ASX Announcements
Market Sensitive
Quaterly Activities Report - 4Q 2024
Fourth Quarter Activities Report, Web Casts
- Jan 20, 2025
- 8 pages
4Q 2024 Quarterly Report date and webcast
Notification of Results/Reporting Date, Web Casts
- Jan 15, 2025
- 1 page
Market Sensitive
Chief Executive Officer Transition
Company Administration - Other, CEO/Managing Director – Appointment Resignation
- Jan 14, 2025
- 2 pages
January
Coal price slumps to three-year low as super-cycle fades
The commodity is now selling for 23 per cent less than it was only five months ago as a surge in global supply meets a warmer-than-usual northern summer.
- Elouise Fowler and Peter Ker
November 2024
Peabody in $5.8b Anglo American coal deal
Takeover target Anglo American has shored up its defences against BHP by selling its Queensland coal mines for up to $5.8 billion.
- Peter Ker
Coal miners halt climate fund donations citing lack of projects
Australia’s cashed-up coal miners have put the brakes on contributions to an industry decarbonisation fund and the decision will be reviewed “periodically”.
- Peter Ker
October 2024
Anglo American’s coal suitors in dark on Grosvenor, binding bids loom
Anglo has carefully sidestepped making any implicit legal guarantees to buyers, since it could be years before the mine is again up and running.
- Sarah Thompson, Kanika Sood and Emma Rapaport
EMR Capital puts Queensland’s Kestrel coal mine up for mega auction
The coking coal operation in the Bowen Basin is the sixth-largest in the country, and generated a profit of nearly $500 million in the last two years alone.
- Peter Ker
August 2024
- Opinion
- Chanticleer
Yancoal’s 20pc crash is about more than a missing dividend
Queensland and NSW’s big coal miners have their eyes up, knowing consolidation makes sense and could create value for investors.
- Anthony Macdonald
Yancoal withholds dividends to hoard cash for M&A spree
The cashed-up miner has declined to pay dividends ahead of “potential corporate initiatives”, triggering a massive slump in its share price.
- Peter Ker
Guzman y Gomez in ‘striking distance’ of joining ASX 200
The Mexican fast-food chain has a good shot at joining the major benchmark next month, potentially attracting millions in new investment.
- Sarah Jones
July 2024
Whitehaven Coal says inflation is ‘rife’
The coal miner says the cost of parts and services continues to rise despite higher unemployment, as a rail “glitch” soured its $6.4b move into Queensland coal.
- Peter Ker
June 2024
China Cinda sells down at Yancoal, again
This is the second time this year the firm has sold down its stake, bringing its stake under 10 per cent.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Russian mining membership dogs global coal lobby
Now known as FutureCoal, the organisation says it is “agnostic” after appointing a Russian director. Its members include Yancoal, Whitehaven and Incitec Pivot.
- Peter Ker
March 2024
- Exclusive
- Carbon challenge
Glencore urged to keep coal, seek ASX home
Activist investor Tribeca has told Glencore directors they could add billions in value by retaining coal and embracing the ASX as its primary listing.
- Peter Ker
February 2024
China Cinda selling $200m stake in Yancoal; Barrenjoey on trade
Barrenjoey Capital Markets was seeking buyers for $200 million worth of Yancoal Australia shares – or 2.7 per cent of the company – on Monday evening.
- Sarah Thompson, Kanika Sood and Emma Rapaport
January 2024
Whitehaven soars on coking coal pivot
Whitehaven Coal says many foreign steelmakers have expressed interest in buying a minority stake in the Blackwater mine it is about to acquire from BHP.
- Peter Ker
December 2023
Investors tip strong payouts from sin-binned coal stocks
The coal sector is consolidating as big miners sell assets at bargain prices to juniors that can potentially grow resources and balance dividend payouts.
- Tom Richardson
October 2023
Coal shipments have worst August for five years
Demand for Australian exports is expected to pick up from September as countries in the northern hemisphere stock up ahead of winter.
- Elouise Fowler and Joshua Peach
September 2023
Thermal coal climbs as Russia-Ukraine war rolls into its second winter
Twelve months after prices hit unprecedented highs above $US400 a tonne, coal markets are starting to prepare for a cold snap in Europe.
- Updated
- Joshua Peach
August 2023
Whitehaven’s mystery investor fires warning shot
The $US3.5 billion-plus auction for BHP’s Blackwater and Daunia mines is creating a corporate stoush in an unexpected place.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Exclusive
- Carbon challenge
Origin’s big power profit leaves price-capped coal supplier fuming
Yancoal’s David Moult is disappointed the miner’s power bill rose 156pc in the period it was forced by government to sell cheap coal to NSW generators.
- Peter Ker
July 2023
NSW treasurer says higher coal royalties won’t push up power prices
NSW Treasurer Daniel Mookhey says higher taxes on the state’s coal industry will have only a “negligible” risk of increasing power prices.
- Elouise Fowler, Peter Ker and Patrick Durkin