+86 0371 8654 9132

vale to sell qld coal mine

Vale sells QLD coal assets to coal king Hans Mende

Dec 16, 2016 · Carborough Downs is an underground longwall mine that produces mostly coking coal from Queensland's Bowen Basin for export via Dalrymple Bay, but has less than one year of mine life remaining. Fitzroy is taking a longer term view of the region, buying Vale's 90% stake in the mine and several undeveloped adjacent tenements including the Red Hill ...

Vale to sell Qld coal mine - The Australian

Jun 30, 2013 · Vale to sell Qld coal mine AAP Brazilian resources giant Vale is selling a Queensland coal mine, following retrenchments and asset writedowns across its Australian operations.

Brazilian miner Vale selling Qld coal mine - 9Finance

Jun 30, 2013 · Brazilian resources giant Vale is selling a Queensland coal mine, following retrenchments and asset writedowns across its Australian operations.

vale to sell qld coal mine - dmschaatssport.nl

Isaac Plains Coal Mine HIGHLIGHTS Agreement to sell Aquilas 50% Joint Venture ... a subsidiary of Vale S ... Chat Online; Black Coal - AIMR 2011 - Australian Mines Atlas. Most of Australia's Identified Resources of black coal occur in Queensland (Qld) ... to sell its Queensland coal assets and ... coal mine which will ... Chat Online

Coal king Hans Mende buys Vale's QLD coal assets

发布日期: Dec 12, 2016

Vale targets coal exit as it prepares sale of Moatize mine ...

Jan 21, 2021 · Vale says mine upgrades will allow Moatize to produce 18 million tonnes of coal per year by 2022. Moatize is Vale’s largest venture in the coal sector, and has been operational since 2011. In 2017, Mitsui paid $690m for the 15% interest in the mine, as well as a 50% interest in the NLC project to provide port and rail infrastructure.

Talk to Us - Vale

Vale Australia – Brisbane Level 11, 100 Creek Street Brisbane QLD 4000 GPO Box 731 Brisbane QLD 4001 Phone: + 61 7 3136 0500 Fax: + 61 7 3136 0510. Vale Australia – Carborough Downs PO Box 8098 Mt Pleasant QLD 4740 Peak Downs Highway – 13km west of Coppabella – Coppabella QLD 4741 Phone: +61 7 4958 0800 Fax: +61 7 4958 0821. Vale Australia – Integra Open Cut 653 Bridgman

Vale hires Barclays to sell coal assets - The Australian

Apr 26, 2015 · Finding buyers for the mines could be a tough ask for Vale. Coal prices have fallen by 65 per cent since early 2011. HSBC estimates that 15 per cent of

Coal - Vale

The Moatize Mine in Mozambique has been producing coal since September 2011, and represents our biggest investment within the segment. One of our biggest challenges in this country is logistics. We have invested in a railroad that connects to a port - Nacala Corridor - in order to transport the mine’s output.

Queensland | BHP

Queensland Coal comprises the BHP Mitsubishi Alliance (BMA) and BHP Mitsui Coal (BMC) assets in the Bowen Basin in Central Queensland, Australia. BMA is Australia’s largest producer and supplier of seaborne metallurgical coal and is owned 50:50 by BHP and Mitsubishi Development.

Brazilian miner Vale selling Qld coal mine - 9Finance

Jun 30, 2013 · Brazilian resources giant Vale is selling a Queensland coal mine, following retrenchments and asset writedowns across its Australian operations.

Vale Seeks to Sell Minority Stakes in Australian Coal ...

Mar 14, 2013 · Brazil's Vale S.A. has hired Bank of America Merrill Lynch to sell minority stakes in two Australian coal assets, a person familiar with the matter said Thursday.

Brazil's Vale hires banks to sell coal assets in ...

Jan 21, 2021 · Vale SA has hired investment banks Barclays Plc and Standard Chartered to sell its Mozambique metallurgical and thermal coal mine and port

Anglo Pacific open to selling thermal coal ... - MINING.COM

Apr 14, 2021 · Anglo Pacific open to selling thermal coal royalties to boost ESG credentials ... includes the Kestrel coal mine in Queensland, Australia.

Vale sells Integra coal mine in Australia to Glencore and ...

Aug 26, 2015 · Vale sells Integra coal mine in Australia to Glencore and Bloomfield. The Integra coal mine complex, located in New South Wales’ Hunter Valley,

Vale takes first step towards exiting coal with US$1 ...

Jan 21, 2021 · 4. It has signed a heads of agreement with Japan-based Mitsui & Co, to acquire Mitsui's interests in the Moatize coal mine in Mozambique and 912km Nacala Logistics Corridor for

Vale hires Barclays to sell coal assets - The Australian

Apr 26, 2015 · Finding buyers for the mines could be a tough ask for Vale. Coal prices have fallen by 65 per cent since early 2011. HSBC estimates that 15 per cent of

BHP to offload QLD, NSW coal assets - Australian Mining

Aug 19, 2020 · BHP has announced it plans to sell a number of coal assets as the company looks to simplify its portfolio. In an analyst and briefing speech for BHP’s 2020 financial year results, the company ...

Vale to exit coal business, buys Mitsui's Moatize stake in ...

Jan 21, 2021 · Moatize, which Vale brought on stream in 2011, has a capacity of 22 million mt/year of coal, including metallurgical and thermal types. According to the agreement, Vale will acquire for $1 each Mitsui's 15% stake in the Moatize mine and Mitsui's 50% stake in the equity and other minority credits it

Giant Australian coal mine to sell for a dollar - Nikkei Asia

Jul 11, 2016 · SYDNEY -- Rio Tinto, the Anglo-Australian mining giant, is in final stages of negotiations to sell its Blair Athol coal mine in Queensland, once Australia's biggest thermal coal exporter, for one ...

