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Australia’s Dartbrook mine prepares for first coal sale

  • Spanish Market: Coal
  • 02/12/24

New South Wales mining firm Australian Pacific Coal (APC) is planning to ship its first load of unwashed coal from the underground Dartbrook mine in December 2024, two months after reopening its Hunter Valley facility.

APC will focus on producing thermal coal at the mine, and is also planning to test the coking potential of deposits around the site in early 2025. The company recently announced plans to produce 20,000t of coal at Dartbrook by November 2024, ramping up to 2.4mn t/yr by late 2026.

APC is planning to increase coal production at Dartbrook during a period of weakening thermal coal demand. Coal exports from the Port Waratah Coal Terminals at the Port of Newcastle fell on the year in November for the second consecutive month. The Australian Office of the Chief Economist announced in September it was forecasting a 21.6pc drop in thermal coal exports between the July 2023 to June 2024 and 2025-26 financial years.

Dartbrook sits alongside the Hunter Valley Rail Network, a set of lines connecting dozens of coal mines in New South Wales to the Port of Newcastle. However, APC will not be able to use the lines until it negotiates an access agreement with network operator the Australian Rail Track Corporation. The company must also sign agreements with terminal operators at the Port of Newcastle before it can ship coal out of New South Wales.

APC's original Dartbrook resource consent was scheduled to expire in December 2022, but New South Wales' Land and Environment Court granted the company a five-year consent extension in late 2021. The company had been appealing for an extension for two years after an initial unsuccessful attempt. APC is currently working on another application to extend its consent by six years through to December 2033.

APC's export preparations come alongside managerial changes at the firm. The company announced the resignation of its chief executive and managing director, Ayten Saridas, the same day it updated investors on Dartbrook.

By Avinash Govind


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17/03/25

Indonesia’s RMK raises 2024 coal loading, sales volumes

Indonesia’s RMK raises 2024 coal loading, sales volumes

Manila, 17 March (Argus) — Indonesian coal logistics and mining firm RMK Energy raised its coal loading and sales volumes in 2024 compared with 2023 on the back of higher coal production out of Sumatra. The total volume of coal loaded onto barges rose by 19pc to 9.02mn t of coal in 2024, up from 7.56mn t a year earlier, the company said. The increase was because of higher output from mining companies in Sumatra that used RMK for its logistics service, according to the firm. The company's total coal sales rose by 19pc to 2.81mn t in 2024. This was despite lower coal output from its coal mines, which fell by 13pc to 900,120t in 2024 from 1.035mn t in 2023. The decrease was because the company opted to focus on developing new areas, RMK said. The firm moved more overburden material in 2024, which resulted in an increase in the mine's strip ratio and coal cash cost. RMK sourced its coal from other mining companies through its trading arm to offset this, the company said. The company produces GAR 3,000-4,200kcal/kg coal which is sold mainly for blending purposes. RMK has set higher operational targets for 2025 on projections of increased output from Sumatra's mining companies and in order to offset continued weak prices of coal. Total coal sales are targeted to reach 3.8mn t in 2025, a 35pc increase on the year. Barge loading volumes are targeted to reach 11mn t, a 24pc increase on the year. RMK will also focus on improving its logistics infrastructure. This includes the integration of new coal mines such as the Wiraduta Sejahtera Langgeng (WSL) and Duta Bara Utama (DBU) into the company's dedicated coal hauling road as well as upgrades to loading and unloading stations to support higher coal transportation volumes, the company said. By Antonio delos Reyes Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

New Zealand's Genesis Energy signs wood pellet deal


14/03/25
14/03/25

New Zealand's Genesis Energy signs wood pellet deal

Sydney, 14 March (Argus) — New Zealand utility Genesis Energy has signed an initial agreement with biomass developer Carbona to study the viability of commercial wood pellet supply to the Huntly Power Station, supporting efforts to transition it from coal-fired power to wood-fired. Carbona is also building a 180,000 t/yr torrefied wood pellet plant in central North Island, it announced on 14 March. The company plans to sell the pellets it produces at the site to major utilities in New Zealand and abroad, beginning in 2028. Genesis-operated Huntly is New Zealand's largest power station, supplying the country's grid with 1,200MW, and currently runs on gas-fired and coal-fired generators. But Genesis has been exploring opportunities to substitute coal with biomass at Huntly over recent years. Genesis signed a non-binding pellet purchase agreement with Australian biomass producer Foresta last month. The utility at that time said that it would need 300,000 t/yr of torrefied wood pellets by 2028 to achieve its coal reduction goals. Carbona's deal with Genesis also comes just days after the Ministry of Business, Innovation, and Employment released data showing that coal and gas-fired electricity generation across New Zealand collapsed in the October-December 2024 quarter , dropping by 42pc on the year. By Avinash Govind Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Lower Rio Tinto Al output cuts New Zealand power demand


