Latest Coal News

Aspire Mining has secured a $69.9 million lump-sum EPC contract with China Coal Technology and Engineering Group’s international arm, significantly de-risking its Ovoot Coking Coal Project and targeting first coal production by late 2027.

Comet Ridge Limited is set to acquire Santos’s 42.86% stake in the Mahalo Gas Project, consolidating full ownership and operator status. This move significantly increases the company’s gas reserves and positions it to better serve the east coast domestic gas market.

Greenvale Energy has successfully scaled its Alpha Torbanite Project test program by 40 times and commenced bulk sample production aiming for commercial bitumen certification.

Eastern Gas Corporation Limited, a new ASX-listed subsidiary of Pure One Corporation, has lodged a Replacement Prospectus to raise $5.5 million for advancing its Queensland gas projects, targeting commercial production through horizontal drilling and fracture stimulation.

Hazer Group has partnered with M Resources to integrate its methane pyrolysis technology into a bid to transform the Whyalla steelworks into a low-carbon steelmaking hub. This collaboration aims to produce clean hydrogen and graphite, aligning with government decarbonisation goals.

Fidante Partners has issued a replacement Product Disclosure Statement for the Alphinity Global Sustainable Equity Fund - Active ETF, refining ESG disclosures and noting a rise in transaction costs. The Fund’s core investment approach and fees remain steady.

Jade Gas Holdings has verified exceptionally high methane purity exceeding 97% at its Red Lake gasfield, underpinning its commercial LNG ambitions and opening new chemical feedstock opportunities.

Jameson Resources has raised an extra A$450,000 through a discounted share placement, reinforcing investor confidence in its Crown Mountain coal project amid ongoing regulatory progress.

TMK Energy has set new daily gas production records at its Gurvantes XXXV Coal Seam Gas Project, with November averages rising 18% over October and further gains in December. The company also completed its 2025 exploration program, confirming promising coal seam extensions.

Dalrymple Bay Infrastructure has secured $1.07 billion in new loan facilities, slashing its borrowing costs and extending debt maturity while maintaining its investment grade rating.

State Gas Limited has raised $3.2 million through convertible notes issued at a 33% premium, alongside a $0.5 million director debt conversion, to accelerate pre-development of its Rolleston West coal seam gas project following a maiden 2P reserve certification.

Eastern Gas Corporation Limited, a Pure One subsidiary, has lodged a prospectus to raise $5.5 million to advance exploration and development of its Queensland gas assets, aiming for a standalone ASX listing.