Sentences with phrase «coal mining assets»

Deputy Prime Minister Barnaby Joyce has given conditional backing to Rio Tinto's decision to sell two of its major Australian coal mining assets to Chinese controlled miner Yancoal which is yet to gain Foreign Investment Review Board approval.
Barnaby Joyce has given conditional backing to Rio Tinto's decision to sell coal mining assets to Chinese controlled miner Yancoal.

Not exact matches

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.
Rio received $ US2.69 billion from Yancoal last year for its Hunter Valley coal mine, rail and port assets.
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??
This year Rio Tinto has announced agreed sales totalling US$ 2.5 billion, including US$ 850 million for the undeveloped potash assets in Argentina and Canada, US$ 750 million for the Corumbá iron ore operation in Brazil, US$ 761 million for the Jacobs Ranch coal mine in the United States and US$ 125 million for the Ningxia aluminium smelter in China.
These transactions were carried out as share swaps whereby SZÉSZEK, the Hungarian Coal Mining Restructuring Centre, received shares in the integrated companies in exchange for the transferred assets.
I suspect the coal assets are still largely there but the tradition of mining has gone.
This process is being amplified by a flight of capital, as investors fear that expensive coal mines and coal - burning power plants may become «stranded assets,» with no markets.
This process is being amplified by a flight of capital, as investors fear that expensive coal mines and coal - burning power plants may become «stranded assets,» with no markets, as renewables ramp up and limits on CO2 emissions begin to bite.
The reality of stranded assets has since been documented to serve as a reminder for investors, eg the decline of the US coal mining sector, the death spiral of EU utilities.
Researchers at state universities in the Southeast are closing in on whether one of the region's biggest liabilities — coal mine waste — might become a valuable asset by supplying rare earth elements needed for clean energy and other applications.
His principal goals are to encourage asset managers to sell their investments in thermal coal companies, and to dissuade financiers from supporting the expansion of coal mining activities, particularly in Queensland's Galilee Basin.
Most recently, a report from The Carbon Tracker with a forward by Lord Stern of the Grantham Research Institute on Climate Change (London School of Economics), argued that serious risks are accumulating for investors in high carbon assets, such as coal mining companies and the oil and gas industry.
Environmental Site Assessment preparation, Wetlands designation for Coal Mine Subsidence project in Colorado; DOW Capital Building Asset Evaluation Program
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