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NEWS Click on text to read news by category: General | Product | People | Worldwide

U.S. Thermal Coal Exports Hit Four-year High in 2021

February 11, 2022

U.S. thermal coal exports surged to four-year high 36.17 million mt in 2021, up 47.9% from 2020, according to U.S. Census Bureau data released Feb. 9. December thermal coal exports totaled 3.12 million mt, up 0.7 percent on the month

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Anglo American Starts Up New Aquila Coal Mine in Queensland, Australia

February 9, 2022

Anglo American’s new Aquila Coal Mine has achieved its first longwall shear of steelmaking metallurgical coal on schedule and on budget, marking the project’s final stages of construction and commissioning. The Aquila mine, located near Middlemount in Central Queensland in

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Coal’s Not Dead, and Won’t Be for Years to Come

February 4, 2022

Coal may be losing market share as a major energy source in some parts of the world, but the death knell for the industry hasn’t sounded yet, and might not for decades. Thermal coal which is used for power generation,

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Thiel-Backed Miner Partners With Bilfinger on Europe’s First Lithium Refinery

February 4, 2022

Rock Tech Lithium Inc. and Bilfinger SE have agreed to cooperate on building Europe’s first lithium refinery in a push to supply the region’s shift toward battery-powered cars. The Canadian miner and the German industrial services provider have signed a

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Polish, Czech Governments Sign Deal to Keep Turow Coal Mine and Plant Operational

February 4, 2022

The prime ministers of Poland and the Czech Republic said on Thursday they have signed an agreement settling a long-running dispute over a lignite mine on the border of the two countries. Polish Prime Minister Mateusz Morawiecki said the agreement

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Indonesia Starts Construction of $2.3 Billion Coal Gasification Plant

February 2, 2022

Indonesian President Joko Widodo launched construction of a $2.3 billion coal gasification plant on Monday, in a bid to slash the country’s liquefied petroleum gas (LPG) imports while optimising its coal resources. The plant is designed to utilize 6 million

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Rio Tinto Releases External Review Report of Workplace Culture

February 1, 2022

Rio Tinto published a comprehensive external review of its workplace culture, commissioned as part of its commitment to ensure sustained cultural change across its global operations. The review, which was carried out by former Australian Sex Discrimination Commissioner Elizabeth Broderick,

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Glencore to Sell Warehousing and Logistics Business to Infinity for $177 Million

February 1, 2022

Glencore has agreed to divest its warehousing and logistics business, which operates as Access World, to Infinity Logistics and Transport Ventures for $176.7 million in cash. Headquartered in Switzerland, Access World is mainly involved in providing the storage of commodities

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Rio Tinto Reaches Agreement with Mongolian Gov’t to Move Ahead with Oyu Tolgoi Underground Project

January 27, 2022

Rio Tinto and its subsidiary Turquoise Hill Resources (TRQ) have reached an agreement with the Mongolian government to move ahead with the $6.93 billion Oyu Tolgoi underground project. The agreement ends a long-running dispute between the parties over the project.

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Mining Truck Explosion Kills 17, Levels Dozens of Buildings in Ghana

January 21, 2022

A motorcycle crashed into a truck carrying mining explosives in western Ghana, igniting a huge explosion that leveled dozens of buildings and killed 17 people. Video from the scene showed a crater in the earth and people rushing to collect

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