Tag: Thermal Coal

As one of the nation’s largest coal producing regions, the Hunter Valley has remained steadfast in response to mounting global pressure over the mining of thermal coal for electricity. IT’S been a hive of activity in the Hunter Valley over the past few months. The region’s coalfields contain largely thermal and soft coking coal. Mines near the eastern edge of the basin are spread along the Hunter Valley from Newcastle in the south to Muswellbrook in the north, most of which are open-cut. Both soft coking and thermal coal products are produced from mines such as Hunter Valley Operations and Bulga. With the NSW Independent Planning Commission giving United Wambo the green light on August 29, the region will now…

All images: Stanmore Coal. STANMORE Coal’s grand plan to turn its $1 Isaac Plains mine into a 15-year mega project is beginning to pay off, with its share price reaching an eight-year high during March on the back of strong half-year results and timely acquisitions. STANMORE Coal has risen from a near-death experience during the coal downturn, to a company that stands today with healthy cash flow and a portfolio of long-life assets. The miner’s renaissance began in July 2015 when it nabbed Peabody subsidiary Millennium Coal’s undeveloped Wotonga (Isaac Plains East) project for $7 million. And then – the deal everyone remembers – its $1 purchase of Vale SA and Sumitomo Corp’s nearby Isaac Plains mine and infrastructure, which…

All images: Anglo American. BY AMY BLOM AUSTRALIA’S coal industry has faced difficult times in recent years, but as coal prices stabilise, companies such as Anglo American are beginning to thrive. Less than three years ago Anglo American looked set to exit the Australian coal industry, but now its coal operations are stronger than ever, with its Moranbah mine in QLD posting record production. Anglo American metallurgical coal business chief executive Tyler Mitchelson said the company was pleased with the performance of its metallurgical coal business as the company continued to find opportunities to improve productivity. “Moranbah North five years ago was producing about 5 million tonnes (mt) of run-of-mine coal  per year, and with the same equipment and mine it…