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Dutch parliament votes to close down country's coal industry
24 Sep 2016 - The Dutch parliament has voted for a 55% cut in CO2 emissions by 2030, which would require the closure of all the country’s coal-fired power plants.

Glencore coking coal shipments delayed after Australia train accident
17 Sep 2016 - Glencore (LON:GLEN) announced some "short-term" delays in its coking coal shipments from Queensland's Bowen basin in Australia, after a derailment that took place over the weekend.

Aurizon, Australia's largest rail freight operator, said in a statement that there was major infrastructure damage as a result of the derailment, which occurred 120 kilometres south of the Abbot Point export terminal. The company hopes to restart services by September 19.

Komatsu introduces the 980E-4 mining haul truck
17 Sep 2016 - Rolling Meadows, Ill., September 15, 2016— Komatsu America Corp., a leading global heavy equipment manufacturer, announces the North American commercial release of the 980E-4 haul truck, for service in mine sites requiring 400-ton payload capacity.

With a 400-ton capacity and 3,500 HP engine, the 980E-4 builds on a long history of success with electric drive trucks, and reinforces Komatsu’s position as a global leader in the ultra-class mining truck market.

Potash Corp. and Agrium merge, create $36bn fertilizer giant
13 Sep 2016 - Canada’s Potash Corp. of Saskatchewan (TSX:POT) (NYSE: POT), the world’s largest producer of the fertilizer by capacity, and smaller rival Agrium (TSX:AGU) (NYSE: AGU) have agreed to an all-share merger, creating this way the world’s largest crop-nutrient supplier worth about $36 billion, including debt.

Copper price crunch
13 Sep 2016 - In European trade on Monday copper for delivery in December slipped to a near three-month low after worries about the global economic outlook weighed down the bellwether metal and speculators bet on further weakness ahead. Copper futures exchanged hands for $2.0640 per pound ($4,550 a tonne), down more than 1% from Friday's close and the lowest since June 16.

Panic buying sees coking coal price jump 20% in a week
13 Sep 2016 - The parabolic rise in the price of coking coal showed no signs of slowing last week with the Australian export benchmark hitting $180.90 a tonne up a stomach churning 20.8% for the week. The steelmaking ingredient is now up 136% in 2016.

The latest gap up for metallurgical coal came after a research report showing levels of "panic buying" not seen since 2011, when floods in key export region in Queensland sent the price soaring to $335 a tonne (albeit not for long).

US, China climate pact devastating for coal price
10 Sep 2016 - While not rising at quite the dizzying pace of the coking variety, thermal coal has added 37% in value this year with the benchmark Australian export price recently coming within shouting distance of $70 a tonne.
A new report by Wood Mackenzie assessing the impact of climate change on the global trade in coal used in electricity generation paints a very different picture however.

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