Coal expansion helps lure insurers back to WhitehavenThe development follows Sydney-based Whitehaven’s $3.2 billion purchase of coking-coal operations from BHP Group.Bloomberg News | October 10, 2024 | 9:03 am
China’s top miner to spend $24 billion on coal-to-oil projectThe facility in Hami city is just the latest in…Bloomberg News | October 10, 2024 | 2:23 am
GreenX Metals awarded $325 million in dispute with Poland over coal projectThe company launched international arbitration proceedings in 2020, arguing Warsaw…Staff Writer | October 8, 2024 | 4:42 pm
Thungela may consider steelmaking coal in hunt for new assets The thermal coal producer bought Ensham mine in Australia last year to diversify from South Africa. Reuters | August 19, 2024 | 8:24 am
Metso denies rumours of planned merger with Sandvik Any potential merger or collaboration would mean a game-changer for the sector. Staff Writer | August 19, 2024 | 7:37 am
Whitehaven Coal to cut 192 jobs at mines purchased from BHP Whitehaven had announced plans in October to buy out BHP's Blackwater and Daunia mines in a $4.1 billion deal. Reuters | August 16, 2024 | 11:13 am
Exxaro closes in on critical metals deal The company is close to securing a deal to buy manganese or copper assets and could announce an acquisition this year. Reuters | August 15, 2024 | 7:21 am
Kazakhstan weighs commodity export duties to narrow budget gap Taxes on sulfur, coal and ferroalloys, along with ores and concentrates of copper and iron, are among those that are expected to yield the most revenue. Bloomberg News | August 14, 2024 | 1:52 pm
China’s 2024 coal imports to reach new record high, industry group says The robust imports are despite lukewarm overall demand for coal. Reuters | August 7, 2024 | 7:12 am
Glencore scraps plans to ditch coal on investor pressure Over 95% of Glencore shareholders were in favour of keeping the coal unit to help fund growth in metals and support returns. Cecilia Jamasmie | August 7, 2024 | 4:03 am
India shelves plan for coking coal import consortium India imports about 85% of its annual coking coal consumption. Reuters | August 6, 2024 | 7:05 am
Deutsche Bank sells down coal mine loan to private credit funds The German lender in recent weeks sold about $120 million — half of its exposure — to Australian and Asian credit funds. Bloomberg News | August 5, 2024 | 6:39 am