me-metals: Anglo American has agreed to sell its Australian steelmaking coal portfolio to Dhilmar for up to US$3.875 billion, completing its exit from metallurgical coal and reshaping ownership of major Bowen Basin assets. The transaction follows the collapse of Peabody Energy’s earlier bid and comes ahead of Anglo’s planned Teck merger.
News ID: 13254 Publish Date : 2026/06/05
The low calorific value (CV) Indonesian physical coal market came under further pressure from weak Chinese demand, as details emerged of a deal concluded at a lower price than recent similar transactions.
News ID: 7381 Publish Date : 2019/11/12
Coal power generators in Europe face 6.6 billion euros ($7.3 billion) of losses this year as plunging renewable energy costs and cheap natural gas cut use of the dirtiest plants to a record low.
News ID: 7012 Publish Date : 2019/10/24
Leading Japanese buyer Tohoku Electric Power and Australian producer Glencore have reached an agreement on October-starting term supplies of thermal coal, after Glencore appeared willing to compromise and dropped its asking price significantly, market participants said today.
News ID: 2332 Publish Date : 2018/10/02