Coal Top Stories

Peabody rises after Thomist takes stake, suggests buybacks

Thomist suggested to Peabody management that the company should use some of its $1.45 billion cash balance to repurchase stock.

Bloomberg News | August 21, 2024 | 9:25 am

Arch merges with Consol Energy to create US coal export powerhouse

The new company will own 11 mines producing thermal coal…

Bloomberg News | August 21, 2024 | 7:39 am

Column: China’s coal output rises as share of electricity slips

Coal output rose 2.8% in July from the same month…

Reuters | August 20, 2024 | 1:05 pm

Coal-rich Indian state to pass mining tax after court ruling

A sum of 100 rupees ($1.19) a ton will be…

Bloomberg News | August 20, 2024 | 7:51 am

Anglo American to receive coal bids in September

The sale process includes the Grosvenor and Moranbah North mines…

Cecilia Jamasmie | August 20, 2024 | 4:02 am

Anglo shareholders say BHP should amend structure or sweeten bid

Of the investors that Bloomberg spoke to this week, some suggested that BHP should provide a commitment to cover any lost value suffered by the subsidiaries’ new owners.

Bloomberg News | May 23, 2024 | 12:16 pm

Pakistan coal miners face expansion issue as China stops funding

In 2021, China President Xi Jinping pledged to halt all coal construction and financing abroad.

Bloomberg News | May 23, 2024 | 10:49 am

High concentrations of rare earths found in Utah, Colorado coal mines

Rare earth elements are concentrated in fine-grain shale units in Utah and Colorado active coal mines.

Staff Writer | May 23, 2024 | 6:06 am

Anglo American rejects BHP’s third bid, extends deadline

Anglo has left the door open for BHP as it agreed to grant it a one-week extension to table a binding offer.

Cecilia Jamasmie | May 22, 2024 | 7:03 am

Anglo’s second largest investor demands BHP bid revision

Petition by South Africa's Public Investment Corporation (PIC), which owns a roughly 7% stake in Anglo, comes just hours before bid deadline.

Cecilia Jamasmie | May 22, 2024 | 3:33 am

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Peabody rises after Thomist takes stake, suggests buybacks

Arch merges with Consol Energy to create US coal export powerhouse

Column: China’s coal output rises as share of electricity slips

Coal-rich Indian state to pass mining tax after court ruling

Anglo American to receive coal bids in September

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Anglo shareholders say BHP should amend structure or sweeten bid

Pakistan coal miners face expansion issue as China stops funding

High concentrations of rare earths found in Utah, Colorado coal mines

Anglo American rejects BHP’s third bid, extends deadline

Anglo’s second largest investor demands BHP bid revision

BHP shares hit 3-month high as deadline for formal Anglo bid looms

Anglo shareholder LGIM supports break-up plan as BHP circles

BHP debates improved Anglo bid as time runs out in takeover saga

BHP needs to bid about $41 a share for Anglo, JPMorgan says