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Mackay
Sep 13, 2025
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Business

https://electrical.aragroup.com.au/projects/moranbah-north-mine-chpp-project/

Peabody acquires top steelmaking coal assets

What’s Happening? Peabody Energy has announced its acquisition of four Tier 1 metallurgical coal mines from Anglo American in Queensland’s Bowen Basin for $2.32 billion. The transaction, expected to close by mid-2025, will significantly expand Peabody’s Australian operations and establish it as a leading seaborne metallurgical coal producer. These assets are integral to Peabody’s strategy to increase its focus on premium steelmaking coal for the Asian market. Why It Matters? This acquisition enhances Peabody’s position as a supplier of high-quality metallurgical coal, critical for global steelmaking. The transaction is projected to generate strong cash flow and operational synergies, while improving the company’s financial profile. CEO Jim Grech remarked, “This transformative transaction presents a rare opportunity for Peabody to acquire premier

Cane Industry awaits STL Election outcome

Queensland cane growers united for a critical Sugar Terminals Limited (STL) election at the 2024 AGM. With voting now concluded, the results will shape the future of Australia’s sugar export industry.

Carl Morton takes over as CEO of Mackay Sugar

What’s happening? Carl Morton has officially stepped into the role of CEO at Mackay Sugar, Australia’s second-largest sugar producer, following his promotion from General Manager Operations. Morton succeeds Jannik Olejas, who will return to Denmark in January 2025 to become Managing Director. Why it Matters? Mackay Sugar plays a crucial role in the regional economy and community, and Morton’s leadership is key to driving the company’s future growth. With backing from both the Board of Directors and majority shareholder, Nordzucker Group, Morton is tasked with delivering a multi-year investment program and advancing the company’s sustainability goals. By the Numbers – Mackay Sugar: Australia’s second-largest sugar producer – CEO Transition: Effective October 24, 2024 – Nordzucker Group: Majority shareholder since 2019

https://electrical.aragroup.com.au/projects/moranbah-north-mine-chpp-project/

Peabody acquires top steelmaking coal assets

What’s Happening? Peabody Energy has announced its acquisition of four Tier 1 metallurgical coal mines from Anglo American in Queensland’s Bowen Basin for $2.32 billion. The transaction, expected to close by mid-2025, will significantly expand Peabody’s Australian operations and establish it as a leading seaborne metallurgical coal producer. These assets are integral to Peabody’s strategy to increase its focus on premium steelmaking coal for the Asian market. Why It Matters? This acquisition enhances Peabody’s position as a supplier of high-quality metallurgical coal, critical for global steelmaking. The transaction is projected to generate strong cash flow and operational synergies, while improving

Cane Industry awaits STL Election outcome

Queensland cane growers united for a critical Sugar Terminals Limited (STL) election at the 2024 AGM. With voting now concluded, the results will shape the future of Australia’s sugar export industry.

Carl Morton takes over as CEO of Mackay Sugar

What’s happening? Carl Morton has officially stepped into the role of CEO at Mackay Sugar, Australia’s second-largest sugar producer, following his promotion from General Manager Operations. Morton succeeds Jannik Olejas, who will return to Denmark in January 2025 to become Managing Director. Why it Matters? Mackay Sugar plays a crucial role in the regional economy and community, and Morton’s leadership is key to driving the company’s future growth. With backing from both the Board of Directors and majority shareholder, Nordzucker Group, Morton is tasked with delivering a multi-year investment program and advancing the company’s sustainability goals. By the Numbers –

https://electrical.aragroup.com.au/projects/moranbah-north-mine-chpp-project/

Peabody acquires top steelmaking coal assets

What’s Happening? Peabody Energy has announced its acquisition of four Tier 1 metallurgical coal mines from Anglo American in Queensland’s Bowen Basin for $2.32 billion. The transaction, expected to close by mid-2025, will significantly expand Peabody’s Australian operations and establish it as a leading seaborne metallurgical coal producer. These assets are integral to Peabody’s strategy to increase its focus on premium steelmaking coal for the Asian market. Why It Matters? This acquisition enhances Peabody’s position as a supplier of high-quality metallurgical coal, critical for global steelmaking. The transaction is projected to generate strong cash flow and operational synergies, while improving

Cane Industry awaits STL Election outcome

Queensland cane growers united for a critical Sugar Terminals Limited (STL) election at the 2024 AGM. With voting now concluded, the results will shape the future of Australia’s sugar export industry.

Carl Morton takes over as CEO of Mackay Sugar

What’s happening? Carl Morton has officially stepped into the role of CEO at Mackay Sugar, Australia’s second-largest sugar producer, following his promotion from General Manager Operations. Morton succeeds Jannik Olejas, who will return to Denmark in January 2025 to become Managing Director. Why it Matters? Mackay Sugar plays a crucial role in the regional economy and community, and Morton’s leadership is key to driving the company’s future growth. With backing from both the Board of Directors and majority shareholder, Nordzucker Group, Morton is tasked with delivering a multi-year investment program and advancing the company’s sustainability goals. By the Numbers –