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Glencore top-up lifts planned shareholder returns to $2.8-billion 

By: Martin Creamer     Updated 7 hours ago Diversified mining and marketing company Glencore on Thursday announced additional shareholder returns, comprising a $0.5-billion special cash distribution for payment in September and a $650-million share buyback to be completed by the release of full-year results next year. This overall top-up... 

China will restart coal mines as power demand surges

By: Bloomberg     5th August 2021 China’s top planning authority authorized more shuttered coal mines to restart production as key policymakers seek to balance progress on climate goals against still surging power demand. Operations will restart for a year at 15 coal mines across northern provinces including Shanxi and the... 

Pairing renewables with gas offers fastest pathway for SA’s decarbonisation

5th August 2021 Acombination of renewable energy and gas power will be the fastest and most cost-effective pathway to decarbonise South Africa’s electricity industry, the CEO of GE’s Gas Power business in sub-Saharan Africa asserts. 

Australia resource exports deliver new record

By: Esmarie Iannucci     5th August 2021 The Australian Bureau of Statistics (ABS) on Thursday announced a trade surplus of A$10.4-billion in June, up A$1.2-billion on the surplus recorded for May, while the resources sector has set new records for total export value and a range of mineral commodities in the 2020/21 financial year.... 

Anglo partners with German firm to decarbonise steelmaking

By: Marleny Arnoldi     4th August 2021 Diversified miner Anglo American has signed a memorandum of understanding (MoU) with German steel product manufacturer Salzgitter Flachstahl to collaborate on decarbonising of the steelmaking industry. The companies will conduct research into feed materials, including iron-ore pellets and lump... 

Consol restarts West Virginia metallurgical coal project

By: Mariaan Webb     4th August 2021 US coal miner Consol on Tuesday announced that it would recommence work on the Itmann metallurgical coal project, in West Virginia, committing to move forward with the construction of a coal preparation facility that would start up in 2022. The development of the Ittman mine project, a low-vol... 

Winchester South EIS opens for comment

By: Esmarie Iannucci     4th August 2021 The Queensland government has encouraged submissions on the draft environmental impact statement (EIS) for ASX-listed Whitehaven Coal’s A$1-billion Winchester South metallurgical coal mine. At full capacity the mine is targeting run-of-mine production of up to 17-million tonnes a year of coal to... 

From a coal-to-gas conversion to a microgrid factory, Eskom builds Komati’s just energy transaction case 

By: Terence Creamer     3rd August 2021 State-owned electricity utility Eskom is hoping to transform the workshops at the Komati power station – identified as the flagship site for the piloting of a broader ‘just energy transition’ programme that couples decarbonisation with social upliftment – into a factory capable of manufacturing... 

Disused coal mines have potential to heat homes with lower-carbon energy

By: Donna Slater     3rd August 2021 The UK Coal Authority posits that water from flooded coal mines has the potential to be used in the heating of UK homes and industry as a source of lower-carbon energy. In a December 2020 report, the authority states that mines are warmed by natural geothermal processes and, where the mines are... 

Coal-reliant South Africa is turning to gas power

By: Bloomberg     3rd August 2021 Power failures have become routine in South Africa. At the same time, the country wants to wean itself off the coal that generates more than 80% of its electricity and makes it the world’s ­twelfth‑biggest source of greenhouse gases. Most of South Africa’s power stations are near the end of their... 

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