by Gordon Barratt | May 5, 2020 | News
US-based miner Arch Coal will be known as Arch Resources from May 15, underscoring the company’s transition to a producer of metallurgical products for the global steel industry. “Arch produces some of the world’s highest quality metallurgical products for the...
by Gordon Barratt | May 5, 2020 | News
The coronavirus pandemic and national lockdown has highlighted the growing financial risks to India’s coal-fired power plant sector, a technology being superseded by international finance investing in new, cheaper, and cleaner renewable energy, finds a new IEEFA...
by Gordon Barratt | May 4, 2020 | News
Image: British Marine Nathan River Resources has received further approval to move the Nathan River iron ore project in the Roper Gulf region of the Northern Territory into the next stage of development. The British Marine Group-owned company took over the former...
by Gordon Barratt | May 4, 2020 | News
Epiroc has enhanced the Minetruck MT65 with an upgrade that lowers the emissions that are generated from the world’s largest capacity underground mine truck. The Minetruck MT65 has been given a range of improvements since 2016, with the addition of a new engine that...
by Gordon Barratt | May 4, 2020 | News
Westpac has promised to stop supporting thermal coalmining, joining other major financial institutions in promising it will not back the fossil fuel industry through investments or loans beyond 2030. It leaves ANZ as the only big Australian bank not to have pledged to...
by Gordon Barratt | May 4, 2020 | News
The 6.6 gigawatt Hamrawein coal power proposal in Egypt has been shelved because of over-capacity concerns and a growing preference for renewable energy. Hamrawein was a proposal led by a consortium of China’s Shanghai Electric, Dongfang Electric and Egypt’s Hassan...