Tag: Dumping

Desperate Dalrymple: Brookfield dumps coal port on mums and dads in ASX float as Queensland moots bail-out – Michael West

Brookfield, Dalrymple Bay Coal Terminal, DBCT

They often call selling roadkill on the stock market as offering a share shouldn’t be better called a dead or dying parrot. Remember Howard’s 2nd tranche of Telstra shares?

The giant coal port Dalrymple Bay is up for sale. The financial engineering wizards from Brookfield want out. Brookfield’s debt is humungous, and green hydrogen is looming as a mortal threat to coking coal. They can’t offload it to professional investors, so they are now targeting the mums and dads for a float on the ASX, while even angling for a bail-out by the Queensland Government. Michael West reports on one of the trickiest financial juggling acts you will ever see.

Desperate Dalrymple: Brookfield dumps coal port on mums and dads in ASX float as Queensland moots bail-out – Michael West

Donald Trump overturns law preventing companies dumping coal mining debris in streams and rivers | The Independent

trump-coal-debris.jpg

President Donald Trump has put the brakes on a regulation blocking coal mining debris from being dumped into nearby streams. Trump called the stream protection regulation a “job-killing rule” before he signed a measure to overturn it.

Source: Donald Trump overturns law preventing companies dumping coal mining debris in streams and rivers | The Independent