January 2022
Farmers buy back Shenhua’s coal mine land at 36pc discount
The retreat of the Chinese energy company after its planned coal mine fell through has seen local families – and an offshore investor – make hay on pricing.
- Larry Schlesinger
July 2021
Coal-fired land sale set to net Shenhua more than $120m
The controversial landholdings of Shenhua Watermark Coal near Gunnedah are up for sale with more than $120m expected for the prime agricultural land.
- Martin Kelly
October 2015
- Opinion
- Ports
Darwin's $506m port sale shows the savvy and courage of NT leadership
The $506 million sale of the Port of Darwin to a privately owned Chinese industrial conglomerate called Landbridge Group stands very public testimony to the political courage of the Northern Territory's bold Chief Minister, Adam Giles.
- Updated
- Matthew Stevens
August 2015
Shenhua among six parties in race for Rio coal
Six parties including China-backed Shenhua Group have been in the data room for Rio Tinto's Hunter Valley coal business.
- Updated
- Amanda Saunders
July 2015
Shenhua must start development before October 2016
The Shenhua Watermark $1.2 billion coal mine faces a contractual obligation to start construction by the end of 2016, making it harder to delay the project to help Agriculture Minister Barnaby Joyce keep his seat.
- Updated
- Geoff Winestock
- Opinion
- Coal
Hunt ticks China's Watermark coal project
The Commonwealth has ticked-off on the first of two line-in-the-coal contests between miners and the anti-carbon lobby.
- Updated
- Matthew Stevens
November 2014
Approval process oddly flawed
The coal miners of the Hunter Valley should be feeling a little bit more comfortable with Wednesday’s news that the state planning authority has very rapidly ticked-off on the stalled Mt Thorley Warkworth mine expansion.
- Matthew Stevens
October 2014
They hurt horses, don’t they?
One of the new pits that Anglo American planned to dig to extend the life of its rapidly depleting Drayton coal mine was to be called “Whynot”.
- Updated
- Matthew Stevens
September 2014
AGL pulls off 21-month MacGen hunt
In the early months of 2013, the wheels were already in motion on the slated sale of giant NSW power producer Macquarie Generation, as an initial marketing campaign in Asia got under way.
- Updated
- Joyce Moullakis | Angela Macdonald-Smith
January 2014
- Opinion
- Opinion
AGL Energy calls in back-up for Macquarie bid funding
AGL Energy has drafted in Deutsche Bank and Bank of America Merrill Lynch to help fund its Macquarie Generation bid, with the two banks and Citigroup likely to handle a large rights issue should AGL’s offer be successful.
- Sarah Thompson, Anthony Macdonald and Gretchen Friemann
December 2013
- Opinion
- Opinion
Delta Coastal sale may start pre-Christmas
The NSW government will kick off an auction for its last generator, Delta Coastal, before it has finalised the Goldman Sachs-advised sale of the $2.1 billion power producer Macquarie Generation.
- Sarah Thompson, Anthony Macdonald and Gretchen Friemann
November 2013
- Opinion
- Opinion
Tomago power contract set to trouble MacGen sale
As if the NSW government’s sale process for Macquarie Generation wasn’t problematic enough, Rio Tinto-controlled Tomago Aluminium has stepped up a bid to renegotiate a major electricity contract with the power giant to get a cheaper price.
- Updated
- Sarah Thompson, Anthony Macdonald and Gretchen Friemann
September 2013
- Opinion
- Opinion
MacGen timetable has bidders in for Christmas
M&A teams at AGL Energy, Shenhua and the like would be cancelling their summer holiday plans after the NSW government released a long-dated sale timetable for its biggest power company, Macquarie Generation.
- Sarah Thompson, Anthony Macdonald and Gretchen Friemann
September 2011
FED:Mining licences renewed in north west NSW
The Greens have accused the government of selling farmers out by renewing the exploration licences.
- Updated
January 2011
Coal loader delay to hit miners
Mining expansion projects are likely to face a bottleneck at the NSW port of Newcastle as a result of the delayed start-up of planned coal loader terminal.
- Updated
- Jamie Freed
July 2010
Company briefs
Ceramic Fuel Cells has orders for 49 of its BlueGen gas-to-electricity generators from 14 customers.
- head
Record sales lift Shenhua’s profit 15pc
Shenhua International says record sales will result in a net profit of $13.5 million in 2009-10, an increase of 15 per cent on the previous corresponding period.
- Trevor Hoey
May 2009
Chinese keep stagnation at bay
More Chinese companies are expected to list on the Australian Securities Exchange in the next six months, providing a faint pulse for the near-dead float market
- Tony Featherstone