Anglo American has agreed to divest its remaining steelmaking coal portfolio in Australia to Peabody Energy in an all-cash deal valued at up to $3.77bn.
Top thermal coal exporter Indonesia, one of the world's largest carbon emitters, is aiming to reduce coal-fired power to 33% in its energy mix by 2040 and increase the share of renewable energy production to 42%
The Director of PT TBS Energi Utama Tbk. (TOBA), Juli Oktarina, confirmed that the operations of the company's three coal mines will cease by 2027 at the latest. This closure is due to the depletion of the mines' reserves (fully mined out) and is part of TBS's...