Central Queensland coal mine for sale following Land Court ...

Jan 07, 2016 · Cancel. Cockatoo Coal's Baralaba coal mine in central Queensland has been put on the market, shortly after objections to its expansion were dismissed by the

Rio Tinto considers coal mine sale in Queensland

Feb 22, 2017 · Earlier this year, Rio Tinto agreed to sell $2.45 billion of Australian mines to Yanzhou Coal Mining Co. Queensland's coal sector has undergone a radical transformation since the end of the boom with several collapses followed by major miners selling projects for token amounts.

Vale idea to keep Isaac mine operating - 9Finance

The companies last week met Queensland Mining Minister Stirling Hinchliffe in an attempt to resolve the impasse. Isaac Plains is Aquila's only operating coal mine and is 50 per cent held by the ...

BHP warns China restrictions to last for years

Jul 19, 2021 · BHP said its share of coking coal sold from Queensland in the year ahead would be similar to the 40.6 million tonnes sold over the past year,

Australian company pays Vale, Sumitomo $1 for a coal mine

Jul 30, 2015 · Vale and Sumitomo Corp have sold a jointly-owned coal mine in Australia to a local operator for A$1 ($0.73) amid a sector downturn that has claimed thousands of jobs and billions of dollars in losses. Stanmore Coal said it plans to restart production at the Isaac Plains coking coal mine during the first half of 2016, more than a year after about 300 jobs were lost when production was halted by ...

QLD coal project on the market as coal ... - Australian Mining

Jul 01, 2013 · Brazilian mining giant Vale is selling a Queensland coal project after jobs losses and asset writedowns at its Australian ventures. The company will put

Vale bid to prevent legal action by Aquila over Isaac ...

Jul 13, 2011 · Brazilian mining company Vale said Wednesday that it had made a counter-offer to Aquila Resources proposing to settle a coal marketing dispute for their jointly owned Isaac Plains thermal and coking coal mine in Queensland, before the Australian

Peabody offloads mothballed QLD coal mine to MetRes ...

Apr 16, 2021 · Peabody offloads mothballed QLD coal mine to MetRes. MetRes, a joint venture (JV) between Stanmore Coal and M Resources, has acquired the Millennium and Mavis Downs coal mine in Queensland from ...

Mitsui to sell stake in Mozambique coal mine, logistics ...

Jan 20, 2021 · TOKYO, Jan 21 (Reuters) - Japan's Mitsui & Co said on Thursday it has agreed to sell its stake in the Moatize coal mine and Nacala Corridor rail and port projects in Mozambique to Brazil's Vale , the operator of the projects, for $1 each. The move comes as Vale, one of the world's biggest iron ore miners, said separately it has decided to ...

Rio Tinto completes its exit from coal with sale of ...

Mar 28, 2018 · 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 ...

Glencore Planning To Sell Rolleston Coal Mine In Queensland

Aug 28, 2017 · But the Rolleston mine in Queensland's Bowen Basin is a long distance from many of Glencore's other mines (with the exception of those in Oaky Creek, Newlands and Collinsville, as well as the recently-approved Wandoan project in Queensland's Surat Basin) which are largely located in New South Wales. That makes the blending of Rolleston coal with supply from other mines to meet

Vale Announces Plans To Idle Australian Coal Mine In ...

Oct 03, 2014 · The mine’s proven and probable reserves, attributable to Vale, stood at 5.4 million tons at the end of 2013, less than 1% of the total coal reserves attributable to Vale, most of which are ...

Vale - iFactory

Vale Case Study . About the Client. Vale is a global resources and mining company operating with 139,000 employees across 30 countries. In Australia, Vale operates several coal mines, pipeline projects and exploration programs across Queensland and News South Wales including the Bowen Basin, the Carborough Downs Mine, the Integra Mine and part owner of the Isaac Plains Mine.

What are the five biggest coal mines in fossil fuel ...

Feb 12, 2020 · The Peak Downs coal mine is located in the Bowen Basin of central Queensland and is currently the country’s biggest coal mine by recoverable reserves. The open-pit mine has been producing high-quality hard coking coal since 1972 and was estimated to hold 718Mt of recoverable coal reserves last year. It has been owned and operated by Australia ...

Aquila coal mine sale moves step closer | PerthNow

Jun 06, 2012 · AQUILA Resources is a step closer to selling its interest in a Queensland coal mine after partner Vale waived its pre-emptive right to the $430 million stake. Como-based Aquila has a

Coal in Australia - Wikipedia

Coal is mined in every state of Australia.The largest black coal resources occur mainly in Queensland and New South Wales. About 70% of coal mined in Australia is exported, mostly to eastern Asia, and of the balance most is used in electricity generation.Coal production in Australia increased 13.6% between 2005 and 2010 and 5.3% between 2009 and 2010. In 2016, Australia was the biggest net ...

Millennium and Mavis Downs coal mines: Bowen Basin deal ...

Queensland’s Stanmore Coal purchased its first open cut coal mine off Brazil’s Vale and Japan’s Sumitomo in 2015. As part of the sale, Stanmore took on a $32 million rehabilitation ...

Aquila Sells Coal Stakes To Fund $3B Iron Ore Project - Law360

Vale Australia (IP) Pty. Ltd., a Vale subsidiary, formed a 50-50 joint venture with Aquila's IP Coal Pty. Ltd. to develop the open-cut Isaac Plains coal mine in central Queensland. The mine, which ...