Column: China’s run of robust thermal coal imports may ease

One of the standout commodity stories so far this year has been China's demand for thermal coal, with the world's largest importer seeing record shipments.

Reuters | July 26, 2024 | 9:50 am

Anglo American takes fresh $1.6bn writedown on UK fertilizer mine

Charge weighed on the miner’s swinging to a loss and it comes amid a company overhaul that involves shedding four of its units.

Cecilia Jamasmie | July 25, 2024 | 3:46 am

South Africa mines lobby urges caution on minerals export tax

A more than six-fold increase in electricity prices since 2008 and erratic power supply have negatively affected local processing.

Bloomberg News | July 24, 2024 | 7:19 am

Anglo American shrinks trading unit as part of major restructuring

The miner also announced internally that it will no longer enter into long-term deals to buy commodities that it doesn’t already produce.

Bloomberg News | July 22, 2024 | 10:37 am

High returns lure wealthy investors to fund coal as banks exit

Wealthy Australians are emerging as an important pool of capital for financing coal projects shunned by banks.

Bloomberg News | July 22, 2024 | 9:34 am

Amplats says on track to demerge in 2025, plans secondary London listing

Amplats also said it had cut some 3,700 jobs to reduce spending ahead of the demerger.

Reuters | July 22, 2024 | 6:55 am

Singaporean consortium secures $850m for South32’s Australian coking coal

South32 said in February it had agreed to sell the business in New South Wales state for $1.65 billion.

Reuters | July 21, 2024 | 4:25 pm

Whitehaven Coal sees higher prices on disruptions

The company's Blackwater and Daunia mines in Queensland, which it recently purchased from BHP, produced 4.8 million tonnes.

Reuters | July 18, 2024 | 4:48 pm

Column: China’s commodity import trend driven by prices, not economy

China's imports of major commodities are often viewed through the prism of the performance of, and outlook for, the world's second-biggest economy.

Reuters | July 18, 2024 | 2:05 pm

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