Sentences with phrase «us coal assets»

It is hard to find a winner in the coal - mining industry these days but some investors were quick to spot a Perth - based winner yesterday in the form of Wesfarmers, which saw the value of its coal assets boosted by a deal in the Hunter Valley of NSW.

Street Talk believes that good thing could arrive within the next week, in the form of final approval for the two miners to carve up the Hunter Valley coal assets that once belonged to Rio Tinto.

It seemed an ideal match ---- Rothschild with his global connections and the Bakries with their vast Indonesian coal assets.

Analysts estimate Bunnings will account for at least 50 per cent of Wesfarmers» earnings and about 60 per cent of its value after Coles is demerged and the sale of the coal assets is completed.

Wesfarmers in November 2016 announced that it was evaluating «strategic options» for both of its coal assets in Queensland and New South Wales, with the miner reportedly placing a price tag of A$ 2 - billion on the assets.

«At this point in time what it does show is people out there are prepared to invest substantial amounts of money in coal assets and Rio's predominantly foreign owned already - that's another issue to remember - and I've been reading a couple of comments and I think even the unions are in support of this one.

-- Net loss of $ 3.0 billion after impairments of $ 14.4 billion, primarily relating to aluminium businesses as well as coal assets in Mozambique.

Doug Ritchie, who led the acquisition and integration of the Mozambique coal assets in his previous role as Energy chief executive, has also stepped down by mutual agreement.

In Mozambique, the development of infrastructure to support the coal assets is more challenging than Rio Tinto originally anticipated.

The new company will get most of BBL's aluminum, manganese and nickel assets plus some coal assets.

Westmoreland Coal spent hundreds of millions for coal assets.

Despite this performance, Westmoreland Coal (NASDAQ: WLB) just spent around $ 300 million buying coal assets from Sherritt.

HSBC says $ 20bn of coal assets at risk (RenewEconomy).

Both companies took huge write - downs on their coal assets before the split.

Only 7 % of the people in sub-Saharan African countries who lack access to energy live in countries with producing coal assets.

I suspect the coal assets are still largely there but the tradition of mining has gone.

«We did have several utilities participate which have significant coal assets,» Ritter said in an email after the report's release.

Yet, for example, only 7 % of those without access to energy in Sub-Saharan Africa live in the handful of countries with producing coal assets, CTI finds.

Amy Hojnowski, a senior campaign representative with the Sierra Club, said in a statement that «PacifiCorp's inability to acknowledge the actual risk of its coal assets has kept the west from meeting its true clean energy potential.

These charges would subsidize risky capital investments in the Company's coal assets — several of which have been determined by other owners to have value and be unreliable.

As the comparison to global coal budgets illustrate above, Australia will have a vast oversupply of coal assets in a carbon - constrained world, therefore running the risk of being left with significant stranded assets.

Unless these residual emissions can be eliminated through technical advance, then this issue will limit the potential to prevent stranded coal assets by adding CCS later on.

Climate action so far in 2018: individual countries step forward, others backward, risking stranded coal assets

Though they were ultimately voted down, large blocks of stockholders voted for a resolution that would have forced Southern to respond directly to climate change by preparing a study for how the company can help keep global warming below 2 degrees centigrade, and another to study how its business may be affected by the potential stranding of its coal assets.

Panellists: Peter Freyberg, Head of Global Coal Assets, Glencore John Scowcroft, Executive Adviser for EMEA, Global CCS Institute Hans Ten Berge, Secretary General, Eurelectric Dr Gabriel Marquette, General Manager of EUROGIA2020, the Eureka Cluster for low - carbon energy technologies Jason Channell, Managing Director, Citi Research Paula Abreu Marques, European Commission, Head of Unit, Renewable Energy and CCS Policy

The price of metallurgical coal has fallen 75 percent since the deal, and Peabody was forced to take a $ 700 million writedown on its Australian metallurgical coal assets last year.

The Bank of England has also recognised that a collapse in the value of oil, gas and coal assets as nations tackle global warming is a potential systemic risk to the economy, with London being particularly at risk owing to its huge listings of coal.

The call for investors to divest from coal assets, one of the most carbon - intensive energy sources, has been primarily based on the harmful social and environmental outcomes linked with carbon emissions.

