Construction began on 15 gigawatts of new coal power capacity in the first half, while companies announced 35 million tonnes of new coal-based steel-making capacity.

Company has signed a framework deal with traditional landowners at a coal business in Queensland state.

The company had been well placed to take advantage of strong demand from China this year.

Coal demand, and prices, have been stoked by a recovery in power generation as the region’s economies emerge from the coronavirus pandemic.

Brazil’s Mines and Energy Ministry on Monday published details of a new program that would support the coal sector through 2050 in the country’s southern states.

The resolution requests BHP detail how its spending in coal, oil and gas assets will align with net-zero emissions target by 2050.

Wood Mackenzie says aligning to a 2°C warming pathway in the steel industry would mean disruption to the iron ore and metallurgical coal markets.

Companies failed to meet domestic market obligations between January and July this year, according to a government document.