Coal in Australia
Turkey produces 5.5 mln tons of lignite in month
Turkey's marketable production of lignite stood at 5.5 million tons February and hard coal stood at 96,079 tons, as 339,104 tons of coke were derived from hard coal in February, according to April 29 data by the Turkish Statistical Institute (TÜİK).
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Rio prefers Yancoal to Glencore in Australia coal sale
Rio Tinto on June 26 recommended shareholders accept a new improved offer from Yancoal for its Australian coal assets, after the China-backed firm trumped a fresh bid from Swiss commodities giant Glencore.
Rio, the world's second-largest miner, said in January it was selling Coal & Allied to Yancoal Australia -- majority-controlled by China's Yanzhou Coal -- for $2.45 billion.