Latest Coal Transport News

Cokal Limited has clarified the recent spike in its share price and trading volume, attributing the market activity to a series of operational milestones and strategic partnerships rather than undisclosed information.

Bathurst Resources has released a detailed Prefeasibility Study for its Buller Plateaux Continuation Project, confirming 11.8 million tonnes of coal reserves and robust project economics that could extend the life of the Stockton Mine by over 15 years.

Cokal Limited has resumed coal sales to domestic users and advanced critical infrastructure upgrades at its Indonesian metallurgical coal projects, signaling a strategic operational ramp-up amid improving market conditions.

Aspire Mining Limited reports significant progress on its Ovoot Coking Coal Project, securing exclusive marketing rights and aligning infrastructure development with government-backed transport projects.

Cokal Limited’s PT Bumi Barito Mineral has resumed limited mining operations and appointed PT Harapan Mitra Lestari as its mining contractor, while upgrading logistics infrastructure to support future production growth.

Yari Minerals has announced a substantial 140% increase in its JORC Inferred Coal Resource at the Rolleston South Project in Queensland, now totaling 190 million tonnes. The company is actively drilling to upgrade resource confidence and confirm coal quality, positioning itself for future development.

Cokal Limited has secured a binding agreement with PT Petrindo to jointly fund and develop the BBM Haul Road into an all-weather route, appointing PT Petrosea as contractor to support coal transport capacity growth.

The Mongolian government has officially endorsed a key highway project under a public-private partnership, aligning with Aspire Mining’s infrastructure plans and significantly de-risking its Ovoot Coking Coal development.

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.

Aspire Mining Limited has made significant strides in developing its Ovoot Coking Coal Project in Mongolia, securing key infrastructure bids and maintaining a robust financial position as it moves closer to production.

Cokal Limited advanced its Indonesian metallurgical coal projects in Q1 2025 with key financing secured by joint venture partner PT Petrindo, completion of critical infrastructure, and a strategic US$7 million prepayment facility. These developments underpin Cokal’s strategy to ramp up production while reducing costs amid challenging market conditions.

New Hope Group delivered a robust quarterly performance with a 21.8% rise in underlying EBITDA and a 33% jump in saleable coal production for the first half of FY25, underpinned by operational efficiencies and strategic investments.