Australia coal news
Mining commences at Pembroke’s Olive Downs complex, Australia
Thiess, Caterpillar, and Hastings Deering will provide 21 autonomous haul trucks, 3 autonomous drills, and a private LTE network for the complex to enable full operations to commence in late 2023.
Cornwall Insight: VNI West Project could delay the retirement of coal generators
Analysis conducted by Cornwall Insight Australia has revealed that certain coal plants in New South Wales may benefit from delaying their retirement.
AGL’s Liddell Power Station closes after 52 years of operation
AGL has officially retired the Liddell Power Station in the NSW Upper Hunter region, as preparations are made to repurpose the site into an industrial renewable energy hub.
IEEFA: More financial institutions commit to coal divestment
According to the IEEFA, the number of financial institutions committed to coal divestment has doubled in three years.
Australian Pacific Coal finalises Dartbrook joint venture agreement
Australian Pacific Coal has agreed new terms and executed a restructured joint venture agreement that will underpin the restart of the Dartbrook underground coal mine in early 4Q23.
DXN executes contract with Anglo American for a modular data centre
DXN Ltd has entered into a contract with AngloAmerican to fabricate and supply a modular data centre to the Capcoal mining complex.
BHP confirms new investment on hold due to Queensland royalty tax regime
The Queensland Resources Council has described BHP’s decision to place significant new investment in Queensland on hold due to new coal royalty tax rates as a “massive blow”.
QRC pushes for reconsideration of coal royalty tax hike
According to the QRC, a new report has confirmed the need for the Queensland State Government to reconsider its investment-destroying coal royalty tax increase.
Glencore to cancel coal project after new royalty taxes imposed on coal producers
Glencore’s decision to withdraw from plans to develop a US$2 billion coal project has highlighted change in the wake of new royalty taxes imposed on coal producers.
Resources sector delivers AUS$94.6 billion boost to Queensland
A new report has confirmed the importance of the resources sector to the Queensland economy, with a record sum contributed by coal, gas, and minerals producers in FY2021/22.