Australia coal news

Yancoal publishes its quarterly report for the quarter ending June 2018, a key highlight being total saleable coal was up 129% compared to the same period in the previous year.

Whitehaven Coal shares its coal production results for the June quarter, with a key highlight being record quarterly production at its Maules Creek mine in New South Wales (Australia).

The OptiFlox system will be trialled on the tailings thickener to maximise the use of water, improve productivity and reduce overall operational costs.

The key recommendation of a report from the Australian Competition and Consumer Commission has been welcomed by the Minerals Council of Australia.

Ian Macfarlane, Chief Executive of the Queensland Resources Council, also said that North Queensland would benefit from a new HELE coal-fired power station to help reinforce the National Electricity Market.

An OptiFlox system is set to be trialled on a Phoenix Process Equipment Co. belt press filter in a coal handling preparation plant for a six month period.

QRC pays tribute to “the more than 280 000 Queenslanders working directly and indirectly in the resources sector” following a record export result.

Last Friday, Yancoal Australia Ltd made a confidential application to the Hong Kong Stock Exchange, which if approved, will mean its dual trade on both the ASX and HKEX.

Despite Aurizon’s threat to stop coal movement, exports were higher this year compared to 2017.

According to the latest commodity report from the Department of Industry’s Office of the Chief Economist, coal exports are forecast to overtake iron ore to become Australia’s largest export earner for the period 2018-19.