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New Coal Royalties Legislation Further Damages Queensland’s Competitiveness

New Coal Royalties Legislation Further Damages Queensland’s Competitiveness

Coal Production
29-11-2023

Benjamin Hill Signs Letter of Intent to Acquire Interest in Coal Project
Benjamin Hill Mining Corp. has announced that it has entered into a nonbinding letter of intent with Aion Mining Corp., outlining the proposed transaction whereby the company will acquire 20% of Aion and its interest in a fully permitted coal project loca
Coal Production
27-11-2023

China's Thermal Coal Imports Jump, Crowding Out India: Russell
China's imports of thermal coal in November are poised to surge to the second-highest monthly total this year, helping drive prices higher for the grades most commonly sought by the world's biggest buyer of the power station fuel.Thermal c
Coal Trade
23-11-2023

Coal Import for Power Plants Grew 65% In October
Rising consumption of electricity has stretched coal supplies at power plants | Photo Credit: RAJESH NThermal power plants (TPPs) imported 65 per cent more coal on a monthly basis during October 2023, as India’s power consumption surged, aided b
Coal Trade
22-11-2023

Teck Announces Full Sale of Steelmaking Coal Business
Teck Resources Limited has announced it has agreed to sell its entire interest in its steelmaking coal business, Elk Valley Resources (EVR), through a sale of a majority stake to Glencore for an implied enterprise value of US$9 billion, and a sale of a mi
Coal Trade
22-11-2023

World Coal Association Rebrands to Futurecoal
After 38 years the World Coal Association (WCA) will cease and usher in a new era under the branding: FutureCoal – The Global Alliance for Sustainable Coal.Unveiling the new brand logo and identity at a dedicated press conference in Delhi, Futur
Coal Trade
21-11-2023

China's Oct Coal Imports From Russia Fall to 8-Mth Low
China's coal imports from Russia slipped in October to a eight-month-low as less competitive prices and weak restocking demand at Chinese utilities affected purchases.Russian arrivals were 7.64 million tons last month, compared to September
Coal Production
21-11-2023

S.Africa's Transnet Curbs Coal Trucks at Richards Bay Terminal Due to Congestion
A stacker reclaimer to scoop up and transfer coal into and out of the yard is seen at Africa's largest coal export facility, the Richards Bay Coal Terminal, Richards Bay harbour, South Africa, June 21, 2018. REUTERS/Tanisha Heiberg/File Photo Acqu
Coal Production
15-11-2023

Glencore Coal Deal Shows Power of Fossil Fuels - Even on Their Way Out
The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsGlencore's (GLEN.L) deal to buy Teck Resources'
Thermal Coal
14-11-2023

Russia's Inter Rao-Export Could Build Three Coal-Fired TPPs in Kazakhstan - Energy Ministry
Kazakhstan is planning to sign a memorandum with Russia's Inter RAO-Export on constructing thermal power plants in the Kazakh cities of Kokshetau, Semey, and Ust-Kamenogorsk, the Kazakh Energy Ministry said in a statement.The power plants with coa
Thermal Coal
13-11-2023

China Will guarantee financial support for coal-fired power plants
A government agency in China announced that operators of coal-fired power plants will receive guaranteed payments based on the installed capacity of their units, part of a program to ensure a stable power supply across the country.The National Development
Coal Trade
11-11-2023

China to Guarantee Payments to Coal Power Producers Based on Capacity
Labourers shovel coal at a coal storage site in Hefei, Anhui province July 21, 2011. REUTERS/Stringer/File Photo Acquire Licensing RightsChina's state planner said on Friday that coal-fired power producers will be guaranteed payments based on thei
Thermal Coal
10-11-2023

Indonesia Fires Thermal Coal Exports to New Highs
A worker carries a plastic bag as he walks in a coal stock pile port near Cilegon habour of West Java province June 27, 2008. Indonesia, an archipelago of 17,000 islands, is the world's largest thermal coal exporter and offshore coal loading has b
Coal Mine
09-11-2023

Coal Authority Tenders £9.8m Drilling and Grouting Framework
The Coal Authority has begun the search for contractors to deliver drilling and grouting services across coalfields in five regions of the UK.In a contract notice published on 27 October, the Coal Authority announced that it is retendering the current dri
Coal Production
08-11-2023

