Anglo American and Peabody Energy will work together to understand the impacts of a recent fire at Anglo’s Moranbah North underground coal mine in Queensland.
Anglo American Plc said it’s still in talks with Peabody Energy Corp. to sell its coal portfolio for $3.78 billion, adding that a fire at its Australian operations hadn’t caused damage.
Polish coal miner JSW swung to a net loss of 7.24 billion zlotys ($1.85 billion) last year from a net profit of 993.9 million zlotys in 2023 due to falling coking coal prices and weaker demand, the company said on Tuesday.
US President Donald Trump signed an executive order Tuesday to revive the country’s shrinking coal industry, rolling back key restrictions despite the fuel’s major role in climate change and pollution.
Peabody Energy said on Tuesday it was reviewing all options related to its $3.78 billion acquisition agreement with Anglo American for some of its Australian steelmaking coal assets after an ignition event at a mine.
Rio Tinto has reached a significant milestone in local manufacturing, unveiling its first Western Australian-built iron ore rail car.
“King coal is back!” Mineral Resources and Petroleum Minister Gwede Mantashe exclaimed at the ribbon cutting of coal producer Seriti’s new Naudesbank Colliery, near Carolina, in Mpumalanga, on March 14.
Coal miner MC Mining has recorded a 31% year-on-year decrease in run-of-mine (RoM) tonnes from the Uitkomst Colliery, in South Africa’s KwaZulu-Natal province, for the six months ended December 31, 2024, mainly owing to geological challenges.
Australia has failed to secure an exemption from US steel and aluminum tariffs despite an extensive lobbying campaign by Prime Minister Anthony Albanese’s government, in a blow to ties between the longtime allies.
The US is eyeing emergency authority to bring back coal-fired plants that have closed and stop others from shutting, Interior Secretary Doug Burgum said Monday.
