Media Room

BHP settles A$100m Gregory sale

Mining major BHP and its joint venture partner Mitsubishi have completed the A$100-million sale of the Gregory Crinum coal mine, in Queensland, to Sojitz Corporation. BHP in May last year announced the sale of the six-million-tonne-a-year coking coal asset, which was placed on care and maintenance at the start of 2016.

India’s Coal Ministry eases coal supply linkage rules for thermal power companies

India’s Coal Ministry has eased rules for thermal power companies allowing them to source coal even without power purchase agreements (PPAs) with electricity distribution companies in place. The Cabinet Committee on Economic Affairs approved the revised rules for sourcing of coal by such power generation companies early this month.