive, has said that the resources sector is helping to cut the state’s unemployment rate, despite it rising by 0.1% to 6.3%.

Whitehaven Coal’s Vickery extension project is set to power new jobs, investment and growth in the local region.

The mining industry is a small user of water, using just 1.5% of total water consumed in NSW in 2015 - 2016, compared with 60% used by agriculture and 11% by households.

Hume Coal Charitable Foundation has proudly donated AUS$10 000 to Challenge Southern Highlands throughout 2018.

Since the 2015 State election, coal exports have increased by AUS$15.2 billion to AUS$33.5 billion and commodities such as LNG, alumina and semi-soft metallurgical coal have increased by AUS$15.1 billion - 21.4 billion over the same period.

South32 appoints a new Chief Development Officer internally for the South32 Lead Team, whose role is to become effective from 1 October 2018.

Stanmore Coal has announced that, subject to approval by the shareholders at the 2018 AGM, it will commence a Dividend Reinvestment Plan (DRP).

TerraCom Limited achieves record sales in FY18 and is on track to achieve a net operating profit of up to AUS$100 million in FY19.

The addition of CleanCo will be another step in making Queensland the energy superpower of Australia, says QRC.