Independent Australian producer Malabar Resources confirmed that it has taken the first full shears of coal from the longwall in its Maxwell underground mine in the Hunter Valley region of New South Wales on 14 April. Malabar officials received approval for the operation in December 2020. Underground construction commenced in May 2022, and first coal was produced from the bord…
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Peabody Energy announced last week that the longwall panel at its Centurion hard coking coal operation in Queensland’s Bowen Basin has commenced operation about two months ahead of its initial target date.
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Coal miner Core Natural Resources announced just before Christmas that it had restarted longwall operations at its Leer South metallurgical mine in Barbour County, W.Va., where the face had been idle for nearly a year.
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The Department of the Interior, through the U.S. Geological Survey, published the final 2025 List of Critical Minerals, outlining 60 minerals vital to the U.S. economy and national security that face potential risks from disrupted supply chains. Full story.
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In a push to strengthen U.S. energy and manufacturing security, the U.S. Energy Department confirmed the designation of metallurgical coal as a critical material under the Energy Act of 2020. Full story.
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Anglo American has agreed to sell its portfolio of steelmaking coal mines that it operates in Australia to Peabody Energy for a cash consideration of up to US$3.775 billion. The acquisition includes four metallurgical coal mines – Moranbah North, Grosvenor, Aquila, and Capcoal – located in the Bowen Basin. It is expected to transform Peabody’s metallurgical coal segment, increasing production…
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Photo: Whitehaven Coal Australian miner Whitehaven Coal has entered into separate deals with Japan’s Nippon Steel and JFE Steel for the sale of a joint venture interest of 20% and 10%, respectively, in its Blackwater coal mine in Queensland. The transactions total US$1.08 billion, and are expected to close in the first quarter of 2025. “We look forward to working…
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Australian miner South32 has agreed to sell its Illawarra metallurgical coal business for $1.65 billion, exiting the coal market to focus on copper and zinc opportunities, reported Reuters. Illawarra is being sold to a consortium led by Golden Energy and Resources and M Resources. The deal comprises an upfront cash payment of $1.05 billion at completion, and a deferred cash…
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The Metallurgical Coal Producers Association (MCPA) has revealed that a majority of the nation’s metallurgical coal produced annually – about 55% – is now represented by the group. Full story. https://northamericanmining.com/index.php/2024/01/31/majority-of-u-s-produced-met-coal-now-mcpa-represented/
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India’s biggest steel producer JSW Steel intends to bid for a 20-40% stake in Elk Valley Resources Ltd., the metallurgical coal unit of Canadian-based Teck Resources, reported Bloomberg News. Full story.
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