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South32 exits thermal coal with South African assets sale - Rio Tinto ASX LON: RIO the world’s second largest miner fully exited the coal sector in March 2018 with the sale of its Kestrel coal mine in Australia to private equity manager EMR Capital
Russia’s Largest Coal Mine Gets Unexpected New Owner 5/8/2020& 0183;& 32;Graph 1. Russia’s Monthly Seaborne Coal Exports by Continent in 2017-2020 thousand tons . Source: . All in all Russia’s coal exports have seen a spectacular surge after the
Rio Tinto completes its exit from coal with sale of Mining giant Rio Tinto has struck a deal to sell its last coal mine — its third asset sale in just over a week. Rio's stake in the Kestrel underground coal mine in central Queensland will be
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Newcrest to sell Gosowong mine in Indonesia to Indotan 3/2/2020& 0183;& 32;NSH holds a 75% stake in PT Nusa Halmahera Minerals PTNHM that owns and operates the Gosowong mine in Indonesia. The transaction will allow Indotan to acquire the Newcrest’s 75% stake in the Gosowong mine for $90m. The deal will also include the
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Collapse in Coal Prices Spurs Distress for Indonesian 21/10/2019& 0183;& 32;stop financing coal power plants and investors are under more pressure to “go green” companies that mine or use coal are left with fewer funding options. “Among the Indonesia coal
BHP Billiton sells Indonesian coal assets to Adaro - Reuters BHP did not disclose the price for its 75 percent stake in IndoMet Coal which it first flagged was up for sale in April. Adaro however Indonesia’s second largest thermal coal producer said
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UPDATE 2-BHP Billiton weighs getting out of Indonesian The mine made up less than 2 percent of BHP’s metallurgical coal output in the first nine months of this fiscal year. BHP has held off approving larger developments in Indonesia awaiting more
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Rio Tinto Sells Last Coal Mine Has Now Completely Exited 29/3/2018& 0183;& 32;The mining giant Rio Tinto has sold its last coal mine in Australia — to the private equity manager EMR Capital and to the Indonesia-based Adaro Energy Tbk — for $2.25 billion. The sale
Indonesia’s Coal Industry GBG Indonesia and Vietnam have signed a coal sale and purchase agreement which is in place until 2022. The country is currently developing coal-fired power plants and up to April 2017 had imported 4.6 million tonnes of coal from Indonesia and Australia.
Newcrest stays on track for Gosowong sale - Australian Newcrest Mining is progressing a requirement to offload a significant share in the Gosowong gold mine in Indonesia by next year’s deadline. The company reiterated that it has started a sale
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