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QRC welcomes federal Investment in new steelmaking Coal Project near Moranbah

The Queensland Resources Council (QRC) has welcomed the Northern Australia Infrastructure Facility’s (NAIF) decision to invest in a new metallurgical coal mine near Moranbah in Central Queensland. The Pembroke Resources-owned Olive Downs Steelmaking Coal Complex (Olive Downs) in the Bowen Basin will receive a $175 million NAIF loan to kickstart construction of a ‘21st century mine built to 21st century standards’.

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Acrux Sorting and Wescoal Sign Coal Beneficiation Agreement

Acrux Sorting Technology Proprietary Limited’s subsidiary, Acrux Sorting Coal (Pty) Ltd (“ASC”), has signed a coal beneficiation agreement with two wholly owned subsidiaries of Johannesburg Stock Exchange (“JSE”) listed mining company Wescoal Holdings Limited (“Wescoal”), whereby ASC will deploy advanced sensor-based sorting technology to upgrade lower-grade coal from the mines.

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Anglo American completes Demerger of Thungela Thermal Coal Business

Anglo American plc announces the completion of the demerger of its thermal coal operations in South Africa. Thungela Resources Limited will start trading today through a primary listing on the Johannesburg Stock Exchange under the abbreviated name “Thungela”, and a standard listing on the London Stock Exchange (ticker symbol “TGA”). As a leading South African thermal coal exporter, Thungela offers investors access to a high quality thermal coal business with low cash cost and high-margin assets and a strong balance sheet, underpinned by a robust ESG framework.

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Anglo American reinforces Sustainability Integration and Progress

Anglo American plc (“Anglo American”) is today presenting its biannual sustainability performance update.

Mark Cutifani, Chief Executive of Anglo American, said: “A sustainable business is one that has an enduring purpose in society and that considers in all its decision-making the many different forms of value that it can deliver for all stakeholders, including the natural environment.

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Coal Production from top Ten Mining Companies expected to increase by up to 6.6% in 2021 according GlobalData

Coal production from the top ten mining companies (Coal India, China Shenhua, Yanzhou Coal, Peabody, China National Coal, Glencore, Siberian Coal, PT Bumi, BHP and Arch Resources) fell from a collective 1,704Mt in 2019 to 1,633Mt in 2020, which is a 4.2% decline. The most significant declines were observed from Arch Resources (28.6%), PT Bumi (24.9%), Glencore (23.9%), and Peabody (21.8%), according to GlobalData, a leading data and analytics company.

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Milestone for Coal Mine Rehabilitation

The Queensland Resources Council (QRC) has joined the Resources Minister, Scott Stewart, in congratulating Glencore coal on its transformation of previous open-cut mining areas at Oaky Creek coal mine to native vegetation with the potential for grazing. 

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Delegation from Turkish mining area signs cooperation contract with Halbach & Braun Maschinenfabrik GmbH & Co.

  • Zonguldak hard coal mining doubles output and modernises plant technology

A core region of hard coal extraction and energy production with a 200-year mining tradition: This brief description applies to the Ruhr region, but also to Turkey with numerous state and private hard coal mines. But there is also a considerable difference: while coal mining in the Ruhr region has been history for a year, it has excellent prospects in Turkey. This is because the considerable regional deposits are to be mined more intensively than before. This is the aim of Turkey's energy development plan, which aims to reduce its dependence on energy imports.


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