trending Market Intelligence /marketintelligence/en/news-insights/trending/QONZZl5C9OnH7u9yRQ4-qQ2 content esgSubNav
In This List

Allegiance: JOGMEC pulls out from Kilmain coal JV in Australia

Blog

Over 150 state-level energy-related measures enacted during Q2'21

Blog

Insight Weekly: Earnings learnings; Duke Energy hits back; PE activity surges

Blog

Lithium prices hold firm, cobalt prices rally

Blog

Profit margins key to Tsingshan's battery nickel supply plans


Allegiance: JOGMEC pulls out from Kilmain coal JV in Australia

AllegianceCoal Ltd. said April 27 that JOGMEC has withdrawn from the coal joint venture inQueensland, Australia, after spending over A$2 million on the coal project bythe end of the quarter.

Under a July 2014 deal, JOGMEC agreed to provide a A$3 million cash injectionto earn up a 40% stake in Kilmain by transferring the funds over a three-yearperiod.