Demand drives Whitehaven to new heights
Coal miner Whitehaven Coal is expected to report earnings before interest, taxes, depreciation and amortisation (Ebitda) of A$3-billion for the 2022 financial year, following record average coal prices of A$514/t for the June quarter and A$325/t for the full y... |
Australia lowers its energy and mineral export revenue forecast
Prices across Europe's ferro-chrome suite extended their losses on 5 July, as offers for imported alloy put additional downside pressure on the depreciating market. |
At Australia mine, Glencore balances reforestation drive, coal profit
At Glencore's aging Mt Owen opencut coal mines north of Sydney, a team of scientists and engineers is restoring woodlands to mined-out fields, aiming to burnish the company's environmental credentials with climate activists and shareholders who want it to back... |
Germany bringing back coal
New coalition govt makes u-turn on energy policy amid supply concerns. |
Nation's coal king speeds up its green transition
The Inner Mongolia autonomous region is ramping up efforts to invest in new energy as China goes full throttle on its green energy transition. |
CHINA's coal-rich province making a clean break
Shanxi is moving to the forefront of the green push as it gears up the reform of its pillar energy sector. |
If power station protests persist, there’ll be much more load-shedding, Eskom warns
Power utility Eskom warned on Friday morning that if protests at nine of its power stations and facilities continue, it increases the risk of higher stages of load-shedding. |
Coal's dominance a challenge for transition
The demand still needs to be partly met by coal despite this contradicting the country's rigid goal of phasing out coal and reducing carbon emissions. |
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