March 2, 2022

Stanmore Resources to raise $506 million for BHP Mitsui Coal stake buy

Stanmore, which signed the deal with BHP in November to buy the stake for $1.35 billion, said it would issue about 631 million shares.

March 2, 2022

China moves to secure commodities rocked by Ukraine war

Government agencies have been ordered to push state-owned buyers to scour markets for materials including oil and gas, iron ore, barley and corn to fill any potential gaps.

March 2, 2022

US official says South Africa aid aimed at coal plants not EVs

State-power utility Eskom had initiated the talks last year in a bid to raise money to help reduce its reliance on the coal.

March 2, 2022

China shunning Russian coal with banks nervous over sanctions

At least two of China’s largest state-owned banks are limiting financing for Russian commodities.

March 2, 2022

Most Georgians prefer clean energy over coal – study

A recent survey found that only 30% of Georgia residents support new coal-fired power plants.

March 1, 2022

After 139 years of coal mining, Peabody expands into solar

The company’s primary focus will continue to be coal.

February 28, 2022

US Supreme Court questions scope of EPA’s climate change powers

Justices gave a mixed reception to Republican-led states and coal companies seeking to bar the EPA from issuing a sweeping plan to reduce carbon emissions from power plants.

February 28, 2022

Colombia Cerrejon’s coal output soars 89% in 2021

Cerrejon's production jumped to 23.4 million tonnes, recovering from the hit from a three-month strike and the coronavirus pandemic in 2020.

February 28, 2022

Rio Tinto settles with Australian watchdog on Mozambique disclosure breach

Company has agreed to pay a small penalty for overstating its Mozambique coal reserves in 2012.

February 28, 2022

Germany may extend coal use to replace Russian gas

While Germany can manage without Russian gas for the coming months, the country would have to expand its purchasing strategy significantly for next winter.