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Coronavirus threat to coal exports, industry viability

March 06, 2020

Daily Mercury, 6th March 2020 - REPORTS this week indicate that air pollution in China has declined to a record low. Far less coal, gas and oil is being burned after travel restrictions and factory shutdowns as a result of the coronavirus epidemic.

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Capital flight from thermal coal is accelerating

January 23, 2020

IEEFA Update: Global capital flight from thermal coal and the coal-fired power sector is already at a canter in 2020. BlackRock’s January announcement of its divestment from thermal coal is huge, and an unexpected move by this global giant (US$7 trillion assets under management...

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Singleton and Lake Macquarie councils have asked a federal jobs inquiry to help unlock mining's grip on Hunter land

October 08, 2019

HUNTER councils have called for federal and state government support to unlock mining land across the region for residential and commercial development. Lake Macquarie Council has identified several former mining areas on the lake's west to reduce the cost of delivering new housing, while...

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The Port of Newcastle one of many groups calling for a Hunter plan to deal with climate change

October 04, 2019

THE Federal and NSW governments are under pressure over the lack of planning for the Hunter region's transition from coal after submissions from councils, trade unions, environment groups, Lake Macquarie MP Greg Piper and the Port of Newcastle calling for government action.

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Region's mines face global 'headwinds' over the next two years, says Office of the Chief Economist forecast

October 02, 2019

HUNTER coal mines are competing in an "oversupplied" global market that will see Australia's thermal coal export earnings slump from $26 billion in 2018-19 to a projected $18 billion by 2020-21, says a two-year forecast by the Federal Government's Office of the Chief Economist....

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Lack of government leadership is the biggest issue as the region transitions away from coal

September 30, 2019

Energy Minister Angus Taylor's Liddell taskforce told Singleton 'comfortable' with Liddell closure plans. LACK of government leadership is the biggest issue facing the Hunter in the lead-up to the closure of Liddell power station and as the region transitions away from coal, Hunter councils...

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NSW energy inquiry

August 15, 2019

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...

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BHP investigates moving on from thermal coal market

July 16, 2019

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...

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

July 10, 2019

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...

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Chinese expert warns Australia against investing in new coal mines

July 10, 2019

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...

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What Australia can learn from Germany's coal exit

June 27, 2019

June 27, 2019. German social historian Professor Stefan Berger and Director of Global And European Affairs with German mining trade union IG BCE Michael Mersmann speak to AAP about the lessons Australia can learn from Germany's exit from coal mining. 

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Coal transitions: What's at stake for workers, and what are the broader economic challenges?

June 08, 2019

If Australia is to move on from coal, how do we do it? An obvious gap in the Federal Election debates was a comprehensive plan for an industry, and employment, to replace coal in the regions.  Geraldine Doogue speaks with Chris Briggs, Research principal at the Institute...

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IEEFA report: GE made a massive bet on the future of natural gas and thermal coal, and lost

June 06, 2019

Investors lost hundreds of billions by GE’s misreading of the energy transition June 6, 2019 (IEEFA U.S.) – Investors lost billions when the (once) most valuable company in the world, General Electric Company (GE) and its largest shareholders – BlackRock, Vanguard, State Street and...

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Australia’s Resource Industry – A Look into the Crystal Ball

June 05, 2019

Alexandra Heath, Head of Economic Analysis addresses the Association of Mining and Exploration Companies Perth – 5 June 2019 Excerpt: Global demand for Australia's commodities: One of the biggest factors affecting the global demand for commodities is population growth – more people need more places to live, more...

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Road to renewal is region's route to resilience

June 04, 2019

The CEO of the Minerals Council of NSW, Stephen Galilee, doesn't seem keen for the Hunter to diversify its economy and prepare for the opportunities and challenges that will come as the countries we sell coal to switch their economies towards renewable energy. Read...

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Hunter coal future hangs in the balance

May 31, 2019

Mining Monthly, 31st May 2019: The New South Wales government has set itself the lofty target of increasing the value of mining production by 30% by 2020 from its $15 billion export figure in 2012-13. This ambitious goal is expected to be driven by the...

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Renewable energy could be Australia’s next big export industry

May 23, 2019

Approving a new thermal coal mine is gifting gold to a sector in decline. While the Queensland government moves reactively to fast-track the approvals process of the decade-long delayed Adani thermal coal mine in the Galilee Basin, thermal coal export forecasts continue to show...

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Wind and solar projects poised to lead Hunter's clean energy transition

May 07, 2019

TWO renewable energy projects slated for the Upper Hunter are spearheading the region's transition away from coal to a low-carbon economy. Matthew Kelly from the Newastle Herald reports: A proposed 250 megawatt wind farm at Bowman's creek east of Muswellbrook and a 25 megawatt solar...

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Hunter needs to prepare for future

May 01, 2019

Coal shifts in South Korea and China could mean big changes for the region FOR nearly a decade a South Korean Government-owned company has bought up land in the beautiful Bylong valley between Denman and Mudgee to establish a coal mine. KEPCO, which is...

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