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Monday, 13 January 14
INDONESIAN ORE BAN TO HAVE LIMITED IMPACT ON CHINESE ALUMINIUM PRODUCERS, FITCH RATINGS SAYS
COALspot.com: Fitch Ratings says today that Indonesia's ban on exports of unprocessed mineral ore will have limited impact on Chinese aluminium producers in the short-term because they hold bauxite stocks that could last up to a year. These producers have also begun changing aspects of their operations to make them less reliant on Indonesian ore over the longer term.
The ban, which came into effect on 12 January 2014, has halted shipments of unprocessed raw materials, which are mainly bound for China. Indonesia's mining ministry, however, is considering giving producers the flexibility to continue exports of some metals, except nickel and bauxite, until 2017.
About one fifth of China's aluminium is produced using bauxite imports from Indonesia, but Chinese producers have built up bauxite stocks that may be sufficient for up to a year of production. In 2013, bauxite imports into China rose about 80%, while alumina production increased 18%-20%.
Over the longer term, Fitch believes the ban will not have much impact on overall costs for Chinese producers as they have taken steps since the announcement of the Indonesian ban in 2009 to diversify their bauxite import sources. These steps include building new refineries to take in bauxite feeds from countries other than Indonesia; securing resources in Australia, India, Papua New Guinea, among others; and obtaining quotas for export of bauxite in exchange for building refineries and smelters in Indonesia.
There could be a short period between when China's current bauxite stocks are depleted and when the full benefits of the diversification measures are felt when China would have to increase its alumina imports, especially in light of its increasing aluminium production capacity. This could drive up aluminium production costs temporarily, but it is not likely to have a significant impact on global alumina prices as producers forecast world alumina output to be in surplus in 2014.
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Tuesday, 07 January 14
INDONESIA RAISES COAL PRICE THIS MONTH
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia has increased government declared coal bench mark price by US$ 1.59 / MT ...
Tuesday, 07 January 14
NEWCASTLE COAL TERMINAL'S COAL EXPORTS SLIDE TO 3.54 MMT W/E 30 DECEMBER 13
COALspot.com: In the week ended December 30, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 3.54 ...
Tuesday, 07 January 14
US COAL OUTPUT SLIDES 9 PCT WEEK ON WEEK, EIA SAYS
COALspot.com – United States the world’s second largest coal producer, produced approximately 17.8 million short tons (mmst) of coal in ...
Monday, 06 January 14
ARGUS LAUNCHES SPOT CFR EAST COAST INDIA COAL ASSESSMENTS
COALspot.com: Global energy and commodity news and price reporting agency Argus has announced today that, the company has launched CFR coal assessme ...
Monday, 06 January 14
INDONESIAN COAL SWAPS SLIDE TO $ 61.25 FOR Q4' 14 DELIVERY
COALspot.com – Sub-Bit Indonesia coal swap (FOB) for average Q1’ 14 delivery lost $ 0.32 pmt month on month on Friday 3 January 2014. Th ...
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- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- White Energy Company Limited
- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Kartika Selabumi Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- Aditya Birla Group - India
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- The University of Queensland
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- The Treasury - Australian Government
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- Independent Power Producers Association of India
- San Jose City I Power Corp, Philippines
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
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