Tag Archives: coal

RWE Supply & Trading opens its first Chinese trading office in Beijing

New trading office to reinforce trading and grow customer base German Chamber of Commerce in China: “Good sign for the long-lasting and profound collaboration between Germany and China” ESSEN, 16-Aug-2018 — /EuropaWire/ — Opening up to new countries and new … Read the full press release

Anglo American plc completes the sale of the New Largo thermal coal project and Old New Largo closed colliery in South Africa for approximately US$65 million

LONDON, 09-Aug-2018 — /EuropaWire/ — Anglo American plc (“Anglo American”) announces completion of the sale, by its 73%-held subsidiary Anglo American Inyosi Coal (Proprietary) Limited, of the New Largo thermal coal project and Old New Largo closed colliery in South Africa … Read the full press release

Rio Tinto completes sale of remaining coal assets in Queensland, Australia for $3.95 billion

LONDON, 03-Aug-2018 — /EuropaWire/ — Rio Tinto has completed the sale of its remaining coal assets in Queensland, Australia, for $3.95 billion. The transactions include the sale of Rio Tinto’s interests in the Hail Creek coal mine and Valeria coal … Read the full press release

Pöyry and Ekonerg won ContourGlobal‘s owner’s engineer services assignment for the Kosova e Re 500 MW coal-fired power plant project in Kosovo

Vantaa, Finland, 11-Jun-2018 — /EuropaWire/ — Following an international competitive process, ContourGlobal has awarded Pöyry and Ekonerg, its Joint Venture Partner for this assignment, with an owner’s engineer services assignment for the Kosova e Re 500 MW coal-fired power plant project. Kosovo’s … Read the full press release

Rio Tinto completes the sale of its 75 per cent stake in the Winchester South coal development project in Queensland to Whitehaven Coal Limited

LONDON, 07-Jun-2018 — /EuropaWire/ — Rio Tinto has completed the sale of its 75 per cent interest in the Winchester South coal development project in Queensland, Australia, to Whitehaven Coal Limited. Total consideration of $200 million is comprised of $150 … Read the full press release

Glencore acquires 49% interest in the Hunter Valley Operations (HVO) coal mine in NSW, Australia

BAAR, 07-May-2018 — /EuropaWire/ — Glencore has completed the acquisition of a 49% interest in the Hunter Valley Operations (HVO) coal mine in NSW, following the receipt of regulatory approvals. The HVO Joint Venture (JV) with Yancoal, which owns a 51% … Read the full press release

Allianz will phase out both its proprietary investments in coal-based business and its insurance coverage of such risks by 2040

Withdrawal from insuring single coal-fired power plants and coal mines in operation or planning, effective immediately Exclusion of coal risks by 2040 in Property and Casualty business and in proprietary investments Joining the Science Based Target Initiative: Commitment to the … Read the full press release

University of Nottingham Ningbo China part of research for the removal of heavy metal from coal-fired power stations in China

NOTTINGHAM, 25-Apr-2018 — /EuropaWire/ — The University of Nottingham Ningbo China (UNNC) is pioneering research into the removal of heavy metal from coal-fired power stations in the People’s Republic of China. The initiative is part of the new China Huadian … Read the full press release

Rio Tinto to sell its entire interests in Hail Creek coal mine and Valeria coal development project in Australia to Glencore

LONDON, 22-Mar-2018 — /EuropaWire/ — Rio Tinto has entered into a binding agreement with Glencore for the sale of its entire interests in the Hail Creek coal mine and the Valeria coal development project in Queensland, Australia, for $1.7 billion. The … Read the full press release

Rio Tinto completed $3.5 billion of non-core asset sales and sets new production records in 2013

London, UK, 21-1-2014 — /EuropaWire/ — Rio Tinto chief executive Sam Walsh said “These are excellent fourth quarter operational results, demonstrating continued delivery on our commitments. We have set new records for iron ore production and shipments as we ramp up … Read the full press release

The UK Government awarded FEED contract to Alstom, Drax and BOC consortium Capture Power Limited for its carbon capture and storage (CCS) demonstration project

Guildford, UK /  Munich, Germany, 12-12-2013 — /EuropaWire/ — Capture Power Limited, the consortium of Alstom, Drax and BOC, today welcomed the UK Government’s announcement that it has been awarded a Front End Engineering and Design (FEED) contract for its planned, state-of-the-art … Read the full press release

EIB provides €100M for modernisation of power and heat generation technology in Vladivostok, Russia

Luxembourg/Vladivostok, 02-10-2013 — /EuropaWire/ — The European Investment Bank (EIB) is lending EUR 100 million (RUB 4bn) to support the modernisation of power and heat generation technology in Vladivostok. The project is part of a larger programme to bring natural gas to Russia’s … Read the full press release