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World Coal Association Rebrands as FutureCoal Global Alliance
November 21, 2023
After 38 years the World Coal Association (WCA) will cease and usher in a new era under the transformative branding: FutureCoal - The Global Alliance for Sustainable Coal. Unveiling the new brand logo and identity at a dedicated press conference
Fortescue Approves $750 Million Investment for Three Green Projects
November 21, 2023
Australia’s Fortescue approved on Tuesday an estimated total investment of about $750 million over the next three years for two green energy projects and one green steel project as the iron ore miner seeks to become a top-tier clean energy
Anglo American Launches Valutrax™ Digital Traceability to Increase Value Chain Transparency
November 15, 2023
Anglo American has launched Valutrax™, a proprietary digital traceability solution designed to provide customers with greater assurance about the provenance of the products they purchase. Valutrax™ offers a single point of access to core information about such products, helping to
Glencore Enters Binding Agreement to Acquire 77% Interest in Teck’s Coal Unit for $6.93 Billion
November 14, 2023
Glencore has entered into a binding agreement with Teck Resources for the acquisition of 77 percent interest of Teck’s steelmaking coal business, Elk Valley Resources (EVR), for $6.93 billion in cash. Concurrently, Teck has agreed with Nippon Steel Corporation (NSC)
Anglo American Secures Approval for Lake Lindsay Coal Mine Expansion, Australia
November 13, 2023
Anglo American has secured the mining lease for the expansion of the Lake Lindsay metallurgical coal mine in Central Queensland (QLD), Australia. This mining lease from the QLD government marks the final hurdle for the coal mine expansion. It allows
Sandvik Secures Fossil-free Steel for Future Manufacturing of Loaders and Trucks
November 10, 2023
Sandvik Mining and Rock Solutions and steelmaker SSAB have signed a letter of intent for purchasing of fossil-free steel to be used in the production of Sandvik loaders and trucks for the mining industry. SSAB aims to deliver fossil-free steel
Wabtec and Roy Hill Unveil the First FLXdrive Battery Locomotive
November 10, 2023
Wabtec and its launch customer Roy Hill, majority owned by Hancock Prospecting, celebrated the debut of the FLXdrive battery locomotive, the world’s first 100 percent battery-powered, heavy-haul locomotive for mainline service. The ceremony unveiled the unique, striking pink-colored locomotive at
Ivanhoe Mines Set to Reach 46% Emissions Reduction at Kamoa-Kakula Copper Mine, DRC
November 6, 2023
Ivanhoe Mines released an updated current and future greenhouse gas (GHG) emissions assessment of the Kamoa-Kakula Copper Complex. The assessment, conducted by independent consultants Skarn Associates of London, England and WSP Group of Montreal, Canada, confirms that Kamoa-Kakula is the
EIA: EU Sanctions on Russia’s Coal Increase U.S. Coal Exports to Europe
November 3, 2023
U.S. coal exports increased by 5.7 million short tons (MMst) in the 12 months after EU sanctions on coal from Russia went into full effect in August 2022. The increase was driven almost exclusively by a 22 percent jump in
Rio Tinto and Prysmian Partner on Supply Chain to Expand Power Grids for Energy Transition
November 3, 2023
Rio Tinto and cable solution provider Prysmian are partnering to build a more sustainable North American supply chain for materials needed to expand power grids for the energy transition. According to the EIA, power generation from renewables in the U.S.
