China to abolish access restrictions on foreign investment in energy sector

Rick Perry expressed concerns about the diversification of power sources and the stability of the country’s grid

Up another 5% on Thursday – stones throw away from all-time high.

With the Foreign Investment Review Board’s approval, Rio Tinto is a step closer to fully exit thermal coal.

Worries about Chinese economy and rising tension surrounding North Korea brings fear trade to mining and industrial metals.

Activist investor Elliott's proposals to break up BHP are riddled with “major flaws” and could end up costing far more to implement than they would save, the company said.

Analysts expect BHP to argue that a demerged petroleum business would need to fund offshore growth projects by raising debt. It may also contend that a stand-alone division won’t have the same ability to defer production until oil prices improve.

Coking coal price has doubled in two weeks – storm damage to rail lines could affect Australian exports for another four weeks.

Company says the associated risks of spinning off about $22 billion of its US oil assets and listing them in New York would significantly outweigh any potential benefits.

By the end of 2017, Yancoal Australia may become one of the top three coal producers in this country.