Strengthening the competitiveness of the coal business value chain and rotating assets
First written in FY2016. 10 of 16 entries say "Advanced", first in FY2017. Latest entry: FY2026.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Commercial operations began for the coal-substitute biofuel "Idemitsu Green Energy Pellet." To commercialize the manufacture and sale of woody biomass (black pellets), which can reduce CO₂ emissions from coal-fired power generation, black pellets were received and stored at the coal center and co-firing tests were conducted in coal boilers operated by participating customers. The company also launched idemitsu-R40, a cloud-based web system.」
The start of commercial operations for coal-substitute black pellets and the launch of idemitsu-R40, which supports co-firing coal and carbon-neutral fuels, brought the shift to low-carbon solutions to the commercialization stage. - 2026-05-12AdvancedEarnings presentation
「25年度にベトナムで年産12万tの商業プラント稼働開始。2030年には300万tの供給体制構築を目指す」
石炭事業の低炭素ソリューションとして、ブラックペレットの商業プラント稼働と2030年の供給体制目標を示した。 - FY2025RestatedAnnual report
「In the resources business, the company worked to concentrate coal production at the Bogabray mine and undertake other related initiatives.」
The company continues to pursue a policy of concentrating its coal business on highly competitive assets. - FY2024AdvancedAnnual report
「The company also advanced its entry into rare-metal mining by investing in Delta Lithium Limited, which is pursuing a lithium business in Australia, drawing on the business platform developed through coal-mine operations. It also pursued initiatives toward carbon neutrality and regional contributions, including examining the commercialization of renewable energy and green hydrogen and ammonia projects using mining assets.」
Progress was made toward entering the lithium and rare-metal businesses using the coal-mining platform, as well as examining renewable energy, hydrogen, and ammonia projects using mining assets. - FY2024-Q2AchievedAnnual report
「On 3 February 2023, through Idemitsu Australia, a wholly owned subsidiary through which it holds an interest, the company entered into a sale and purchase agreement to transfer its entire 85% interest in the Ensham coal mine in Australia to Sungela Pty. Ltd. The transfer was completed on 31 August 2023.」
The transfer of the entire 85% interest in the Ensham coal mine was completed on 31 August 2023, bringing the structural reform of concentrating the coal business on the Bogabray mine to the transaction-completion stage. - FY2024-Q1RestatedAnnual report
「The main strategies for the structural reform of the coal business are as follows. (1) Continue stable supply, primarily to domestic customers, and maximize earnings by utilizing the highly competitive Bogabray mine. (2) Sell the Marenau mine in Indonesia (sold in March 2022) and the Ensham mine in Australia. (3) Develop new businesses using the existing business platform, including renewable energy using former mine sites and rare-metal development utilizing coal-mining technology.」
The company reaffirmed its strategy for structural reform of the coal business: selling the Ensham mine, concentrating operations on Bogabray, and shifting to renewable energy using former mine sites and rare-metal development. The transfer of Ensham was scheduled for 2023 and was subject to approval by the Australian government and other conditions. - FY2023AdvancedAnnual report
「Alongside beginning construction in Vietnam of a commercial plant for black pellets, a biomass fuel that can replace coal, marketed under the product name "Idemitsu Green Energy Pellet™," the company proceeded to examine the commercialization of CO₂ recycling through the use of synthetic calcium carbonate (carbonate) produced by fixing CO₂ from boiler exhaust gas.」
The structural reform of the coal business and shift to low-carbon solutions progressed to the start of construction of a commercial black pellet plant in Vietnam and examination of the commercialization of CO₂ recycling. - FY2023-Q3AdvancedAnnual report
「The company has decided to sell the Ensham coal mine as part of the structural reform of its coal business, while promoting the commercialization of Idemitsu Green Energy Pellet as an alternative fuel to coal. Following the completion of mining at the Muswellbrook mine in December 2022 and the transfer of the Ensham mine, the only Australian coal mine in which the company holds an interest will be the Bogabray mine.」
The signing of the sale agreement for the Ensham coal mine gave concrete form to the structural reform of concentrating the coal business on the highly competitive Bogabray mine and shifting to alternative fuels such as black pellets and other new businesses. - FY2022AdvancedAnnual report
「The company decided to build a commercial plant in Vietnam for black pellets, a biomass fuel that can replace coal, marketed under the product name "Idemitsu Green Energy Pellet™."」
In the coal mining and low-carbon solutions theme, the company progressed to the decision to build a commercial black pellet plant in Vietnam. - FY2021ReframedAnnual report
「Coal: Scale down mine production and shift to low-carbon solutions businesses (black pellets and ammonia)」
For the coal business, the company clearly stated its plans to scale down mine production and shift to low-carbon solutions such as black pellets and ammonia. It has also begun trial production using remote automated coal mining. - FY2020AdvancedAnnual report
「To strengthen the competitiveness of existing mines in Australia and Indonesia, the company advanced sound management and studies on introducing new technologies, including remotely operated automated coal mining, in preparation for future environmental changes. It also advanced the provision of low-carbon solutions through the development of black pellets, a biomass fuel, and sales of the coal boiler control optimization system, while pursuing initiatives to reduce environmental impact and contribute to local communities, including studies on commercializing solar power generation and pumped-storage hydropower using mine assets.」
Expanded initiatives to make use of assets and reduce carbon emissions, including remote automated coal mining, black pellets, ULTY-V plus, and renewable energy and pumped-storage power generation using mining assets. - FY2019AdvancedAnnual report
「To provide low-carbon solutions, the company is continuing to market “ULTY-V plus,” the coal boiler control optimization system jointly developed by the company, 郵船商事㈱ and Nippon Yusen Kabushiki Kaisha, and has begun producing biomass fuel samples.」
Own-mined coal production declined to 12.5 million tonnes from 13.4 million tonnes in the previous fiscal year, while low-carbon initiatives progressed through continued sales of ULTY-V plus and the start of biomass fuel sample production. - FY2019-Q3RestatedAnnual report
「For coal, the company will continue resource development as a stable and low-cost energy source, while proposing high-efficiency combustion technologies to reduce environmental impact and developing biomass fuels that can increase the co-firing ratio with coal.」
The company has indicated a policy of continuing coal resource development while reducing environmental impact through high-efficiency combustion technologies and biomass fuel development. - FY2018AdvancedAnnual report
「As a result, the company produced 13.4 million tonnes of own-mined coal in Australia and Indonesia combined, the highest level on record. To provide low-carbon solutions, the company, 郵船商事㈱ and Nippon Yusen Kabushiki Kaisha jointly developed the coal boiler control optimization system “ULTY-V plus” and began selling it.」
Own-mined coal production reached an all-time high of 13.4 million tonnes, and progress was also made on joint development and the launch of sales of low-carbon solutions. - FY2017AdvancedAnnual report
「As a result, the company produced approximately 13 million tonnes of own-mined coal in Australia and Indonesia combined, the highest level on record. The company, 郵船商事㈱ and Nippon Yusen Kabushiki Kaisha agreed to jointly market the coal boiler control optimization system “ULTY,” owned by 郵船商事㈱, and jointly develop a new ULTY incorporating the company’s high-efficiency coal combustion technology.」
Own-mined coal production reached an all-time high of approximately 13 million tonnes, and progress was also made on joint marketing of the coal boiler control system and development of a new system. - FY2016First statedAnnual report
「In the coal business, the company will strengthen competitiveness across the entire value chain, including its own mine operations, procurement, logistics and sales.」
The disclosure covers completion of the coal preparation plant and production expansion work at the Bogabrai mine, as well as productivity improvements and cost reductions at all company-owned mines in Australia and Indonesia.