· Australian coal miner TerraCom () said on Friday a contractor had died at its South African mine on May 6, leading to an 11day halt in operations at the time.
· In financial year 2020, the export value of coal from Australia was approximately billion Australian dollars. While the value of coal exports had almost doubled over the past decade, a .
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· Environmentalists are celebrating a victory over a proposed coal development in the Australian state of New South Wales (NSW) after 11 years of debate and community protests. The Independent Planning Commission (IPC) for the NSW Southern Highlands blocked the plans for the proposed mine, saying the ...
· The coal ban marks the biggest escalation in a trade war that now covers more than 20 billion worth of Australian exports, including barley, wine, lobster, timber and beef. All .
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21 hours ago · Coal will be a big contributor to Australia's economy well beyond 2030 given growth in global demand, the country's resources minister has said, a day after a United Nations envoy called on ...
· Australian coal exports to China were worth billion last year.(ABC Newcastle: Anthony Scully) The Federal Opposition said the Government lacked a game plan to deal with the ongoing threats ...
80% of Australian coal produced is mined from opencut mines, whereas globally, opencut mining accounts for only 40% of coal produced. Queensland produces the most coal Australia wide. Opencut mining Is more affordable than underground mining and allows for 90% recovery of the raw resource in situ. An EDR, or economic demonstrated resource, is defined by Geoscience Australia as a resource ...
· Australia's government has been ordered to consider risks posed to young people from climate change in a looming decision on a coal mine expansion a ruling that .
· Production from existing Australian coking coal mines rises modestly through to about 2030 before declining. This is weighted towards higherquality hard coking coal. Prices actually rise to over US150 per tonne by 2050. This is because coking coal supply falls faster than demand does, again due to western investor divestment and legal ...
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· Coal is one of the commodities that's thriving despite China's ban. "Australian coal exporters seem to have been quite successful in diverting to other markets," Rajah said in a .
· Attempts to punish Australia for advoing an international investigation into the origins of Covid19 included restrictions on coal imports. But it's proven not to be a great time to do so.
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· Thermal coal prices soar on China demand, weak supply. Surging Chinese demand for thermal coal has coincided with a raft of mine disruptions .
· Coal is one of the commodities that's thriving despite China's ban. "Australian coal exporters seem to have been quite successful in diverting to other markets," Rajah said in a recent note.
· Australian coal exports have continued to steadily rise in value since overcoming China's ban on the commodity last year, data from the Australian Bureau of Statistics (ABS) has revealed.
· Australian thermal coal operations were loss making in 2020 when prices reduced to US50/t although they have recovered now that spot prices are above US120/t. Higher coal prices are now a doubleedged sword for thermal coal miners. However, higher coal prices are now a doubleedged sword for thermal coal miners – from this point of the energy transition onwards, high thermal coal .
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· Australian coal shipper Stanmore Coal (ASX:SMR) has joined forces with an Australian coal trader to acquire Peabody Energy Australia's currently idled Millennium and Mavis Downs mine in Queensland. The US coal company will receive an upfront cash payment of for the coal assets and a royalty on their coal sales capped at for the asset transaction. An additional royalty of .
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