Browse the latest coal news and articles.
Danish engineering company, FLSmidth, has made an offer for Ludowici Ltd, a leading provider of coal centrifuges, vibrating screens and complementary wear resistant products and services for the minerals industries. The acquisition would enable FLSmidth to complete its coal processing product ofference and strengten the company’s position in one of the largest mining markets in the world.
BHP Billiton has given the Queensland Government notice of a proposed rail corridor alignment to the Port of Abbot Point, which can be used to accommodate multiple rail lines, including a dedicated rail line for BHP Billiton and its joint venture partners in the Bowen Basin.
BP forecasts robust global energy demand to 2030 despite efficiency gains.
January 2011: Kay Sever examines the ‘intangible’ factors which act as an obstacle to success.
Ncondezi Coal Co. Ltd, a coal exploration and development company with coal assets in Mozambique, has announced the signing of a new rail and port infrastructure agreement as part of its strategy to export coal from its Ncondezi project.
McLanahan Corp. acquire Universal Engineering and J.H. Fletcher & Co. enter into a distribution agreement with Joy Mining Machinery.
After its successful IPO based on near-term thermal coal production assets in 2010, Universal Coal‘s metallurgical coal assets will be the main driver for investor interest in 2012.
Arch Coal has acquired the South Hilight coal lease in the southern Powder River Basin (PRB) for US$ 300 million. The lease is contiguous with the company’s existing Black Thunder mines and contains high CV, low sulfur coals.
Peabody Energy will increase its production at the Wilpinjong and Millennium mines in Australia after expansions at both sites were completed. It is expected that the increased production will allow the company to supply an additional 3 – 5 million tpa to the Asian seaborne market.
The International Energy Agency (IEA) has released its Medium-Term Coal Market Report 2011, which predicts that the global demand for coal will grow over the next five years as a result of surging energy demand in emerging economies.
Mozambi Coal, an Australian coal exploration company with assets in Mozambique, has released an update on recent activities at the company’s Songa, Tete West and Muturara projects. The projects are located in the Zambezi coal basin where a number of major resources companies, including Rio Tinto and Vale, are also active.
Whitehaven Coal will acquire Aston Resources in a AU$2.5 billion takeover that will create Australia’s biggest independent coal miner.