World News Archives - Page 11 of 148 - Coal Age

World News

Philippines’ Semirara to Invest in Major Expansion

Semirara Mining & Power Corp. (SMPC) plans to invest $5 billion to expand its mines, according to Bloomberg. The company has proposed a 5-year spending plan that includes capital expenditures, production costs, and operating...

Gunmen Kill 20 Coal Miners in Pakistan

On Friday, October 11, 2024, gunmen stormed a coal mine in southwest Pakistan and killed 20 miners, according to the Associated Press. The police are searching for the perpetrators. The gunmen rounded up the men before opening...

CIL to Invest $8B on Coal-fired Power Plants

Coal India Ltd. (CIL) is planning to spend $8 billion to build coal-fired power plants near its mines, according to Bloomberg News. The company has been given approval to construct 4.7 gigawatts (GW) of generation over the next...

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Uniper to Sell Datteln 4 Plant in Germany

Uniper launched a sales process for its 1,052-megawatt coal-fired power plant Datteln 4 in North Rhine-Westphalia, Germany, in accordance with European Commission state-aid terms, according to The Wall Street Journal. In 2022,...

Tata Steel Commissions India’s Largest Blast Furnace

Tata Steel’s new Kalinganagar coking plant in Odisha is due to start operations in Q4 2024, according to Metallurgprom. The plant’s production capacity is about 1.5 million mt/y, which increases the need for coking coal to 2.1...

New Open-pit Coal Mine Proposed for British Columbia

CTI Plus Resources Ltd. submitted an Initial Project Description (IPD) and Engagement Plan (EP) for the Rocky Creek Metallurgical Coal Project to the British Columbia Environmental Assessment Office (BC EAO) and the Federal...

Australia Approves Life Extensions for Coal Operations

The authorities in Australia recently approved the extension of operations at Whitehaven Coal’s Narrabri, MACH Energy Australia’s Mount Pleasant and Ashton Coal’s Ravensworth thermal coal mines in New South Wales, Bloomberg...

China to Invest $24B on Coal-to-oil Project

China Energy Investment Corp. (CEIC) plans to invest $24 billion to build an integrated plant in Hami, Xinjiang, that will convert coal into oil products, according to Bloomberg. The facility will be powered by renewable energy....

GEAR Secures Funding for Illawarra Acquisition

A group of banks and investors led by Singapore’s Golden Energy and Resources (GEAR) has secured $850 million to buy South32’s Illawarra metallurgical coal complex in Australia, Reuters reported. A group of five private lenders...

Clara Completes Acquisition of Renison Coal

Clara Resources Australia Ltd. said it has completed its acquisition of Renison Coal Pty Ltd. Clara is now the sole owner of the Ashford coking coal project in the Northern Tablelands of New South Wales, Australia. “This is a...

Botswana Hopes to Export Coal Through Mozambique

Three southern African countries signed a deal to proceed with a rail and port project to help land-locked Botswana export coal through Mozambique, Bloomberg reported. The African Development Bank has agreed to finance a...

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