May 19 (Reuters) - Australia's New Hope Corporation (NHC.AX), opens new tab fell 7% on Monday, after the coal miner lowered its annual production and sales forecasts, citing issues with rail capacity ...
Over the past year, the government of Anthony Albanese has approved seven Australian coal mining extension projects, a move that has divided opinion over the country’s ability to meet climate targets.
LAUNCESTON, Australia, June 30 (Reuters) - For decades, coal was the bedrock of Australia's commodity exports before it lost its top status to iron ore as shipments of the steel raw material to China ...
The sun might set on overseas demand for Australian coal sooner than expected if China and India start favouring their local industries instead of imports. Australia's exports of the fossil fuel have ...
Australia’s biggest coal-fired power station is Eraring (above) located in New South Wales. Image: Mining and Energy Union. While most coal-fired power stations in Australia are expected to close in ...
NAC operates the existing New Acland coal mine as a 4.8-million-tonne-a-year opencut coal mine on mining lease (ML) 50170 and ML 50216. The mine has reserves that will allow for current operations to ...