May 17, 2021

South32 expects loss of up to $175m from South African coal unit sale

Company expects to book the loss from the sale of its thermal coal assets, which was finalised with Seriti Resources on Monday.

May 13, 2021

Australian coal miners flag finance, insurance difficulties

The industry that accounts for the country's second-most-valuable exports.

May 12, 2021

China may target Australian LNG despite costly coal ban: Russell

Bloomberg reported earlier this week that smaller LNG buyers in China have been told to avoid taking Australian cargoes.

May 12, 2021

DoE approves $50m for carbon capture technology to be tested in coal-rich ‘Carbon Valley’

Membrane Technology and Research will test its PolarCap carbon capture process at the Wyoming Integrated Test Center.

May 11, 2021

China’s coal futures hit record as exchange tries to cool rally with fee hike

Prices have rallied 34% so far this year as miners struggle to meet robust demand from the nation’s economic rebound.

May 7, 2021

Anglo American expects to reopen Moranbah North coal mine in May

Operations at the mine, which produces coking coal used in steelmaking, were suspended in February after a coal heating issue that led to elevated gas readings underground.

May 7, 2021

Australia’s Macquarie bank to exit coal by 2024

The lender will stop financing coal projects by 2024 as it aligns its business with global commitments to achieve net-zero emissions by 2050.

May 6, 2021

Anglo American investors approve spin-off of South African thermal coal

Anglo is shifting away from assets that mine the most polluting fossil fuels and is also looking to exit from its Colombian thermal coal mine.

May 4, 2021

World’s biggest coal port loan price linked to social, emissions goals

Port of Newcastle will pay less if certain targets are met, including reducing its direct and indirect greenhouse gas emissions and screening all customers for modern slavery risks.

May 2, 2021

What a smooth transition away from coal in the US could look like

An expert from the University of Chicago says the US needs to leverage the social cost of carbon while remaining mindful of environmental justice and coal communities.