Australia coal news

As reported by the Minerals Council of Australia, the coal industry has expressed concern regarding reports that the Finkel review may rule out the building of modern coal fired power stations and push Australia to focus solely on solar, wind and gas.

Vitrinite Pty Ltd has identified 123 million t of coking coal in the Karin Basin tenement in the Bowen Basin – much of which has the highest fluidity ever recorded in Australia.

New Hope has reported a second trial at the mine’s washplant to explore a new coal processing technique.

New Acland Mine continues to prove itself as an industry leader in mining innovation trialling, which could be the first ever Australian coal application of a novel ‘sorting’ technology. 

Following a recent suspension of Area 7 and 9 longwalls, South32 has reported production for FY17 at Illawarra Metallurgical Coal is likely to decrease.

The buyer will have the opportunity to establish or increase a strategic position in the Australian coking coal industry.

Anglo American agrees sale of Drayton coal mine in Australia to Malabar Coal.

Adani to use Arrium’s Whyalla steelworks for the development of its mine and associated infrastructure.

Queensland has released land for exploration in the coal-rich Bowen Basin.

Westpac has ruled out to financing new coal basin developments in Queensland’s Galilee Basin, including the Adani Carmichael project.