Iron ore and Coal

Mining News Pro - BHP has welcomed the arrival of the first modules that are destined for the South Flank iron ore project in the Pilbara, Western Australia.

Mining News Pro - Germany imported 40.2 million tonnes of hard coal last year, 14.7% less than in 2018 due to competition from renewables and gas, and as the steel industry curbed usage, importers said on Friday.

Mining News Pro - World`s second largest iron ore miner- Rio Tinto`s Pilbara iron ore shipments witnessed at 327.4 MnT for CY19, down 3% as against 338.1 MnT in CY18. The shipments dropped amid weather disruption, fire at Cape Lambert A port facility, operational challenges, and also amid efforts to deliver higher quality Pilbara blend.

Mining News Pro - Benchmark iron ore prices climbed on Friday after economic data showed the country’s steelmakers produced just shy of 1 billion tonnes in 2019, the second record-breaking year in a row.

Mining News Pro - Benchmark iron ore prices climbed on Tuesday after trade data showed Chinese imports of the steelmaking raw material topped 1 billion tonnes for the third year in a row as Beijing’s efforts to stimulate the economy pays off.

Mining News Pro - BlackRock Inc. will cut exposure to thermal coal as the world’s largest asset manager moves to address climate change, but that doesn’t mean it’s selling out of the biggest producers — including top shipper Glencore Plc.

Mining News Pro - German engineering giant Siemens will honor a controversial contract to supply signalling systems to Adani’s Carmichael coal mine in Australia, despite being under fire for the project’s alleged climate implications.

Mining News Pro - The Indian conglomerate coming under increasing pressure over its controversial coal mine in Australia said it won’t let protests dissuade it from completing the project.

Mining News Pro - Metallurgical coal producer Coronado Global Resources said on Monday it had suspended operations at its only mine in Australia after a worker was killed there.

Mining News Pro - Brazil is pushing ahead with plans to allow mining in the indigenous reserves of the Amazon rain forest and will send a bill to Congress later this month to regulate the activity, according to the country’s minister for mines and energy.

Mining News Pro - Teck Resources Limited announced Wednesday an expanded commercial agreement with Ridley Terminals Inc. (RTI) for shipments of steelmaking coal from Teck’s British Columbia operations.

Mining News Pro - India will lift restrictions on the use of coal mined domestically and ease bidding rules from March, a minister said on Wednesday, as the country aims to attract foreign mining companies and reduce imports of the fossil fuel.

Mining News Pro - Samarco Mineracao SA has rejected creditors’ formal request to resume talks to restructure its defaulted debt, signaling heightened risks for bond holders, according to people with direct knowledge of the situation.

Mining News Pro - The world’s biggest miner BHP is looking to India’s fast-growing economy and its accelerating steelmaking output as a way to help offset the declining Chinese coal demand in the new decade, The Sydney Morning Herald reported.

Mining News Pro - With the dates of 2020 auction edging closer, Indian iron & steel industry is drawing up plans to make up for iron ore supply disruption. India’s largest iron ore producing state – Odisha has lined up auction for 20 iron ore & manganese ore mines and Karnataka has put 6 iron ore mines by March 2020.

Mining News Pro - Consulting firm GlobalData and the Stockholm Environment Institute joined forces to provide a series of recommendations on how to address the social challenges related to the closure of coal mines.

Mining News Pro - Duke Energy Corp. reached a settlement with North Carolina regulators and environmentalists to close its remaining coal ash ponds in the state, ending a long-running fight over cleaning up waste from power plants.

Mining News Pro - Democratic presidential hopeful and former US vice president Joe Biden told unemployed miners, particularly those in the coal sector, to learn to code so that they can access the jobs of the future.

Mining News Pro - The Workers’ Safety and Compensation Commission filed 16 charges in the Nunavut Court of Justice against Baffinland Iron Mines Corporation accusing the company of failing to keep safe a main road used to haul iron ore, which caused the death of a 63-year-old truck driver.

Mining News Pro - Australia is bearing the brunt of China’s year-end coal import restrictions, ceding market share to other exporters including Russia and Mongolia, after shipments soared earlier in 2019.

In Picture

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