May 26, 2023 Global thermal coal prices settling into $200 per tonne range after volatile 2022 Analysts expect the benchmark Newcastle coal index to average $175-$212 a tonne this year.
May 26, 2023 Glencore’s shareholder opposition to climate report grows Just over 30% of the miner's investors demanded more clarity on how it will meet its commitments to cut emissions.
May 25, 2023 Nippon Steel still in talks with Teck as it seeks stake in coal asset Nippon Steel said in February it will spend around C$1.15 billion to buy a 10% stake in Elk Valley.
May 23, 2023 China buys more Australian coal as appetite for quality builds Australian cargoes in April of mostly thermal coal for power plants surged 75% from the prior month.
May 22, 2023 Teck Resources’ coal business raises questions about ESG successes Teck has paid millions in fines related to pollution from its British Columbia operations and is still working to stem the contamination of watersheds in the region.
May 19, 2023 Teck Coal named in US legal action over selenium contamination from BC mines Legal action filed in Montana names Teck Coal Ltd. as a one of three defendants in a request for judicial review by environmental groups in Montana and Idaho.
May 19, 2023 Half of the coal-fired power plants announced worldwide unlikely to be built — study A study by Mercator found that 50% of the coal-fired power plants that were planned to come online in the next few years will fail to do so.
May 17, 2023 Late backlash delays passage of new EU renewables targets New law would see the EU raise the share of renewable energy in its overall consumption to at least 42.5% by 2030.
May 17, 2023 Column: Mind the gap! The reality of ongoing fossil fuel versus renewable ambition Australia is the world's largest exporter of LNG, although it is likely to be overtaken by rivals the United States and Qatar as both those countries expand capacity at a…
May 16, 2023 Glencore’s Teck bid spurs call for Canada pensions to up equity stake Some Canadian institutional investors have lobbied the federal government to push the nation's biggest pension funds to lift their exposure to domestic companies.
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