Singleton's 'single engine economy' leaves its susceptible to coal price and demand fluctuations

Add your reaction Share

NSW energy inquiry

The NSW inquiry into the sustainability of energy supply and resources is an opportunity to give the people of the Hunter a seat at the table in diversifying and preparing our region for changes in energy and export markets. Make sure you grab your chance to have your say by making a submission by 15 September

Read more
Add your reaction Share

Macquarie, JPMorgan explore BHP thermal coal sell-off

Market focus remains on BHP’s residual thermal coal businesses with investment banks Macquarie and JPMorgan doing work on exploring a potential exit of the business.

Read more
Add your reaction Share

Roadmap to Taranaki’s success in low-emissions future

The Taranaki 2050 Roadmap will help the region’s communities, enterprises, and residents navigate New Zealand’s shift to the low-emissions economy of the future, while ensuring the important aspects of life in Taranaki can be shared by everyone.

Read more
Add your reaction Share

Smart countries adapt to finance industry’s exodus from coal

Add your reaction Share

Lower house inquiry to set 'responsible road map' out of coal for NSW

Add your reaction Share

BHP investigates moving on from thermal coal market

The Australian Business Review, 16th July 2019: Stronger signs are emerging that BHP is poised to exit the thermal coal market, with sources suggesting that the resources giant has hired Macquarie Capital to undertake a scoping study to determine whether to divest investments in the sector estimated to be worth more than $4 billion.

Under consideration is believed to be its Mount Arthur Coal business in NSW and the 33 per cent interest in its long-life Colombian mine Cerrejon.

Read more
Add your reaction Share

How Germany closed its coal industry without sacking a single miner

The Age, 14th July 2019: Hans Mohlek stood at the gates of the Prosper-Haniel coal mine in the Ruhr Valley in the west of Germany on a warm summer afternoon earlier this month, looked up and wept quietly.

The mine closed last December and Mohlek was among the last workers to leave. But what moved him so much on a recent visit with a handful of journalists was not just end of mining at Prosper-Haniel, but the end of a way of life that it represented.

Read more
Add your reaction Share

Australia’s key export market – Japan, moving beyond thermal coal

10 July 2019 (IEEFA Australia) – Australia will struggle to seek alternative markets for its thermal coal as a declining Japanese market increasingly turns towards cheaper renewable energy solutions, a new IEEFA report out today has found.

The report, Japanese Thermal Coal Consumption Approaching Long Term Decline: Australia’s Biggest Export Destination to Transition Away from Coal, examines the momentum away from thermal coal in Australia’s key export market.

Read more
Add your reaction Share

Chinese expert warns Australia against investing in new coal mines

The Age, 10th July 2019:  A Chinese renewable energy expert has warned Australia against investing in new coal mines because her country, one of Australia's biggest coal customers, is moving rapidly away from coal-based energy production.

Australian thermal coal prices have dropped this year as China officials officials slowed customs clearance.

Read more
Add your reaction Share