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Queensland government hikes coal royalties to cash in on record prices
The Queensland government have increased coal royalties by adding three more pricing-tiers, with a rate of up to 40% (from 15%) in the highest tier...
Rio Tinto in final stage of coal exit
Rio Tinto is in the final stages of its exit from coal. Its remaining operating assets in Queensland, Hail Creek and Kestrel, are now reported to b...
Vale sells Moatize to Jindal as it exits coal
In late December, Vale agreed to sell Moatize and its Nacala Logistics Corridor to Vulcan (part of the Jindal Group) for US$270 million. The transa...
Coal M&A September 2022: Deal implied prices remain subdued
A US$1.3 billion surge in deal-making over the course of August 2022 has not seen a lift in deal implied pricing. Adoption of decarbonisation goals...
Pulverised Coal Injection: the good, the bad, the ugly
Operating in the shadow of other more prominent steel raw materials, pulverised coal injection (PCI) is a tried and true blast furnace technology, ...
Wambo coal mine
Wambo is a surface mine in the Hunter Valley of New South Wales. Wambo is operated in conjunction the Wambo North underground mine (covered in a se...
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