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ASIC’s four-year pursuit of Rio settled for $750k
28 Feb 2022Rio Tinto and the Australian Securities and Investments Commission have asked the Federal Court to approve a settlement that would end a four-year legal saga for the sum of $750,000. . ...Read More
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China sees biggest growth in energy and coal use since 2011
28 Feb 2022China recorded its biggest increase in total energy consumption and coal use in a decade in 2021, as the economy recovered from COVID-19 slowdown a year earlier, data from the country’s statistics bureau showed on Monday. . ...Read More
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Orsted sticks to Gazprom deal but halts Russian coal, biomass purchases
28 Feb 2022Danish energy firm Orsted has stopped sourcing Russian coal and biomass for its power plants but will continue to buy up to 2 billion cubic metres (bcm) of natural gas from Gazprom per year under a long-term contract. . ...Read More
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Energy Crisis Worsens As Russia Delays Coal Supply
24 Feb 2022Coal prices are rising again as the Russia-Ukraine crisis has put energy markets on alert and Russian coal producers struggle to get their coal via railways to export terminals due to COVID-related railway staff shortages. . ...Read More
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From coal to zero-emission district, Dudelange industry area will get a second life
24 Feb 2022Thank you for sharing this story! However, please do so in a way that respects the copyright of this text. If you want to share or reproduce this full text, please ask permission from Innovation Origins (partners@innovationorigins.com) or become a partner of ours! You are of course free to quote this story with source citation. Would you like to share this article in another way? Then use this link to the article: https://innovationorigins.com/en/from-coal-to-zero-emission-district-dudelange-industry-area-will-get-a-second-life/ . ...Read More
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China sets price guide for benchmark thermal coal
24 Feb 2022China has set a "reasonable" price range for the benchmark 5,500 kcal thermal coal at Qinghuangdao Port for medium- and long-term trading at 570-770 yuan ($86.98-$121.77) a tonne, the country's state planner said on Thursday. . ...Read More
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China starts building 33 GW of coal power in 2021, most since 2016 -research
24 Feb 2022China started building 33 gigawatts of new coal-fired power generation capacity last year, the most since 2016, research published on Thursday showed, a sign the country is falling back on fossil fuels as economic worries mount. The newly added capacity under construction was three times more than the rest of the world combined, said Helsinki-based Centre for Research on Energy and Clean Air (CREA) and U.S. think tank Global Energy Monitor (GEM). . ...Read More
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Teck Resources Seeks Sale of Stake in $8 Billion Coal Business
23 Feb 2022Teck Resources Ltd. is exploring the sale of a minority stake in its metallurgical coal business as it seeks to take advantage of surging prices for the commodity, people familiar with the matter said. The Canadian miner has approached parties including smaller rival Arch Resources Inc. to gauge their interest in buying a stake of 10% or more in the business, the people said, asking not to be identified as the matter is private. . ...Read More
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Clarity on rules, predictability needed to avert coal crisis in Indonesia: panel
23 Feb 2022Transparency regarding the allocation of coal to the domestic market in Indonesia, some degree of demand-supply predictability and clarity on regulations over failure to meet local supply requirements are essential to avoid a crisis in the future, industry experts said at a webinar Feb. 22. . ...Read More
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Warrior Met Coal Targets Higher Production This Year -- Commodity Comment
23 Feb 2022Warrior Met Coal Inc. is aiming for higher production in 2022 after two years of declines. . ...Read More
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Anglo American Restarts Grosvenor Coal Mine
21 Feb 2022Anglo American PLC said Monday that it has restarted operations at its Grosvenor metallurgical coal mine in Queensland, Australia. . ...Read More
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China Signals Coal Reliance to Continue With Three New Mines
21 Feb 2022China’s top planning agency approved three different billion-dollar coal mine projects on Monday as the country continues to support the fuel that much of the rest of the world is shunning.The National Development and Reform Commission gave the go ahead to two mines in the northwestern province of Shaanxi and another in Inner Mongolia. The three projects will require a total investment of 24.1 billion yuan ($3.8 billion) and produce 19 million tons of coal a year. . ...Read More
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Italian government approves measures worth $6.8bn; Coal India cautions output crunch amid cost pressure: NRG matters
21 Feb 2022On a macro level, countries like Italy and India continue to pave the way for a green and sustainable future. Nevertheless, there remains a level of instability due to cost pressure as well as political tensions between Russia and Ukraine. . ...Read More
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China pauses coal price reporting in attempt to stamp out rally
18 Feb 2022The National Development and Reform Commission "NDRC" asked major coal miners to reduce prices last week, after coal futures surged to their highest level in months. Thursday, Mining Weekly reported that two major data providers have stopped posting prices altogether, in hopes to "avoid misleading market players." . ...Read More
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Bowen Coking Coal provides Bluff sales contracts update
18 Feb 2022Further to the ASX release dated 11 February 2022, Bowen Coking Coal Ltd has agreed initial unconditional coal sale contracts with two Tier 1 Asian end users, both of which are multi-billion dollar steel producers (Posco and Formosa), for a fixed volume of 250 000 t. 40 000 t are scheduled for delivery within 2Q22 with the remainder evenly spread over 2H22. . ...Read More