Whitehaven coal donated to Ukraine. Several mining companies have shown support of Ukraine by donating 70 000 tonnes of coal. The donation has been made to support the Eastern European country’s energy security.
“In a very tight supply market, Whitehaven has been able to commit this important shipment while ensuring contracted customer demand is met,” the miner stated.
“Additionally, Whitehaven will also contribute $250,000 to the Australian Red Cross Ukraine Crisis Appeal.”
Prime Minister Scott Morrison and several other ministers issued a recent statement outlining how the coal would benefit the Ukrainians.
“The assistance will help keep the country’s coal-fired power generators operating and supplying electricity to country’s power grid, supporting the Ukrainian people by keeping lights on, homes heated, and factories running at this very difficult time,” the statement read.
Humanitarian relief has also come from other big name companies including BHP, Newmont and Anglo American. Each company has donated $6.74 million to aid the people of Ukraine. Employee donations have also been encouraged from the latter two companies.
The Federal Government have increased their support by applying further sanctions to Russia. This includes an immediate ban on Australian exports of alumina and aluminium ores (including bauxite) to Russia. This is an attempt to limit Russia’s ability to produce aluminium.
Australia had previously supplied Russia with 20% of its alumina needs required for operations in the automotive, aerospace, packaging, machinery, construction and armaments industries.
The Federal Government said it will work to ensure these sanctions don’t seriously impact on the Australian resources sector by looking to expand to existing markets.
This article is an extract from Australia Mining regarding the coal donated to Ukraine. www.australianmining.com.au