We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 20 May 15
IRON ORE PRICES TO REMAIN WEAK ON LOW DEMAND, HIGH OUTPUT - FITCH
 Iron ore prices will stay low for several years due to increasing supply, weak demand growth in China and the slower-than-expected closure of high-cost mines, Fitch Ratings says.
We expect market leaders BHP Billiton, Rio Tinto and Vale to continue increasing production in 2015 despite falling prices, as they are also the lowest-cost producers. This is likely to outweigh the impact of any shut-downs among higher-cost producers in the near-term. We also expect annual growth in Chinese crude steel production to slow to around 1% or less in 2015.
These factors are reflected in our recent decision to cut the price assumptions we use for rating purposes. Our iron ore spot price assumptions on a cost and freight basis are now USD50 per tonne in 2015 and 2016, compared to USD65 and USD75 previously. We have also lowered our long-term price assumption to USD70 from USD80.
In the short-term, prices are also likely to remain volatile as markets reassess their expectations for Chinese steel output, the rate at which higher-cost producers are forced to exit the market and a potential slowing of capacity growth among the major iron ore producers.
The rate of shut-downs among higher-cost producers has been slowed by cyclical cost reductions as cost pressures in regions such as Western Australia have fallen. The drop in oil prices has also helped ease pressure on some miners and means that overall companies will stay in the market for longer. Government efforts to support the industry, including a halving of the resource tax on domestic iron ore producers, should also slow the rate of iron ore mine closures in China in 2015.
Other high-cost producers, particularly state-owned companies, are also likely to continue operating despite having costs well over USD50 a tonne. In the fourth-quartile of the cost curve, we expect companies with nearly 100 million tonnes of annual production to continue operating. This will transfer some pressure to miners in the third-quartile, which includes smaller higher cost Australian producers and also companies such as African Minerals and London Mining in West Africa.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 26 May 15
MINING ASSOCIATION PERHAPI PUSHES FOR 35,000 MEGAWATT ELECTRICITY PROGRAM - JG
The Indonesian Mining Professionals Association, or Perhapi, has announced its support for a 35,000-megawatt national electricity program, saying i ...
Tuesday, 26 May 15
FOB INDONESIA COAL SWAP; UP WEEK OVER WEEK
COALspot.com: Indonesian coal swap for delivery Q3 2015 gains week over week and lost month on month, this past week.
The Q3 swap was declined ...
Monday, 25 May 15
FOB NEWCASTLE COAL SWAP Q1'16 CLOSED LOWER THAN Q3'15 CLOSING
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery gained US$ 0.92 per MT (2.07%) month over month and US$ 0.70 week on week. ...
Monday, 25 May 15
CFR SOUTH CHINA COAL SWAP : Q3, Q4'15 & Q1'16 INCREASED M-O-M AND W-O-W
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery up US$ 1.55 (3.09%) per MT month over month and US$ 0.72 (1.41%) pe ...
Sunday, 24 May 15
INDONESIA TO INDIA PANAMAX CHARTER RATES WERE RATING AT AROUND US$ 5500
COALspot.com: The freight market softened in all segments this past week.
The BDI was dropped 7.57 percent week over week and closed at 586 po ...
|
|
|
Showing 3006 to 3010 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PTC India Limited - India
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Planning Commission, India
- Parry Sugars Refinery, India
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Bukit Makmur.PT - Indonesia
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- Australian Coal Association
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Central Electricity Authority - India
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Carbofer General Trading SA - India
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- Bhatia International Limited - India
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
|
| |
| |
|
