The Queensland Government has hit coal producers with its first royalty increase in more than a decade as the state looks to boost investment in regional hospitals.

The Queensland Government has hit coal producers with its first royalty increase in more than a decade as the state looks to boost investment in regional hospitals.
An independent review into Yankuang Energy’s potential $1.8 billion takeover bid of Yancoal has deemed it unreasonable in its current form.
Yancoal made headlines last week after its majority shareholder, Yankuang Energy Group Company, announced it was mulling a $1.8 billion bid to acquire the remaining stake in the coal miner.
In the wake of the Russia–Ukraine conflict, Coronado Global Resources is receiving additional enquiries from European markets for its metallurgical coal (met coal) product – many of which it can’t satisfy.
Stanmore Resources has completed its acquisition of BHP’s 80 per cent interest in BHP Mitsui Coal (BMC), adding a further 10 million tonnes (Mt) of metallurgical coal production to its portfolio.
Whitehaven Coal enjoyed an average coal price of $315 per tonne during the March quarter, representing a record price outcome for the miner.
Commodities have been unsettled to say the least in recent times, with extreme geopolitical instability a key disrupter to the market.
Australian mining companies and the Federal Government are banding together to support Ukraine as the country continues to defend against Russia’s invasion.
While 2021 was a year of surprises in the commodities world, with crushing lows offset by unprecedented highs, what can we expect in 2022? We take a deep dive.
China is not only the world’s biggest iron ore importer but also the leading consumer of coal, gold, copper, crude oil and even rare earths.