Russian steel and coal producer Mechel has decided not to buy back a stake in its biggest asset, the Elga coal mine in Russia’s far east, from its creditor Gazprombank, which has held the stake since 2016, said on Tuesday. Mechel is engaged in talks wi…
Russia’s Mechel won’t buy back stake in Elga coal mine Read More »
Germany imported 40.2 million tonnes of hard coal last year, 14.7% less than in 2018 due to competition from renewables and gas, and as the steel industry curbed usage, importers said on Friday.
The total was comprised of an estimated 7.4% lower intak…
Germany’s 2019 hard coal imports fell 14.7% – importers Read More »
German utility RWE, the country’s biggest power producer, said decisions how to organise the exit from brown coal mining and burning will cost thousands of jobs as the company bears the brunt of the fallout.
"We assume that in the short term, 3 00…
RWE says 6 000 jobs will be lost by 2030 over coal exit Read More »
Coal miner Whitehaven Coal has reported a 58% fall in quarterly production for the three months to December, on the back of mine closures, maintenance and drought and bushfires.
“The December quarter production results reflect the impact of the previo…
Whitehaven halves production in December quarter Read More »
Operations at the Curragh coal mine, in Queensland, are expected to resume from Friday, ASX-listed Coronado Global Resources said on Thursday.
The company earlier this week suspended operations at Curragh after a contractor employee was fatally injure…
Curragh to restart at week-end Read More »
BlackRock will cut exposure to thermal coal as the world’s largest asset manager moves to address climate change, but that doesn’t mean it’s selling out of the biggest producers — including top shipper Glencore.
Producers of the dirtiest fuel are com…
Big coal escapes BlackRock’s new climate plan Read More »
Coal miner Stanmore Coal has reported a 23% increase in run-of-mine production in the December quarter, compared with the previous quarter, with production increasing 21% in the year-to-date.
Stanmore on Tuesday reported that ROM coal production for t…
Stanmore output improves in Dec quarter Read More »
German engineering giant Siemens will honor a controversial contract to supply signalling systems to Adani’s Carmichael coal mine in Australia, despite being under fire for…
Siemens to go ahead with Aussie coal mine contract, despite pressure Read More »
One of Germany’s biggest utilities plans to open a new coal plant even though the nation is lagging behind countries from UK to Spain in phasing out the fuel.
Protesters are already preparing to disrupt the opening of Uniper SE’s Datteln-4 plant in Ju…
New German coal plant could threaten Merkel’s final climate push Read More »
Siemens AG said it intends to honor a controversial contract to supply signaling systems to an Australian coal mine, defying the demands of activists who said they will continue protests in Germany on Monday.
The company will establish a sustainabilit…
Siemens goes ahead with controversial Australia coal project Read More »
