Glencore scraps giant Australian coal project on net-zero goals

Mining News Pro - The company won’t develop the A$2 billion ($1.3 billion) Valeria project in Queensland’s Bowen Basin, it said Thursday. The site would have produced about 20 million tons of coal a year, and been a major source of global carbon dioxide over its 37-year lifetime.

Australia court blocks giant coal mine on human rights grounds

Mining News Pro - The Galilee Coal Project would add 1.58 billion tons of carbon dioxide to the atmosphere over its lifespan — more than triple Australia’s annual domestic emissions — and impact the human rights of future generations, the Queensland Land Court ruled on Friday.

Hundreds of power plants in the US violate Coal Ash Rule

Mining News Pro - Also in Wyoming, the Jim Bridger Power Plant makes the list because it has two coal ash ponds and an ash landfill, and groundwater monitoring nearby shows lithium at 164 X safe levels and sulphate at 125 X safe levels.

How much will coal’s transition cost?

Mining News Pro - The amount is around 20% of all clean energy spending in the IEA Announced Pledges Scenario (APS), which assumes that all climate commitments made by governments around the world will be met in full and on time.

Wealthiest nations offer Indonesia $20 billion to wean off coal

Mining News Pro - The deal put forward by the Just Energy Transition Partnership (JETP), which includes the US, Japan, Canada, the UK, and several European countries in the EU and Norway, has been more than a year in the making.

Aluminum-based material can scrub CO2 from coal-fired power plants’ exhaust

Mining News Pro - Among them, aluminum formate – which the scientists refer to as ALF – has proven effective in separating carbon dioxide from the other gases that commonly fly out of the smokestacks of coal-fired power plants. It also lacks the shortcomings that other proposed carbon filtration materials have.

US coal prices climb past $200 as global energy crunch boosts demand

Mining News Pro - US coal prices surged past $200 for the first time as a global energy crunch drives up demand for the dirtiest fossil fuel.

Anglo coal spinoff looks cheap against peers after 1,300% surge

Mining News Pro - Thungela Resources Ltd. has soared more than 1,300% since the South African coal miner was carved out of Anglo American Plc last year. But despite this scorching rally, investors value the stock at a discount to worldwide peers, whose reserves of the fuel may last longer.

Asia coal price hits record as global hunt for fuel escalates

Mining News Pro - Thermal coal in Asia advanced to a record as a threat of supply disruptions adds new risks to a global energy sector already engulfed in crisis.

Could Coal Waste Be Used to Make Sustainable Batteries?

Mining News Pro - Acid mine drainage has long been a scourge in Appalachia. Recent research suggests that we may be able to simultaneously clean up the pollution and extract the minerals and elements needed to power green technologies.

Europe crisis shows coal’s value, South Africa minister says

Mining News Pro - South Africa’s energy minister dismissed the notion that renewable electricity can bring an end to years of rolling blackouts, pointing to Europe’s pivot back to the use of fossil fuels as evidence of the constraints of using green energy.

Increasing demand for US coal pushes workforce numbers up in Q2’22

Mining News Pro - Total US coal production rose in the second quarter of 2022 compared to a year earlier, and a sustained rise in demand for the fuel used in domestic and power generation allowed companies to increase their worker head counts, S&P Global Market Intelligence reports.

India coal baron becomes world’s third richest trailing only Musk

Mining News Pro - Few outside of India had heard of Gautam Adani just a few years ago. Now the Indian businessman, a college dropout who first tried his luck as a diamond trader before turning to coal, has become the world’s third-richest person.

Russian seaborne coal exports halted by EU ban

Mining News Pro - Russian coal exports were effectively halted by a European Union ban on entities within the 27-nation bloc servicing shipments of the fuel to anywhere in the world.

South32 in talks with Appin coal mine workers over pay

Mining News Pro - South32 Ltd said on Wednesday it was in pay-related negotiations with its Appin coal mine workers following their threat to stage a partial strike for a week.

South32 in talks with Appin coal mine workers over pay

Mining News Pro - South32 Ltd said on Wednesday it was in pay-related negotiations with its Appin coal mine workers following their threat to stage a partial strike for a week.

South32 nixes $700 million investment in NSW met coal mine

Mining News Pro - Global miner South32 Ltd said on Tuesday it would not proceed with a $700 million upfront investment to extend its Dendrobium metallurgical coal mine in New South Wales, citing scant potential returns.

Germany to prioritize coal trains over passenger services

Mining News Pro - Germany plans to give coal trains priority over passenger services on its rail network as it struggles with an energy crunch that’s threatening the economy, the Welt am Sonntag newspaper reported, citing a draft proposal.

India may delay coal plant closures in blow to climate action

Mining News Pro - India’s government is studying a slower retirement of aging coal-fired power plants as it also adds newer sites, a move that would keep fossil fuel capacity higher for years and potentially stall efforts to hit climate goals.

UK coal mine dilemma pits energy crisis against green goals

Mining News Pro - In the far northwest corner of England, coal mining was so finished that the local museum paying tribute to the industry shut a few years ago after running into financial trouble.

Coal giants are making mega profits as climate crisis grips the world

Mining News Pro - The globe is in the grips of a climate crisis as temperatures soar and rivers run dry, and yet it’s never been a better time to make money by digging up coal.

Australia’s renewable energy ambitions dwarfed by coal

Mining News Pro - One of the refrains of the environmental lobby is that Australia is extremely well-placed to become a renewable energy superpower, and that this will replace the loss of revenue from coal and natural gas exports.

Coal’s skyrocketing prices could last years on Russia disruption

Mining News Pro - Coal’s remarkable rise from a fuel left for dead to one of the world’s hottest commodities is likely to last for years.

Ten Mexican miners remain trapped in coal mine after three rescued

Mining News Pro - Rescuers in Mexico, including dozens of soldiers, were working desperately on Wednesday to reach ten miners trapped in a flooded coal mine following the collapse of an inner wall, the ministry handling the disaster said.

Glencore profit more than doubles thanks to soaring coal price

Mining News Pro - Mining and commodities trader Glencore (LON: GLEN) posted on Thursday record profit of $18.9 billion in the first half of 2022, more than doubling last year’s figure thanks to its booming thermal coal business.

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