Australia coal news

According to the Australian Energy Market Operator, coal remains Australia’s energy foundation and has a competitive future.

NERA has issued a national call to action at a critical time for Australia’s energy resources industry.

The increased projections stem from the strong international demand for metallurgical coal, and the stable prices for both metallurgical and thermal coal from Queensland.

Japanese steelmakers have raised concerns about Aurizon’s actions to restrict the movement of metallurgical coal from central Queensland mines to export ports.

The Minerals Council of Australia says the Federal Government should back Australian mining companies and the regional communities which they support.

ENGIE Hazelwood has reaffirmed its commitment to the safe decommissioning of the power station block and mine.

Aurizon’s reduction in the number of coal trains will cut AUS$4 billion from Queensland exports and AUS$500 million in annual royalties paid by the industry to the Queensland Government.

Bounty Mining Ltd lodges IPO prospectus to raise up to AUS$18 million ahead of its anticipated listing on the ASX in June 2018.

Parliamentary support is welcomed for the funding of the Clean Energy Finance Corporation Amendment (Carbon Capture and Storage) Bill.

Australia’s Supreme Court has “overturned the Land Court decision to deny New Hope a mining lease for the New Acland Stage 3 expansion and remitted it back to the Land Court.”