Private equity pours more money into coal


LONDON: Private equity deals in the mining industry poured more money into coal last year than traditional favourites such as copper, gold and battery materials combined.

The jump in coal money shows that however dirty and unloved it may be, the fuel remains a cash cow.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Coal , Private equity

Next In Business News

Markets bet on peace� as the war grinds on
Fed�credibility lost if president ‘can fire’ officials
Top tech fund targets SK Hynix stake
ECB’s Schnabel warns shock can no longer be ignored
Ample yuan liquidity reflects weak demand
Turkiye’s economy cools more than expected in first quarter
Weaker consumer sentiment weighs on Amway
Philippines’ BSP mulls stronger response to inflation
China’s private factory gauge slows as economy softens, growth falters
Export growth hits new highs on AI chip boom

Others Also Read