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vale to sell qld coal mine

MinesOnlineMaps | Business Queensland

A new spatial viewer will soon replace MinesOnlineMaps to support the future of mining and exploration in Queensland. Find out more about the spatial viewer and get updates . MinesOnlineMaps makes it easy to identify resource opportunities across the state by letting you view, query, analyse, extract and print spatial information about the ...

Old challenges for the new face of Australian coal

Apr 08, 2016· Old challenges for the new face of Australian coal Australia's coal sector is increasingly dominated by small entrepreneurial miners, leaving governments and communities scrambling to adjust.

Glencore to sell Tahmoor mine after ... - Australian Mining

May 09, 2017· Hundreds of coal mining jobs may be saved after Glencore today put its Tahmoor underground mine in New South Wales up for sale. Glencore announced last …

Vale - SourceWatch

Vale is the first of the major mining companies to start producing thermal and metallurgical coal from the Tete basin. The Moatize project will be able to produce up to 11 million tons of coal, 8.5 million tons of which will be metallurgical coal and 2.5 million tons thermal coal.

Coal Mine Bought for Under $1 Gearing Up for Full ...

Australian Coal Mine Bought for Under $1 Gearing Up for Full Production. ... Blair Athol was Queensland’s second coal mine to sell for AU$1 in less than two years.

Brazilian miner Vale selling Qld coal mine - 9Finance

Brazilian resources giant Vale is selling a Queensland coal mine, following retrenchments and asset writedowns across its Australian operations. The group's Degulla mine in the Galilee Basin will ...

Brazilian miner Vale selling Qld coal mine - smh.com.au

Jun 30, 2013· Brazilian resources giant Vale is selling a Queensland coal mine, following retrenchments and asset writedowns across its Australian operations. The group's Degulla mine in the Galilee Basin will ...

Carborough Downs sold to Fitzroy

Jun 22, 2017· Thursday, June 22, 2017; Source: Australia's Mining Monthly AMCI subsidiary Fitzroy Queensland Resources has bought Brazilian giant Vale’s 90% interest in the Carborough Downs joint venture that owns the Carborough Downs longwall mine in central Queensland.

Vale's coal interests - SourceWatch

Vale is a Brazilian diversified mining multinational corporation and one of the largest logistics operators in Brazil. The global mining company has interests in coal mining operations in Australia, China and Colombia and is involved in developing new coal mines in …

Vale, Sumitomo sell Isaac Plains coalmine to Stanmore for $1

International mining giants Vale and Sumitomo have sold the mothballed Isaac Plains coking coalmine in Queensland, valued at 860 million during the boom, for just 1 to Stanmore Coal, which plans ...

Coal projects in Australia - vale.com

Eagle Downs Coki ng Coal Project. The Eagle Downs Coking Coal Project – for which Vale has a 50% stake – is an approved underground longwall coal mine project, currently under construction, located approximately 20 kilometres southeast of Moranbah in Queensland’s Bowen Basin.

Vale sells Colombia coal mines to Goldman Sachs-led group

May 29, 2012· Brazilian miner Vale said on Monday it agreed to sell its thermal coal assets in Colombia for $407 million (259.9 million pounds) to a unit of Colombian Natural Resources, a mining company ...

Brazilian miner Vale selling Qld coal mine

Jun 30, 2013· Brazilian resources giant Vale is selling a Queensland coal mine, following retrenchments and asset writedowns across its Australian operations. The group's Degulla mine in the Galilee Basin will become its third Australian coal asset to be put on the market, Fairfax Media reports. The news comes ...

Life after a Brazilian - fitzroyoz.com

Jun 22, 2017· FAR is a subsidiary of global commodities and resources group AMCI which is controlled by American based coal billionaire Hans-Jürgen Mende. AMCI has a thorough understanding of the Carborough mine having been the owner back in the early 2000's before selling it - and some other NSW and QLD coal mines - to Vale in 2008 for around $835 million.

vale to sell qld coal mine - jafricricketleague.in

Rio Tinto to sell Queensland coal mine stakes to … Mining industry news : Australian-British mining giant Rio Tinto has made a $1.7 billion deal to exit from two Queensland coal mines – the Hail Creek coal mine and the Valeria coal mine in Australia by selling its stakes to …

Brazil : VALE plans to sell coal mine in QUEENSLAND ...

After a number of cost cutting efforts and asset writedowns across its operations in the country, Vale, a Brazilian mining giant has decided to sell its coal mine in Queensland, Australia. As per the reports, Degulla mine in Queensland s Galilee Basin will be Vale s third Australian mine to be sold.

Vale sells another coal mine in Australia - Reuters

Aug 27, 2015· Brazilian mining giant Vale has continued its disposal of non-core holdings, agreeing to sell a mothballed coal mine in Australia jointly to Glencore Plc …

Coal king Hans Mende buys Vale's QLD coal assets - afr.com

Brazilian miner Vale has further reduced the size of its Australian portfolio, selling the Carborough Downs coal mine and several other assets to a company linked to coal king Hans Mende in recent ...

Coal - Energy Products | Glencore Australia

queensland. We employ about 2,800 people across our Queensland coal business and in 2017 managed the production of more than 38 million tonnes of saleable thermal and coking coal. Our coal assets include six mining complexes in the Bowen Basin, incorporating six open cut and underground operations and four coal handling and processing plants.

Vale to sell Qld coal mine - theaustralian.com.au

Brazilian resources giant Vale is selling a Queensland coal mine, following retrenchments and asset writedowns across its Australian operations. The group's Degulla mine in the Galilee Basin will ...

vale took over coal mine in colombia - onesittingdegree.in

Research and review Drummond Coal company ... coal mine in Alabama and the Mina Pribbenow surface coal mine in Colombia. ... sons took over the business after his ... Learn More Vale: Corporate Rap Sheet | Corporate Research …

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

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 ...

UPDATE 1-Vale sells another coal mine in Australia - Reuters

Aug 27, 2015· RIO DE JANEIRO/SYDNEY, Aug 26 (Reuters) - Brazilian mining giant Vale has continued its disposal of non-core holdings, agreeing to sell a mothballed coal mine …

Glencore to sell Rolleston thermal coal mine in Queensland

Aug 30, 2017· Mining Monthly reported that Glencore, together with its joint venture partners Itochu and Sumitomo, has started the sale process for the Rolleston thermal coal mine in Queensland…

vale to sell qld coal mine - educationcare.in

Vale to sell Degulla mine as coal price falls | The Australian. Jul 1, 2013 ... BRAZILIAN resources giant Vale is selling a Queensland coalmine following retrenchments and asset writedowns at …

Three Years Ago This Coal Mine Was Worth ... - Bloomberg.com

Jul 31, 2015· The destructive force of a collapse in world coal prices has been underscored by the sale of a mine valued at A$860 million ($631 million) three years ago for just a dollar. Brazilian miner Vale ...

Rio Tinto sells thermal coal assets to Yancoal - afr.com

Numerous other Australian coal mines remain on the market, with Anglo American yet to sell its two best coking coal mines in Queensland, while Brazilian miner Vale and American miner Peabody ...