Image: Parilov/stock.adobe.comWhile thermal coal faces an uncertain future as the energy transition ramps up, what is the future of metallurgical coal? Some longer-term headwinds are emerging for this fundamental steelmaking ingredient. Read More The post Could new tech hurt met coal demand? appeared first on Australian Resources & Investment ..read more

As the thermal coal industry comes to terms with waning demand in the years to come, warmer weather could affect demand as early as 2024. Fitch Solutions discusses the thermal coal outlook for the year ahead. Read More The post The thermal coal outlook for 2024 appeared first on Australian Resources & Investment ..read more

Bowen Rail Company has achieved a new tonnage record for Bravus Mining and Resources’ Carmichael coal mine. Read More The post Bowen Rail celebrates coal tonnage record appeared first on Australian Resources & Investment ..read more

Strong demand will see the price of coking, which is primarily used in steelmaking, rise towards the end of 2023. However, the future is less certain. Short-term outlook Read More The post The coking coal outlook appeared first on Australian Resources & Investment ..read more

As the ink dries on Whitehaven Coal’s $US4.1 billion ($6.5 billion) acquisition of two of BHP’s Queensland coal assets, movement on the ASX shows that stakeholders are mulling over the broader significance Read More The post Whitehaven coal swoop a matter of longevity appeared first on Australian Resources & Investment ..read more

Keep up with the latest executive movements across the mining sector, featuring BHP and Yancoal Australia. **** BHP Group joint secretary Prakash Kakkad has resigned from his Read More The post Yancoal Australia chairman vacates the throne appeared first on Australian Resources & Investment ..read more

Australian Pacific Coal (AQC) has received a non-binding letter of intent for $75 million in debt funding to restart the Dartbrook coal mine in NSW.  AQC requires Read More The post Dartbrook coal mine receives funding for restart appeared first on Australian Resources & Investment ..read more

The first 10 million tonnes of high-quality thermal coal from the Carmichael mine in Queensland have been mined and railed for export. The post Carmichael delivers first 10 million tonnes appeared first on Australian Resources & Investment ..read more

While coal prices have pulled back in recent months, this didn’t stop Whitehaven Coal from enjoying a record average price across the 2022–23 financial year (FY23). The company shifted coal at an average of $445 per tonne (t) across the 12 months. This was supported by a record September 2022 quarter where prices averaged $581/t and a strong December 2022 quarter ($527/t). The average coal price in the June quarter of 2023 was $264/t. Whitehaven boosted production by 19 per cent quarter-on-quarter (qoq) in the three months to June 30, with 5.1 million tonnes (Mt) of run-of-mine (ROM) coal prod ..read more

Bravus Mining and Resources will be championing north and central Queensland and the role of coal in a sustainable energy mix at the world’s biggest mining conference this week.  The World Mining Congress is the mining and resources sector’s pre-eminent global forum, bringing together more than 2500 delegates from 50 countries for three days of all-things mining.  The event is held once every three years and moves around the globe, with the 2023 event in Brisbane the first time in the congress’ 60-year history that the gathering has been held in Australia.  Bravus head of commun ..read more