February 23, 2022

Teck seeks sale of stake in $8 billion coal business

The Canadian miner has approached smaller rival Arch Resources to gauge their interest in buying a stake of 10% or more in the business.

February 23, 2022

Brookfield in talks with AGL shareholders after board rejects takeover

Green billionaire Mike Cannon-Brookes and Brookfield are pushing on with plans to buy Australia's most polluting company.

February 22, 2022

Coal will exit Australia’s power market despite AGL’s recalcitrance

The bid by a green billionaire to buy Australia's most polluting company may have stumbled at the first hurdle, but it's likely the race is far from over, writes Clyde…

February 21, 2022

China’s demand for metals has wavered as inventories pile up

Copper held in warehouses tracked by the Shanghai Futures Exchange surged 28% last week and have more than quadrupled this year.

February 21, 2022

China signals coal reliance to continue with three new mines

China’s top planning agency approved three different billion-dollar coal mine projects on Monday.

February 18, 2022

Coal India warns it may need to cut output without a price hike

While coal reserves at power plants have risen from a low in September, they are still only about a third of an April 2020 high.

February 16, 2022

Biggest Australia coal plant to shut early as renewables surge

Origin Energy could shutter the Eraring facility, in a coal-mining region north of Sydney, as soon as August 2025.

February 16, 2022

South32 profit soars on recovery in commodity prices

Underlying earnings for the half-year ended Dec. 31 came in at $1 billion, beating a consensus estimate of $987.5 million.

February 15, 2022

Chart: Bulk commodities most affected by Russia-Ukraine conflict

Woodmac flags growing commodity supply chain inefficiencies as Russia-Ukraine geopolitical tensions simmer.

February 15, 2022

Glencore coal mine in spotlight as methane hotspot emerges

Scientists estimated the Hail Creek mine spewed between 123,000 and 263,000 metric tons of methane last year.