Latest Coal News

Mastermyne Group Limited reported a 14% rise in EBITDA to $4.1 million for FY25 Q2, even as revenue fell 10% due to operational disruptions at Anglo American’s Grosvenor mine. The company secured key contract extensions and maintained a strong cash position, positioning itself for growth amid sector uncertainties.

TerraCom Limited reported resilient coal sales of 1.6 million tonnes for the December quarter despite weather disruptions, while advancing its Moorlands Thermal Coal Project and maintaining a fully franked dividend.

Atrum Coal Limited reported a $1.25 million net cash outflow for the December 2024 quarter, driven by exploration and litigation expenses, while successfully raising $5.8 million through an equity entitlement issue.

Atrum Coal Limited has successfully raised A$5.8 million through an entitlement offer while advancing a significant legal claim against the Alberta government and negotiating the sale of its Canadian subsidiaries.

1414 Degrees Ltd reports strong progress in its hydrogen and thermal energy storage projects, securing full funding for commercialisation and advancing key customer agreements. The company is poised to scale its innovative technologies amid ongoing operational enhancements.

Tigers Realm Coal is finalising the sale of its Russian subsidiaries for US$49 million, pending crucial Presidential approval, while navigating recent leadership shifts.

Frontier Energy’s updated Definitive Feasibility Study for its Waroona Renewable Energy Project confirms robust financial returns, reduced capital costs, and enhanced market opportunities amid rising electricity prices in Western Australia.

Jameson Resources Limited has made significant progress in environmental approvals for its Crown Mountain Hard Coking Coal Project, while community and political backing for the coal sector in Canada strengthens. The company plans to resubmit its Environmental Impact Statement by mid-2025.

Clara Resources outlines key progress on its Ashford Coking Coal Project drilling preparations and details ongoing capital management initiatives, including rights issues and entitlement offers, while navigating boardroom challenges.

DXN Limited reported a robust 58.1% revenue increase to $4.8 million in Q2 FY25, underpinned by strategic capital raising and new product innovation targeting AI infrastructure. The company is advancing key mining and telecom projects while streamlining operations to support its ambitious $16 million revenue guidance for FY25.

Tlou Energy advances its Lesedi Gas-to-Power Project with the substation nearing completion and plans to commence power generation later this year, positioning itself to meet Botswana's growing energy needs.

ASF Group Limited reported a $1.58 million cash balance for the December 2024 quarter, highlighting ongoing investments and a director retirement that could influence its strategic direction.