Stay up to date with the latest news and updates from the coal industry.
Wood Mackenzie’s analysis of the implications of the Queensland floods for the coal industry finds that over half of Australian exports are likely to be affected and the impact of the decrease in exports in this ongoing situation will be felt strongly in global coal markets.
Coal miners across North America are fighting for purchase at export terminals along the continent’s West Coast. Ports and terminals are experiencing a backlog as North American suppliers try to reach the hungry Asian coal market.
Arch Coal, Inc. today announced that it has acquired a 38% interest in Millennium Bulk Terminals-Longview, the owner of a bulk commodity terminal in exchange for US$ 25 million plus additional consideration upon the completion of certain project milestones.
Duke Energy and Progress Energy, Inc. announced today that both companies’ boards of directors have unanimously approved a definitive merger agreement to combine the two companies in a stock-for-stock transaction. The combined company, to be called Duke Energy, will be the country’s largest utility.
Original US stalwart of carbon offsets joins global exchange.
January 2011: Kay Sever examines the importance of a great culture between operations and maintenance cannot be over-emphasised because it affects production, cost and morale.
A new technology that could help release some of the currently unusable energy in an estimated 2 billion t of US coal waste has been successfully demonstrated by a Department of Energy (DOE) supported project. The hyperbaric centrifuge technology is aimed at separating the fine coal particles from water, allowing their recovery for energy, and marks a step forward in clean coal separation.
IHS Global Insight analyses the impact of the Queensland floods on the region’s coal production and resulting impact on coal prices.
Riversdale Mining and Rio Tinto have enterd a Bid Implementation Agreement, under which Rio Tinto has agreed to make an all cash off-market takeover bid at AU$ 16/share.
Santos LNG has sold stakes in its Gladstone LNG project to KOGAS and Total and signed a 20 year supply agreement with KOGAS.
Over the next 20 years, South Africa intends to drastically reduce the use of coal as the country’s prime energy-fuel, and 30 years thereafter virtually remove it altogether from the energy-fuel mix. Barry Baxter asks if this could really happen.
Lanco Infratech Ltd, a major Indian infrastructure company, has acquired Western Australian coal miner, Griffin Coal Mining Co. Pty Ltd and Carpenter Mine Management Pty Ltd (Griffin Coal).