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...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...
...While the UK recently approved its first new coal mine in 30 years, the production is focused on coking coal used in steel production....
...The company received $4mn in incentives from an Ohio economic development agency and a 15-year tax abatement on property improvements. “They’ve got pitchforks and T-shirts and posters....
...the outskirts of Columbus, Ohio, the state capital....
...In Licking County, Ohio, massive red cranes dot the landscape and orange traffic signs warn motorists that trucks are entering the highway....
...Barings has raised billions of dollars for its private credit strategy from investors including Staffordshire County Council’s pension fund and a fund that invests the money of Ohio schoolteachers....
...ore and coal....
...The closures are the latest chapter in decades of decline for Britain’s steel industry and will leave the UK as the only major economy without the ability to make primary steel from iron ore and coal....
...and Ohio....
...By most metrics, 2023 was a year to forget for the largest package delivery company in the US....
...Another South Korean-owned company, Hanwha Qcells, will spend $2.3bn on a solarpanel manufacturing factory....
...Investors have long pushed the company to break up into separate businesses....
...Disputes over money accounted for 82 per cent of the 448,000 county court claims during the period....
...While higher taxes and other issues pushed down Adani Enterprises’ net profits, reduced inventories and unusually high margins in coal trading helped the company generate operating profits of Rs21bn ($252mn...
...and commercial acquisitions his holding company, Esperanza Carmel, has made is the Frank Lloyd Wright-designed Mrs Clinton Walker House....
...The county government was only able to secure $305,000 from Painted Pegasus in bonding from the company for remediation of its sites while the likely cost would be $17mn or more, it said in a report....
...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....
...This is an audio transcript of the FT News Briefing podcast episode: ‘Is Signa’s downfall a canary in the coal mine?’ [MUSIC PLAYING] Marc Filippino Good morning from the Financial Times....
...In contrast with previous periods of rapid industrial change, including the collapse of coal mining that has left bitter memories in the Welsh valleys near Port Talbot, the shift is more likely to alter...
...Drax’s North Yorkshire power station is the biggest in the country, supplying about 4 per cent of the Britain’s electricity. It started converting from coal to wood pellets in 2013....
...A deep freeze due to sweep across the central US this weekend has put grid operators on high alert from Ohio to Texas....
...The debt reduction plan aims to pave the way for the Swiss group to spin off a separate coal company in the second half of 2026, in what would be its most radical restructuring since buying mining group...
...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...
...Investors gave the company a market capitalisation of $6bn at its peak....
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