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Thursday, 08 December 16
STABLE OUTLOOK FOR GLOBAL MINING IN 2017 : FITCH
 Fitch Ratings' sector and rating outlooks for the global mining industry in 2017 are both stable, reflecting Fitch's view that prices have bottomed out in most commodity sectors, with stimulus measures supporting growth.
Chinese stimulus measures have supported fixed-asset investment, which in turn has improved prices for most commodities since the start of 2016. For 2017 Fitch expects fixed-asset investment in China to stabilise and forecast fixed investment growth of 4.4% in the same year (2016: 5.7%) which means that prices are unlikely to return to the 4Q15 levels.
In our view, Fitch says, the price trends for individual commodity sub-sectors in 2017 remain mixed. The strongest price outlook is for Nickel and Zinc, reflecting the expected physical supply deficits in these markets. Fitch expects iron ore prices to decline to reflect an oversupplied market, and for coal prices to retreat from current levels as mines reopen and production increases. For copper Fitch Ratings expects a large physical surplus in 2017, and although the majority of this will come on-stream in 1Q17 prices should improve throughout the year.
While most mining companies continue to have weak credit profiles for their current ratings, Fitch says, they see improvement in 2017, as they continue to focus on reducing debt. This will likely result in a revision of a number of Outlooks to Stable from Negative throughout the year.
For 2017, Fitch expects mining companies to mainly focus on operating cost savings, given less capacity for further cut capex. If prices strengthen, Fitch Says, they believe companies may be tempted to increase capex and exploration or restart/pay higher dividends.
Fitch also expect a reversal of the FX and oil price trends seen in the past one to two years.
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Monday, 16 January 17
WHY THE SOLUTION TO INDIA'S ENERGY CHALLENGE LIES IN COAL POWER PLANTS - BENJAMIN SPORTON
India’s huge development and energy challenges mean there are economic and development arguments for investing in new coal power plants for t ...
Friday, 13 January 17
U.S. COAL PRICES TO INCREASE IN 2017 AND IN 2018 - EIA
Coal Supply
EIA estimates that U.S. coal production declined by 158 million short tons (MMst) (18%) in 2016, to 739 MMst, which would be the lowe ...
Friday, 13 January 17
U.S. COAL IMPORTS IN THIRD QUARTER 2016 TOTALED 2.7 MMST, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 13.8 million short ton ...
Thursday, 12 January 17
ASIA: COAL'S FUTURE - BENJAMIN SPORTON
As economies develop and the United Nations’ Sustainable Development Goals (SDGs) are realised, demand for energy will increase as more peopl ...
Wednesday, 11 January 17
MARKET INSIGHT - GEORGE DERMATIS
A new year has dawned upon us and it sure promises to be an exciting one which makes it practically impossible to resist the challenge of making a ...
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- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- McConnell Dowell - Australia
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- White Energy Company Limited
- Tamil Nadu electricity Board
- Australian Coal Association
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- MS Steel International - UAE
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Bhatia International Limited - India
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- Global Coal Blending Company Limited - Australia
- Port Waratah Coal Services - Australia
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
- Petron Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Semirara Mining Corp, Philippines
- Baramulti Group, Indonesia
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Maharashtra Electricity Regulatory Commission - India
- Parliament of New Zealand
- India Bulls Power Limited - India
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
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