Ramaco Resources Acquires Commercial Development Rights for Coal-To-Products Process
Following years of collaborative work, Ramaco Resources Inc. has formally acquired a patent from the US Department of Energy’s leading research institution, the National Energy Technology Laboratory, for the commercial development of a revolutio
Coal Trade
07-11-2023

Asian Seaborne Thermal Coal Demand Picking Up, but Prices Stay Soft
The edge of Glencore's Mount Owen coal mine and adjacent rehabilitated land are pictured in Ravensworth, Australia, June 21, 2022. Picture taken June 21, 2022. Picture taken with a drone. REUTERS/Loren Elliott Acquire Licensing RightsDemand for se
Coal Price
06-11-2023

N. Korean Coal Briquettes in Markets Are Cheaper Than Last Year
FILE PHOTO: Coal briquettes lined up in an unidentified area of North Korea. Daily NK)As North Koreans begin to prepare for the winter, the price of coal briquettes — the primary source of heating in the country — has dropped significantly compared to the
Coal Trade
03-11-2023

Indonesia Starts Approving Revised Production Plans for Coal Miners: Sources
Indonesia has started giving approval to thermal coal miners for slightly higher production this year, multiple sources told S&P Global Commodity Insights, a move that is likely to ease the ongoing supply tightness in the country.Usually, approvals fo
Coal Trade
03-11-2023

US Coal Exports to EU Jump After Russia Sanctions Kick In, Eia Says
Coal is pictured in a container in the Manhattan borough of New York City, New York, U.S., May 25, 2021. REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsThe United States saw a 22% jump in coal exports to Europe, substituting Russian supply in th
Coal Production
02-11-2023

Coal India's Production Rises by 15% In October, Output Increases by 42 MT in Apr-Oct FY24 to 394 MTS
Coal India said that it posted a strong 12 per cent on-year production growth ending October FY24. (IE)State-owned coal miner Coal India on Thursday posted the Provisional Production and Off-take Performance of the company and its subsidiary companies for
Coal Trade
01-11-2023

Indonesia Excludes Off-Grid Coal From $21.5 Billion Climate Deal
An excavator loads coal onto a dump truck at Cirebon Port in West Java, Indonesia, on Wednesday, May 11, 2022. Trade has been a bright spot for Indonesia, which has served as a key exporter of coal, palm oil and minerals amid a global shortage in commodit
Thermal Coal
31-10-2023

Fortum Coal Power Plant to Act as Reserve in Emergencies
Fortum (FORTUM.HE) and Finland's National Emergency Supply Agency (NESA) have agreed to reserve a Fortum coal condensing power plant for severe disruptions and emergencies to guarantee electricity supply, the company said on Monday.The agreement w
Thermal Coal
31-10-2023

Exclusive: Indonesia to Omit Private Coal Power Plants From Its Jetp Investment Plan
Smoke and steam billows from the coal-fired power plant owned by Indonesia Power, next to an area for Java 9 and 10 Coal-Fired Steam Power Plant Project in Suralaya, Banten province, Indonesia, July 11, 2020. REUTERS/Willy Kurniawan/File Photo Acquire Lic
Coal Mine
30-10-2023

Death Toll Rises to 45 in Arcelormittal Kazakh Coal Mine Fire
Relatives of miners gather at the Kostenko coal mine operated by ArcelorMittal Temirtau during a power outage, as a rescue operation continues following a mine fire, in Karaganda, Kazakhstan October 28, 2023. REUTERS/Stringer Acquire Licensing RightsThe d
Coal Trade
27-10-2023

IEA: Coal demand to peak by 2030
Major shifts underway today are set to result in a considerably different global energy system by the end of this decade, according to the IEA’s new World Energy Outlook 2023.The phenomenal rise of clean energy technologies such as solar, wind,
Coal Production
26-10-2023

WA Government Abandons Pumped Hydro Plans to Replace Collie Coal Power
WA has ruled out pumped hydro, which has presented challenges with the Snowy 2.0 project, for the state's South West.(Supplied: Snowy Hydro)The WA government has abandoned pumped hydro as a replacement energy source to help fill the gap left by th

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New Coal Royalties Legislation Further Damages Queensland’s Competitiveness

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