Glencore scraps $1.3 billion Australian coal project

Mining News Pro - Peers including BHP (ASX: BHP) and Rio Tinto (ASX: RIO) are in the midst of a transformation away from carbon-emitting fossil fuels in favour of minerals necessary in the low-carbon energy transition, such as copper, nickel, lithium and cobalt.

Glencore scraps giant Australian coal project on net-zero goals

Mining News Pro - The company won’t develop the A$2 billion ($1.3 billion) Valeria project in Queensland’s Bowen Basin, it said Thursday. The site would have produced about 20 million tons of coal a year, and been a major source of global carbon dioxide over its 37-year lifetime.

China’s new energy policies kill 15 overseas coal projects

Mining News Pro - About 12.8 GW (15 plants) of China-backed overseas coal projects that received either financial backing or equipment, procurement and construction support from Chinese firms were shelved or cancelled since September 2021 as a result of revised energy policies in host countries and the withdrawal of support from Chinese firms, a recent report by the Centre for Research on Energy and Clean Air states (CRECA).

China pledges to stop financing international coal projects

Mining News Pro - As China pledges to stop financing international coal projects, local coal producers have met to try and resolve the ongoing domestic coal shortage, as the winter peak generation season approaches.

Consol restarts West Virginia metallurgical coal project

Mining News Pro - US coal miner Consol on Tuesday announced that it would recommence work on the Itmann metallurgical coal project, in West Virginia, committing to move forward with the construction of a coal preparation facility that would start up in 2022.

New federal policy makes it harder to develop Canada thermal coal projects

Mining News Pro - The Canadian government on Friday announced its thermal coal mining policy, which will make it harder for new thermal coal mining and expansion projects to be approved.

Clive Palmer coal project hits roadblock

Mining News Pro - The Queensland Department of Environment and Science has knocked back Mineralogy’s proposed Central Queensland coal project near Great Barrier Reef.

NSW Govt blocks Gunnedah Basin coal project

Mining News Pro - The New South Wales Government has paid China Shenhua Energy Company (CSEC) $100 million after withdrawing its mining lease application for the Shenhua Watermark coal project in the Gunnedah Basin.

Laneway sells coal project stake to focus on gold

Mining News Pro - Aus Tin mining has completed its stage one acquisition of the Ashford coking coal project in New South Wales from Laneway Resources.

Australian govt says superannuation funds should support new coal projects

Mining News Pro - Australia`s superannuation funds should be free to support the coal industry`s expansion plans, Resources Minister Keith Pitt said on Tuesday, as a battle heats up over new mines in the key Hunter Valley mining region of New South Wales.

Cokal contracts Harmoni for coking coal project

Mining News Pro - Cokal has appointed Indonesia’s Harmoni Panca Utama to provide contract mining services at the Bumi Barito Mineral coal development project in the country’s Central Kalimantan province.

South32 moves on from Eagle Downs coal project

Mining News Pro - South32 has stepped away from the Eagle Downs metallurgical coal project in Queensland after deciding it’s not financially viable.

Teck shares plunge on Ottawa environment review of BC coal project

Mining News Pro - Canada’s national association for miners, the Mining Association of Canada (MAC), is weighing in on the federal government’s decision to review Teck Resources‘ proposed Castle Mountain metallurgical coal project in British Columbia, saying the additional review is unnecessary as the project is already undergoing a rigorous provincial environmental review process, and accusing the government of making a political decision.

Glencore receives special status for QLD coal project

Mining News Pro - The Queensland Government has recognised Glencore’s proposed billion-dollar coal mine, Valeria as a coordinated project.

Resgen shareholders advised to vote by proxy on Boikarabelo coal project

Mining News Pro - Energy resources company Resource Generation (Resgen) is considering alternative arrangements for its extraordinary general meeting (EGM), which is scheduled for April 7, in Australia.

Africa’s biggest bank releases funding policy on coal projects

Mining News Pro - Standard Bank Group, Africa’s biggest bank by assets, has become the first South African lender to release its policy toward funding of thermal coal mining and power projects.

Canada to launch strategic assessment for new thermal coal projects

Mining News Pro - Canada’s Minister of the Environment and Climate Change, Jonathan Wilkinson, in partnership with Natural Resources Minister, Seamus O’Regan, have announced that Canada will launch a strategic assessment looking into how future new thermal coal mine projects will be assessed under the government’s Impact Assessment Act.

Glencore’s massive NSW coal project gets conditional approval

Mining News Pro - The New South Wales government’s Independent Planning Commission (IPC) has approved, with conditions, Glencore’s A$381 million United Wambo coal project in the Australian state’s Hunter Valley.

Labor plans to stop Wallarah 2 coal project despite federal approval

Mining News Pro - Wyong Coal’s long-gestating Wallarah 2 coal project in New South Wales may have secured a federal government approval, but the project could still be nixed if Labor wins the next state election.

Fitzroy Australia partners with Nepean to deliver Ironbark No. 1 coal project

Mining News Pro - Nepean Mining will design and deliver key equipment and infrastructure at Fitzroy Australia Resources’ Ironbark No. 1 coking coal project in Queensland.

Golding awarded contract for Fitzroy Australia coal project

Mining News Pro - NRW Holdings subsidiary Golding has inked a contract with Fitzroy Australia Resources for works at the Ironbark No.1 coal mine in Queensland.

Thiess awarded $1.2bn contract for BHP Mt Arthur Coal project

Mining News Pro - A major mining services provider has been awarded a multi-million-dollar contract to provide mining services at the largest individual coal production site in North South Wales Hunter Valley.

Pembroke Resources achieves key step toward $1bn coking coal project

Mining News Pro - Pembroke has achieved a major step toward developing its $1 billion Olive Downs coking coal project in the Bowen Basin in Queensland with the release of its environmental impact statement (EIS) for public comment.

Reviewing the Grassy Mountain coal project

Mining News Pro - The Honourable Catherine McKenna, Minister of Environment and Climate Change and Jim Ellis, President and Chief Executive Officer of the Alberta Energy Regulator, have announced the establishment of a three-member Joint Review Panel to review Benga Mining’s proposed Grassy Mountain coal project, located in southwest Alberta.

Wesfarmers sells stake in Bengallla thermal coal project for $860 million

Mining News Pro - One of the largest diversified companies in Australia has exited the coal industry, with a multi-million dollar sale of its stake in a joint venture.

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