Plans for UK’s first coal mine in 30 years quashed by High Court Energy The decision to grant planning permission for what would have been the UK’s first coal mine in 30 years at Whitehaven in Cumbria has been quashed by a High Court judge. The Government first granted permission for the new coal mine in December 2022. Then-levelling up secretary Michael Gove greenlit the Whitehaven mine, in line [...]
Glencore: FTSE 100 mining giant opts against coal spin-off after investor feedback Commodities Glencore no longer plans to demerge its coal business after an “overwhelming majority” of shareholders told the mining giant to retain the division. The FTSE 100 constituent had planned to spin off its coal business after it completed the $7bn (£5.51bn) acquisition of Teck Resources’ steelmaking coal business in November last year. However, on Wednesday, [...]