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INSANE: Whitehaven coal | Vintage Vibes

Protests and price drops: mining giant faces challenges

Protesters have disrupted a meeting held by one of Australia's largest coal mining companies but bigger challenges could come from global price fluctuations.

AAP

World’s highest court issues groundbreaking ruling for climate action. Here’s what it means for Australia

The world’s highest court says countries are legally obliged to prevent harms caused by climate change, in a ruling that repudiates Australia’s claims it is not legally responsible for emissions from our fossil fuel exports.

The Conversation

AustralianSuper criticised for buying up shares in Whitehaven Coal while claiming to be committed to net zero

Super fund, on the brink of becoming Whitehaven’s biggest shareholder, says company’s acquisition of metallurgical coal assets made it a more attractive investment

The Guardian - AU

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Cost of emissions from five major Australian resource companies more than $900bn, study finds

US researchers link BHP, Rio Tinto, Santos, Whitehaven Coal and Woodside Energy to specific climate harms over three decades

The Guardian - AU

Big coal miner stares down protests, shareholder vote

Shareholders voting at Whitehaven Coal's annual general meeting have supported the company's executive remuneration plan, defeating moves to spill the board.

AAP

Attorney general considering releasing full robodebt report – As it happened

All the day’s news as it unfolded

The Guardian - AU

Whitehaven Coal faces rare shareholder action over mining plans and CEO’s $7m bonus

Australian miner paying ‘massive bonuses’ for ‘steamrolling ahead with an outdated and unacceptably risky coal growth strategy’, activists say

The Guardian - AU

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Nathan Tinkler locked in to mining court battle

The case will appear before NSW Supreme Court.

Newcastle Herald

Japan's steel giants dig deep for Australian coal

Production at one of Australia's biggest coal mines could be extended beyond 50 years under joint venture deals, with the buyers warned to brace for backlash.

AAP

Environmental groups apply to take Tanya Plibersek to high court over coalmine approvals

Minister should have assessed climate damage that would be caused by two large developments, advocates say

The Guardian - AU

Groups mount challenge over 'reckless' new coal mine

A proposed new coal mine that will generate climate pollution for 30 years is reckless and should be stopped, conservation groups will tell a Queensland court.

AAP

Whitehaven H1 profit plunges after lower coal prices

Cheap Russian coal and the costs of an acquisition have hit Whitehaven Coal's first-half profit after the exporter reported a substantial fall.

AAP

Lendlease Group hit with first strike after $232m loss

Lendlease has joined Qantas, Woolworths, Treasury Wine Estates, Magellan Financial and Whitehaven Coal in being slapped with a "first strike" on executive pay.

AAP

Major miner faces shock Qantas-style shareholder revolt

More than 40 per cent of Whitehaven Coal's shareholders have voted against their executive pay, as investors demand action on net-zero obligations.

AAP

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AAP

Whitehaven to buy two coal mines for up to $6.4b

Whitehaven will pay up to $6.4 billion for BHP's Daunia and Blackwater coking coal mines in Queensland, transforming itself into a metallurgical coal player.

AAP

Investor group calls for action over Whitehaven bonuses

Bell Rock Capital Management is calling on investors to vote down bonuses for Whitehaven management, after accusing its executives of destroying share prices.

AAP

Minister faces court over coal mines' climate harms

A small conservation group is challenging Environment Minister Tanya Plibersek in court, arguing she failed to adequately consider fossil fuel harms to nature.

ABC News

Coalmines pollute much more than their operators predicted when they sought approval

An ABC analysis uncovers several examples of project approval being granted to coalmines based on environmental assessments that contained significant underestimates of their greenhouse gas pollution.

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Newcastle Herald

University chancellor Paul Jeans makes second move to retire

Paul Jeans, the former BHP executive turned University of Newcastle Chancellor, will retire in December after his first move to stand aside sparked a succession crisis for the institution in 2021.

Newcastle Herald

Official probe launched after contractor hit by crane, breaks leg

The worker had been fixing a haul truck when he was hit and seriously injured on site.

Newcastle Herald

Teenagers arrested after climate protest at Whitehaven Coal's Newcastle office

Protesters that busted into the boardroom at Whitehaven Coal's Newcastle office have been arrested after they served a 'cease and desist' order on its plans to build new mines and expand existing ones.

The Guardian - AU

‘Massive missed opportunity’: NSW could make $23bn with tiered tax on record coal profits

‘Small number of fossil fuel-exporting companies are making windfall gains,’ says analyst advocating for Queensland system

Newcastle Herald

Hunter coal producers earning billions as prices hit new record highs

Newcastle coal prices hit $660 a tonne

ABC News

Record profit for Whitehaven Coal as global energy crisis fuels thermal coal demand

The surging price of coal has led to a multi-billion-dollar profit for Whitehaven Coal, which insists the future outlook for coal is strong despite the global push to reduce greenhouse gas emissions.

Newcastle Herald

Tinkler must find $250,000 to fight Whitehaven for 26m shares

Court orders $1 Tinkler company to find $250,000.

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