Coal Industry News
A collection of Coal latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Minns invokes One Nation to back coal jobs over climate targets
When it comes to coal mining and climate change, the Minns Labor government seems determined to have its cake and eat it too. Premier Chris Minns even said as much on Monday when he announced special legislation to ensure Indonesian-owned MACH…
Japan Power Price at Four-Year High With Rising Coal, LNG Costs
Japan's next-day spot electricity price hit the highest in nearly four years as elevated fuel costs coincided with lower power generation due to scheduled maintenance. The nationwide price surged more than a quarter on a weekly basis to 31.15 yen…
Minns accused of bypassing high court ruling with laws to allow NSW mine to increase coal production by 32%
The Minns government says it will introduce special legislation to allow a mine in the New South Wales Hunter Valley that was the subject of high court proceedings to increase its coal production by 32% per year. The premier, Chris Minns, said the…
60 years since Aberfan - one in 10 Welsh families live near high risk coal tips
It has been 60 years since the Aberfan tragedy killed 144 people but one in ten families in Wales are still living near ‘high risk' coal tips that are becoming unsafe because of climate change, a report has found. The shocking figures have…
Coal kings do it again with New Hope's $1.8b Malabar takeover
New Hope Corporation will issue $1.8 billion of new shares to acquire private miner Malabar Resources in a deal that delivers another win for the investors who have dominated the Australian coal sector for the past four decades. New Hope already…
Premier intervenes over Hunter Valley coal mine expansion after High Court ruling
The Minns government will intervene to give a Hunter Valley coal mine a licence to dig up millions of tonnes more each year despite a seismic High Court ruling that found its approval was invalid because it had failed to reckon with emissions from…
Backroads to the Beehive: Coal, politics and division on West Coast
With less than three weeks until Election Day, RNZ's South Island Correspondent Tim Brown and camera operator Louis Dunham have toured Te Waipounamu to hear the good, the bad, and the ugly from the places and people where the political spotlight…
How Will AI Affect Jobs? The UK Finance Industry Is Showing Us
Swindon is a plain, mostly forgettable town in the rural southwest of England. Once a great heart of Victorian railway engineering, its economy shifted to quiet service jobs to replace the bright steam-age innovations of 150 years ago. In Swindon…
In 1903, A Coal Dealer's Clerk Borrowed $100 From His Sister To Invest In A New Car Company. 16 Years Later Henry Ford Bought Out The Minority Shareholders, And His Sister's $100 Stake Was Worth $262,000
In Detroit in 1903, James Couzens worked as a clerk in Alexander Malcomson's coal business. When Malcomson backed a new car company built around Henry Ford's designs, Couzens wanted a piece of it. He borrowed to buy in, and part of that money came…
NSW government drafts law to allow Upper Hunter mine to increase output
The NSW Labor government will introduce legislation to the state's parliament aiming to shore up 400 jobs at an Upper Hunter coal mine. The legislation, if passed, will allow MACH Energy to operate its Mount Pleasant mine with its current workforce…
NSW rushes laws to protect 400 mine jobs after High Court ruling
The NSW government will rush laws through parliament to shield 400 workers at a Hunter Valley coal mine from job cuts that the owner says would be forced on it by a contentious High Court ruling. The state intervention is a direct response to an…
Electricity costs put UK steelmakers in worst position in three years against EU rivals
British steelmakers have been pushed further behind European rivals on electricity costs after the US-Israeli war on Iran caused a surge in global gas prices. The premium paid by the British industry over its French counterpart has risen to almost…
UN Climate Panic Rests on False Scenario and Buried Past
Three years ago, U.N. Secretary-General António Guterres told reporters that “ the era of global boiling has arrived.” In September, he repeated the alarm. Launching the U.N.'s first report on temperature…
Germany wants to phase out fossil fuels. What about Switzerland?
Series Switzerland and fossil fuels, Episode 17: By 2045, Europe's largest economy will end its dependence on fossil fuels, Germany's environment ministry announcedExternal link in September. The decision was driven by the growing number of extreme…
Indonesian Author Faces Blasphemy Probe for Short Stories
Indonesian police in September began investigating Feby Indirani, the author of the short story collection Memburu Muhammad (Hunting for Muhammad), for alleged blasphemy after an Islamist group allegedly intervened with the organizers of a literary…
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