Asia
China:
India:
* India and Russia plan to trade $30 billion annually by 2025 amidst several energy deals. Among them, Coal India will mine coking coal in Russia's Far East, Reuters reported.
Europe
Russia:
Australia
Bowen Coking Coal Ltd. said that it agreed with Rio Tinto Exploration Pty. Ltd. to amend its original purchase agreement, giving Bowen full control of the Hillalong coking coal project in Queensland, Australia. The parties agreed to terminate the right of the Rio Tinto unit to buy back 51% of the project.
* The Australia Competition and Consumer Commission wrote in a media release that the Full Federal Court dismissed its appeal on a federal court judgment related to alleged bid rigging conduct involving Cascade Coal Pty Ltd. and landowners represented by Paul and Moses Obeid. The appeal addressed whether the parties associated with Cascade and the Obeids were in competition when they withdrew a bid for Mount Penny and Glendon Brook mining exploration licenses, and the Full Federal Court determined that there was no error of law, according to the release.
Some external links may require a subscription. Links are current as of publication time, and we are not responsible if those links are unavailable later.
S&P Global Market Intelligence and S&P Global Platts are both owned by S&P Global Inc.