The economic case for selling coal assets and investing instead in the transition to a low - carbon economy is strong today, and likely to become more robust in the immediate future for three reasons.

Of course, traders may find new opportunities to buy distressed coal assets and make money on a short - term basis.

Synapse developed the Coal Asset Valuation Tool (CAVT), a spreadsheet - based database and model, to identify and investigate U.S. coal units at risk for retirement.

As we reached the record low gas prices of 2012, other utilities had to ask questions they had never contemplated before: Were they holding coal assets that were now a lot more expensive than their value?

Synapse's Coal Asset Valuation Tool (CAVT) is a spreadsheet - based database and model that analyzes the future economic viability of coal units.

He also built Synapse's Coal Asset Valuation Tool (CAVT), a spreadsheet - based database and model that forecasts the costs for individual coal units to comply with environmental regulations and compares these forecasts to electricity market prices.

CAVT is used in several Synapse analyses to identify and investigate coal units at risk for retirement, including two studies led by Mr. Knight for the Energy Foundation: Displacing Coal: An Analysis of Natural Gas Potential in the 2012 Electric System Dispatch (August 2013), and Forecasting Coal Unit Competitiveness: Coal Retirement Assessment Using Synapse's Coal Asset Valuation Tool (October 2013).

Synapse's Coal Asset Valuation Tool (CAVT) is a spreadsheet - based database and model that determines the future economic viability of coal units.

The first report, Stranded Assets and Thermal Coal, found that Australian and US coal assets were the most vulnerable.

The flight from high risk coal assets gathered pace, just as the development of high risk oil assets slowed.

Not exact matches

NEW YORK, April 1 - FirstEnergy Corp said late on Saturday its nuclear and coal power plant units filed for bankruptcy court protection as the company looks to restructure, sell assets and win government support to cope with competitors using lower - cost natural gas.

The company, one of the largest metallurgical coal producers in the U.S., had nearly as much in debt as it had assets and, thanks to plummeting prices, its balance sheet was simply under too much pressure.

Rio received $ US2.69 billion from Yancoal last year for its Hunter Valley coal mine, rail and port assets.

Cloud Peak Energy also owns rights to substantial undeveloped coal and complementary surface assets in the Northern PRB, further building the Company's long - term position to serve Asian export and domestic customers.

According to S&P, coal is poised to see a shrinking share of the world's power generation market, which could lead to some coal reserves becoming stranded assets.

Over a year which has seen large banks halt funding for fossil fuel projects, major institutions divest from oil, gas and coal holdings, and oil companies snap up power and renewables companies in a bid to diversify their asset base, research published today by the UK Sustainable Investment and Finance Association (UKSIF) and the Climate Change Collaboration suggests nervousness over climate risk has shot up in financial circles.

Using blockchain tokens to record and exchange ownership of assets and rights is going to transform industries in the same way electricity transformed coal - powered factories; not to mention streamlining how information is shared across supply chains.

One feature hindering investment in both the NSW and Queensland coal industries is the fragmented ownership of the supply - chain assets; a large number of mines share mostly state - government - owned rail and port infrastructure.

By: Mia Breytenbach 17th November 2017 Aim - listed Bushveld Minerals» Lemur Resources subsidiary, which is developing an integrated thermal coal mining and independent power producer asset in Madagascar, has appointed an owner's engineer and technical advisers for the bankable feasibility study (BFS) for the Imaloto power project... →

Holdings in the Holmes Macro Trends Fund (MEGAX) and Emerging Europe Fund (EUROX) as a percentage of net assets as of 6/30/2015: Peabody Energy Corporation 0.00 %, Arch Coal Inc. 0.00 %, Freeport - McMoRan Inc. 0.00 %, Newmont Mining Corp. 0.00 %, Barrick Gold Corp. 0.00 %, Valcambi SA 0.00 %, Delta Air Lines Inc. 0.00 %, Alaska Air Group Inc. 0.00 %, JetBlue Airways Corporation 0.00 %, Ryanair Holdings plc 0.00 %, Aegean Airlines SA 0.00 %, Pegasus Hava Ta??

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Barnaby Joyce has given conditional backing to Rio Tinto's decision to sell coal mining assets to Chinese controlled miner Yancoal.