13/03/25
13/03/25

Lower Rio Tinto Al output cuts New Zealand power demand

Sydney, 13 March (Argus) — New Zealand's industrial electricity demand fell on the year in October-December 2024, after Rio Tinto cut production at its Tiwai Point aluminium smelter in the previous quarter. The country's industrial electricity demand was down by 9pc compared with a year earlier, data from the Ministry of Business, Innovation, and Employment show ( see table ). Rio Tinto cut production at Tiwai Point in late-July 2024, after New Zealand utility Meridian Energy requested that it reduce its energy use by 205 MW. Many of the plant's potlines remained off line until late-September 2024, when Rio Tinto began restarting production at a reduced level. The Tiwai Point Aluminium Smelter is New Zealand's largest industrial energy user, consuming 572MW of power, often accounting for 12-13pc of national electricity demand, according to New Zealand's Electricity Authority. But it only accounted for about 10pc of total demand in October-December because of its lower production level. Rio Tinto's decreased power use and the country's rising geothermal generation in October-December pushed New Zealand's coal- and gas-fired generation to their lowest levels since late-2022. Utilities produced 2.1PJ from coal- and gas-fired generation, down by 73pc on the quarter and by 42pc on the year ( see table ). Coal- and gas-fired plants accounted for just 6pc of total generation in the fourth quarter of 2024, down from 19pc in July-September and 10pc a year earlier. Meanwhile, New Zealand's renewable power generation grew in importance over October-December, even as the government continued taking steps to promote coal- and gas-fired generation. The share of renewable electricity rose to 94.3pc, the highest level since December 2022 and the fourth highest on record. The New Zealand government is eager to promote oil, gas and petroleum generation, resources minister Shane Jones told Argus in December 2024. New Zealand's government has rolled back a ban on offshore gas exploration and has been fast-tracking coal developments since taking office in 2023. The country's largest utility, Meridian Energy, also warned of a structural gas shortage in late February, calling for new gas exploration. By Avinash Govind New Zealand Energy Quarterly Oct-Dec '24 Jul-Sep '24 Oct-Dec '23 q-o-q ± % y-o-y ± % Electricity Consumption (PJ) Industrial 11.0 10.1 12.1 8.7 -9.0 Total 33.7 38.1 35.2 -11.4 -4.3 Electricity Production (PJ) Coal 0.5 3.2 1.3 -84.9 -64.2 Gas 1.7 4.6 2.4 -63.8 -29.8 Geothermal 7.6 8.5 7.1 -10.9 6.6 Total 37.7 41.5 38.2 -9.3 -1.4 Source: Ministry of Business, Innovation, and Employment (MBIE) Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

US headline inflation eases in February


12/03/25
12/03/25

US headline inflation eases in February

Houston, 12 March (Argus) — US inflation fell in February for the first time in four months, an unexpected improvement amid mounting uncertainty over the new US administration's tariff, immigration and spending policies. The consumer price index (CPI) slowed to an annual rate of 2.8pc in February, down from 3pc in January, the Labor Department reported Wednesday. Analysts surveyed by Trading Economics had forecast a 2.9pc rate. Core inflation, which strips out volatile food and energy, rose at a 3.1pc annual rate, down from 3.3pc the prior month and the lowest since April 2021. The deceleration in inflation comes as the Federal Reserve has signaled it is in no hurry to change its policy stance as it weighs the impacts of President Donald Trump's tariffs and other policies, which most economists warn will spur inflation. The Fed is widely expected to hold rates unchanged at its policy meeting next week after pausing in January following three rate cuts in the final months of 2024. The energy index fell by an annual 0.2pc in February from 1pc growth in January. Gasoline fell by 3.1pc. Piped gas rose by 6pc. Food rose by an annual 2.6pc, accelerating from 2.5pc. Eggs surged by an annual 59pc, as avian flu has slashed supply. Shelter rose by 4.2pc, accounting for nearly half of the overall monthly gain in CPI, slowing from 4.4pc in January. Services less energy services rose by 4.1pc, slowing from 4.3pc in January. New vehicles fell by 0.3pc for a second month. Transportation services rose by an annual 6pc, slowing from 8pc in January. Car insurance was up by an annual 11.1pc and airline fares fell by 0.7pc. CPI slowed to a monthly 0.2pc gain in February from 0.5pc in January, which was the most since August 202 3. By Bob Willis Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Trump to declare power 'emergency' in some states


11/03/25
11/03/25

Trump to declare power 'emergency' in some states

Washington, 11 March (Argus) — President Donald Trump said today he intends to declare a "National Emergency on Electricity" in states that could be affected by Ontario's imposition of a 25pc surcharge on electricity exports and further threat to cut off exports entirely. The emergency declaration will allow the US to alleviate the "abusive threat" from losing electricity imports from Canada, Trump wrote in a post on social media. Trump said in response to the surcharge, he would double existing tariffs on Canadian steel and aluminum , and warned Canada that it would pay a high cost if Ontario cuts off the flow of electricity to the US. "Can you imagine Canada stooping so low as to use ELECTRICITY, that so affects the life of innocent people, as a bargaining chip and threat?" Trump wrote. "They will pay a financial price for this so big that it will be read about in History Books for many years to come!" On Monday, Ontario put a 25pc fee on its electricity exports to New York, Michigan and Minnesota in response to Trump's tariffs on Canada. Ontario premier Doug Ford said he was applying "maximum pressure" on the US over its tariff war, and threatened to cut off exports entirely if Trump increased tariffs further. Ontario was the largest exporter of electricity to the US in 2023, sending 15.2 TWh to the US. Trump already declared a national energy emergency on 20 January, unlocking emergency authorities to fast-track permitting and seek to retain production of baseload power plants. Trump has yet to offer more details on the electricity emergency, but the US Department of Energy (DOE) can issue emergency orders that would allow power plants to run at maximum capacity or waive some environmental regulations. DOE did not immediately respond to a request for comment. The New York Independent System Operator, which runs the state's electric grid, said it was analyzing the effects of Ontario's orders and expects to have "adequate reserves to meet reliability criteria and forecast demand for New York." By Chris Knight Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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