The thermal coal price could remain above $US250 per tonne until at least 2024, according to a recent report from Fitch Solutions.
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Stanmore buys full stake in BMC
After buying BHP’s 80 per cent stake in BHP Mitsui Coal in May, Stanmore Resources has just purchased the remaining 20 per cent.
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Coking coal a critical mineral? Coronado thinks so
Coronado Global Resources has affirmed the importance of coking coal in a renewable energy future, given the importance of steel.
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Glencore first-half earnings double to $US18b
Glencore can thank soaring coal prices for its strong half-year performance after the company recorded a $US10.3 billion increase in earnings.
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South32 still hunting for Eagle Downs buyer
South32 is still seeking a suitor for its mothballed Eagle Downs metallurgical coal project in Queensland.
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Yancoal open to non-coal M&As
Yancoal said it would be open to diversifying into other minerals, energy or renewable energy projects if suitable opportunities arose.
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China considers end to coal ban amid supply fears
China is mulling an end to its near two-year ban on Australian coal amid tight global coal supplies in the wake of the Russia–Ukraine war.
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Sombre statistics show economic regression in China
The China economy is having a tough time of it, largely due to strict social restrictions derived from the country’s ‘zero-COVID’ policy.
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Yancoal clears $1.2b debt as energy crunch continues
Yancoal is repaying approximately $US801 million ($1.17 billion) of debt before the end of July as coal prices continue to soar.
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RPM teams up with coal miners to develop new software
RPMGlobal has collaborated with some of Australia’s largest underground coal miners to develop a new gas drainage scheduling capability.
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