Billionaire drops Australia coal mine appeal in blow for sector

The new royalty rate takes effect immediately for special mining permits issued prior to 2022

Five miners were killed in the initial explosion at the Pniowek coal mine in Pawlowice.

Glencore last year said it planned to run down its thermal coal mines by the mid-2040s and hit net-zero carbon emissions by 2050.

PT Adaro Energy, one of Indonesia’s biggest coal miners, is shifting to renewable energy after making a fortune from surging commodity prices.

China’s cabinet has confirmed that the addition of an extra 300 million tonnes of coal mining capacity will happen this year.

Company's Q1 production fell 10% year on year, partly owing to operations running at reduced capacity because of higher rates of covid-19 infections among workers.

The world’s biggest miners had a tough start to the year, struggling to hit production goals and keep costs under control.

Disruption to the global coal trade as a result of Russia’s invasion of Ukraine should extend the fuel’s price rally into next year, according to Whitehaven Coal.

China more than doubled imports of steel-making coal from Russia in March.