August 19, 2024

Metso denies rumours of planned merger with Sandvik

Any potential merger or collaboration would mean a game-changer for the sector.

August 16, 2024

Whitehaven Coal to cut 192 jobs at mines purchased from BHP

Whitehaven had announced plans in October to buy out BHP's Blackwater and Daunia mines in a $4.1 billion deal.

August 15, 2024

Exxaro closes in on critical metals deal

The company is close to securing a deal to buy manganese or copper assets and could announce an acquisition this year.

August 14, 2024

Kazakhstan weighs commodity export duties to narrow budget gap

Taxes on sulfur, coal and ferroalloys, along with ores and concentrates of copper and iron, are among those that are expected to yield the most revenue.

August 7, 2024

China’s 2024 coal imports to reach new record high, industry group says

The robust imports are despite lukewarm overall demand for coal.

August 7, 2024

Glencore scraps plans to ditch coal on investor pressure

Over 95% of Glencore shareholders were in favour of keeping the coal unit to help fund growth in metals and support returns.

August 6, 2024

India shelves plan for coking coal import consortium

India imports about 85% of its annual coking coal consumption.

August 5, 2024

Deutsche Bank sells down coal mine loan to private credit funds

The German lender in recent weeks sold about $120 million — half of its exposure — to Australian and Asian credit funds.

August 3, 2024

Australia’s QCoal says worker dies at coking coal mine

The company runs the Byerwen mine in the Bowen Basin.

August 2, 2024

Vitol extends deal spree with purchase of fallen rival Noble

Vitol Group has agreed to buy the last remaining piece of fallen Asian commodity trader Noble.