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Selling, carrying, bringing, or taking coal(s) to Newcastle is an idiom of British origin describing a pointless action. [1] It refers to the fact that, historically, the economy of Newcastle upon Tyne in north-eastern England was heavily dependent on the distribution and sale of coal and therefore any attempt to sell coal to Newcastle would be foolhardy as supply would be greater there than ...
Coal is moved by Aurizon via the Main Northern railway line to the Port of Newcastle for export. [8] [9] Until 2020, a 10 kilometre conveyor system transported coal to Bayswater and Liddell Power Stations. [10] In 2021, BHP reevaluated the price of the mine to negative $200 million. [11] This price reflected rehabilitation and restoration ...
An empty coal train heads west through Maitland bound for the coal mines. The Hunter Valley Coal Chain (HVCC) is the chain of coal delivery in New South Wales, Australia from (mainly open-cut) coal mines in the Hunter Region to the Port of Newcastle and domestic coal-fired power stations in the Hunter Valley.
Fundamentals in the coal sector have been challenged for the past few years. Global oversupply of thermal coal, used for electricity generation, has kept a lid on coal prices. Only slowly is the ...
The coal stockpile has reached about 138 million tons, or about the equivalent of the quantity of coal that Appalachia is expected to produce in 2025, according to the report, published Monday by ...
The port was the first commercial export port in Australia and is the world's busiest coal export port. Annual exports of coal from Newcastle exceeded A$15 billion in 2012–13. Newcastle berthed more than 2,200 ships a year in 2012–13. [5] The port's harbourmaster is the Port Authority of New South Wales.
The term "peak coal" is now used primarily to refer to a peak and subsequent decline in global and national coal consumption. In 2016 experts estimated that China, the world's largest coal consumer, reached peak coal in 2013, and that the world may have passed peak coal. [9] However, in 2017, for the first time in four years, demand for coal ...
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