Hints and tips:
Related Special Reports
...The company has long insisted that publicly listed mining groups are better placed to responsibly run down coal mines as the world decarbonises, rather than selling them to privately held companies that...
...a UN pact on coal was first signed....
...“I was seeing the trend of fossil fuels and coal going down,” Kameníček recalls. “I didn’t like that we were basically burning coal to turn on the lights.”...
...The wrangling comes as BHP is preparing a formal offer that could transform the producer of iron ore, coal and nickel into a mining supermajor, with Anglo’s coveted copper mines in Latin America as the main...
...Scientific experts and climate change think-tanks endorsed the move away from coal but were critical of the timelines....
...A move away from coal would “help accelerate the shift of investment from coal to clean technology in particular in Japan and more broadly in the whole Asian coal economy, including China and India,” said...
...Some companies that make the list are expanding coal production or infrastructure....
...In addition to carbon standards, the EPA also announced rules for coal ash management and toxic metal and water pollution from coal plants....
...As coal is the largest contributor of energy-related emissions, Lamboll said the growth in coal capacity could jeopardise this....
...Glencore has promised to spin off its coal business as a standalone company, subject to shareholder approval, within 24 months of closing a $6.9bn deal it made in November to buy the coal division of Canada...
...Levesque, a former officer on a nuclear submarine, said construction work near the site of a coal power plant, would begin in June regardless of whether the company received a permit from the Nuclear Regulatory...
...Chinese banks dominated financing for coal mining and coal-fired power in 2023, the RAN report found, while Canadian banks topped for tar sands oil....
...It spun out paper group Mondi in 2007, and its thermal coal business Thungela in 2021. Thungela’s shares are up 275 per cent, while coal prices have not changed much....
...By most metrics, 2023 was a year to forget for the largest package delivery company in the US....
...The Swiss company has coal mines in South Africa and has long toyed with building an iron ore business. The company trades the metal but does not mine it....
...to bolster its position in iron ore and metallurgical coal; two key steelmaking ingredients....
...Adani’s commercial mining business reported a pre-tax loss of Rs2bn, while its coal trading arm was also “impacted due to correction in coal prices and lower volume”....
...Japan in particular has pushed back against an ambitious shift away from coal....
...Indian infrastructure tycoon Gautam Adani’s flagship company withstood a collapse in coal trading revenues to post a rise in quarterly operating profits, in results published Thursday....
...And when asked about Rio Tinto’s commitment to achieve net zero by 2050, he responded that the company was “not in coal, not in oil and gas”. It was a telling comment for Australian shareholders....
...A consortium led by Glencore has struck a $9bn deal to buy the coal business of Teck Resources, as the London-listed mining and trading giant doubles down on the fossil fuel....
...There’s a lot of German insurance companies on there. And there are also quite a lot of individuals who lend money to René Benko....
...Thanks to a strong run in coal prices in 2021 and early 2022, companies that pared back their exposure — see BHP’s and Anglo American’s 2021 sale of the Cerrejón mine to Glencore — experienced the regret...
...It shows that the world’s 60 biggest banks by assets provided $706bn of financing to fossil fuel companies last year....
...“Like coal-powered plants — there are examples of debt-driven dividend recaps, saddling portfolio companies with interest payments, charging exorbitant management fees; none of that is going to the type...
International Edition