Latest Metallurgical Coal News

Bowen Coking Coal has started owner-operated mining at its Burton Mine Complex with a reduced fleet and production focus, responding to weak global steel markets and low coal prices. The company is actively pursuing refinancing and strategic funding to sustain operations during this challenging period.

New Age Exploration has finalized the sale of its Lochinvar Metallurgical Coal Project, entering a royalty agreement that could yield up to A$15 million, while sharpening its focus on gold and lithium assets in Australia and New Zealand.

Dalrymple Bay Infrastructure Limited (DBI) reports robust FY-24 results, underpinned by stable take-or-pay contracts and a $366 million capital program, while advancing its 8X capacity expansion project.

Bowen Coking Coal has announced it will remain suspended on the ASX as it reassesses its operational plans and explores financing options amid challenging market conditions.

Bowen Coking Coal has surpassed its full-year 2025 production and sales targets ahead of schedule while transitioning the Burton Mine Complex to an owner-operator model. However, ongoing market challenges and funding uncertainties cast a shadow over its near-term outlook.

Bathurst Resources reports robust cash reserves and steady profitability while progressing development of its Buller and Tenas metallurgical coal projects. The company also navigates ongoing litigation that could impact its governance.

Brookfield Infrastructure Partners has sold nearly a quarter of its stake in Dalrymple Bay Infrastructure, reducing its holding but remaining the largest shareholder. This move boosts DBI's free float and could pave the way for its inclusion in the S&P ASX 200 index.

Cokal Limited has secured US$15 million in strategic debt funding to ramp up metallurgical coal production at its BBM mine, while terminating all agreements with Cratus due to non-performance.

Yari Minerals has announced a significant 91% increase in its inferred coal resource at the Rolleston South Coal Project, leveraging new data from coal seam gas wells to boost the resource to 151 million tonnes.

Yancoal Australia Ltd reported robust 2024 financial results and outlined key corporate governance actions at its 2025 Annual General Meeting, reinforcing its position as a leading coal producer amid market challenges.

Dalrymple Bay Infrastructure Limited forecasts a 3.6% increase in terminal charges and a 6.5% uplift in distributions for the 2025/26 financial year, confirming steady growth and full terminal capacity.

Yari Minerals has completed the acquisition of the Rolleston South Coal Project in Queensland’s Bowen Basin, adding a substantial 78.9 million tonnes inferred coal resource and planning further drilling to expand it.