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Disrupted Times
From TikTok to shipbuilding: new fronts in US-China trade tussle
...Somali pirates seized a Bangladeshi ship carrying coal to the United Arab Emirates, underlining the growing risks for commercial shipping as global naval forces focus on the threat from Houthis in the Red...
March 13, 2024
Leon Black
Leon Black’s downfall confounds the legacy of #MeToo on Wall Street
...Soon afterwards, Geovanis became chief executive of Somerset Coal International, a small Moscow-based mining technology company whose shareholders included Black....
November 22, 2023
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
News in-depthPrivate equity
Striking US coal miners say windfall for private equity forced pay to be cut
...Warrior produces metallurgical coal used by steel mills in Europe, South America and Asia. Employees in the United Mine Workers of America union went on strike in April....
November 29, 2021
Transcript
Putin’s energy power play
...mining that’s going to be necessary....
June 9, 2022
Due Diligence
Private equity digs miner’s balance sheet Premium content
...But Warrior’s quickly improved fortunes accrued mostly to its PE overlords, who pulled nearly $800m in cash off of its balance sheet through special dividends, not miners, says the United Mine Workers of...
December 1, 2021
Richard Trumka
Influential US labour leader Richard Trumka dies aged 72
...Trumka, a third-generation coal miner from southwestern Pennsylvania, began working in mines aged 19 while becoming involved with the United Mine Workers of America union....
August 5, 2021
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Energy Source
Turbocharging the US clean energy job market Premium content
...“We believe that the second coming of the Lord is going to get here before a just transition makes it our way,” said Cecil Roberts, president of the United Mine Workers of America....
April 20, 2021
Coal
Trump campaign for US coal undermined by industry slump
...Companies have announced their own precautions. The United Mine Workers of America union wrote to Mr Trump asking for a specific emergency standard to address unique disease risks among its workers....
May 18, 2020
Berkshire Hathaway Inc
Warren Buffett’s power company takes flak for coal plant closures
...The announcement was not received well in Wyoming, which mines 40 per cent of US coal....
December 19, 2019
FT Magazine
A new exhibition explores masculinity, from the tough to the tender
...for District of Columbia Circuit, Washington, DC, July 29 1976; Leonard Woodcock, president, United Automobile Workers, New York, April 9 1976; Arnold Miller, president, United Mine Workers, Washington,...
January 31, 2020
FT Magazine
America’s new redneck rebellion
...African-American and Italian immigrant “scabs”, who had been moved in by the coal owners to replace the striking Appalachian miners, were invited to join the illegal United Mine Workers union....
June 27, 2019
Moral Money
Moral Money: Going deep on BlackRock’s green pledge, Solar funds light up returns
...Further reading: Siemens offers climate activist seat on energy arm’s board (FT) Siemens defies critics by sticking with Australia coal mine contract (FT) Mars CEO: Business leaders must help fight the...
January 15, 2020
Energy Source
The week in energy: The oil chokepoint
...Shell had been the first large international oil company to enter Venezuela, in 1913, and it was still an important operator there in the early 1970s....
June 22, 2019
Energy Source
The week in energy: China’s slowdown
...Nikos Tsafos of the Center for Strategic and International Studies examined the shifts in demand underlying the increase, and argued that “absent a policy reversal or a recession, the United States will...
February 2, 2019
The frontiers of innovation 2017
The Big Green Bang: how renewable energy became unstoppable
...The US solar industry employs more than twice as many workers as the coal sector, a report showed in February....
May 18, 2017
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News in-depthUS presidential election
Trump victory: corporate winners and losers
...Delta Air Lines, United Airlines and American Airlines last year urged the US authorities to rescind or renegotiate aspects of the open skies agreements that the country has with the United Arab Emirates...
November 9, 2016
Energy sector
Date set for closure of UK’s last deep mine at Kellingley
...UK Coal, which owns Kellingley, is also winding down its last surface mines after in effect being taken over by the Pension Protection Fund, a state body that provides pensions for failed companies, because...
December 11, 2015
News in-depthThe Big Read
India: At the coalface
...Energy demand is set to double by 2040, according to the International Energy Agency. Most of this will be met by coal....
March 31, 2015
EU energy
US climate change plan focuses on public health
...Mary Landrieu, a Democratic senator from Louisiana, and Alison Lundergan Grimes, who is challenging Mr McConnell, both criticised the move, as did the United Mine Workers of America....
June 2, 2014
US & Canadian companies
Consol sells coal assets for more than $3.5bn
...The US mining and natural gas group is selling five mines in West Virginia to Murray Energy, the largest privately held US coal producer, for $850m cash plus other items, including the transfer of $2.4bn...
October 28, 2013
News in-depthUS & Canadian companies
Energy: The toll on coal
...When the deadline fell, officials discovered that not one company had bid – not even Cloud Peak Energy, owner of the mine that had originally sought permission to operate in the tract seven years ago....
September 30, 2013
Energy sector
Lonmin mine shootings raise tensions
...The unrest in the sector comes as mining companies and unions prepare for tough negotiations over wages for coal, platinum and gold mines, amid expectations of higher demands by workers but warnings from...
June 3, 2013
US & Canadian companies
Patriot healthcare ruling underlines dire state of US coal
...The St Louis-based group is now free to modify its agreement with retirees of the United Mine Workers of America union in order to reduce $1.6bn of healthcare liabilities....
May 30, 2013
African companies
Glencore Xstrata hit by South Africa chrome-mine strikes
...The company opened an investigation, but workers downed tools and the unrest spread to two other mines, the company said....
May 30, 2013
FT Magazine
The grab for Greenland
...The British-based London Mining heads a consortium that wants to establish an iron ore mine at Isua, 100 miles north of Nuuk....
December 6, 2013

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