We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 14 April 16
AUSTRALIAN MINING SERVICES SECTOR SQUEEZED BY MINERS' COST CUTS - FITCH RATINGS
 Fitch Ratings says mining services companies' revenues and margins will remain under pressure as miners continue to focus on reducing costs amid lower commodity prices.
Mining companies continue to move operations in-house, renegotiate service contracts to reduce value or scope, extend payment terms and limit further exploration as they seek to minimise costs and restore profitability. This directly impacts the work contracted to mining services companies, either squeezing margins, delaying cash inflows or reducing the pipeline of work available.
The decision last week by Fortescue Metals Group Limited not to renew its contract with Downer EDI Limited, as its moves to an owner-operator model at its Christmas Creek mines, highlights this trend. Fortescue had also reduced the scope of the contract in February 2015. In addition, Rio Tinto Ltd announced last week that it was extending its supplier payment terms to 90 days from 45 days for contracts greater than USD3m, and to 60 days for contracts under this threshold. Other solutions over the past year include Atlas Iron announcing a profit sharing arrangement linked to iron ore prices with its contractors to address the impact of price volatility on its returns.
Fitch expects mining service companies with limited operations outside the resources sector to be more affected by the mining companies' actions because they have fewer opportunities to replace lost revenues. Fitch downgraded Emeco Holding Limited's Issuer Default Rating by two notches to 'B-' in September 2015, which reflected the impact of the prolonged weakness in global commodity markets on its profitability, cash flows and scale. The recent insolvencies of Civil Australia Holdings and WDS Ltd. continue to highlight the increasing challenges smaller mining service companies face in this new environment.
Larger and more diversified engineering firms, such as Downer, are likely to be less affected by the miners' actions. Their exposure to other sectors, including infrastructure and civil sectors, allows them to mitigate any loss of mining services revenue.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 07 April 15
Q3 FOB RICHARDS BAY COAL SWAP CLOSED AT $ 55.96 PMT; DOWN 8.40% M-M
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q2' 2015 declined month over month and week on week.
The Q2 swap has declined U ...
Monday, 06 April 15
INDONESIA'S HBA FIXED AT US$ 64.48 PMT FOR APRIL DELIVERY; DOWN 4.84% M-M
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down Indonesian coal benchmark prices to US$ 64.48 per MT in Apr ...
Monday, 06 April 15
FOB NEWCASTLE COAL SWAP DECLINED 12% MONTH OVER MONTH
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery declined US$ 6.23 per MT (-12%) month over month and US$ 0.86 (-1.85%) week ...
Monday, 06 April 15
CFR SOUTH CHINA COAL SWAP FALL CONTINUES
COALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery declined US$ 5.96 (-10.37%) per MT month over month and US$ 0.98 (- ...
Sunday, 05 April 15
FREIGHT RATES UNDER PRESSURE WEEK OVER WEEK
COALspot.com: The Indices fell on all segments and the market seemed to soften this week.
The BDI was almost lost 1.34% week over week and clo ...
|
|
|
Showing 3086 to 3090 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- White Energy Company Limited
- Electricity Authority, New Zealand
- Economic Council, Georgia
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Australian Coal Association
- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Videocon Industries ltd - India
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Antam Resourcindo - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Tata Chemicals Ltd - India
- European Bulk Services B.V. - Netherlands
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- Carbofer General Trading SA - India
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- Bulk Trading Sa - Switzerland
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- VISA Power Limited - India
|
| |
| |
|
