COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 04 December 19
FITCH RATINGS: CASH FLOW GENERATION TO SLOW DOWN FOR INDONESIAN COAL MINERS
FITCH RATINGSFitch Ratings' negative outlook on the Indonesian coal-mining sector reflects our view of weaker cash flow generation on account of declining coal prices. Fitch has revised down its mid-cycle coal-price assumptions, and expects USD80 and USD73 for Qinghuangdao 5,500kcal/kg and Australia Newcastle 6,000kcal/kg thermal coal, respectively, in 2020 (2019E: USD86 and USD77). We expect capex intensity to remain low for the sector; however, acquisitions might pick up in 2020, leading to higher leverage. Profitability is also likely to remain low, in light of weaker coal prices.
 
Fitch's stable rating outlook reflects the outlook for the majority of our rated entities: PT ABM Investama Tbk (B+) and Geo Energy Resources Limited (B-) are on Negative Outlook, reflecting the entity-specific weaknesses which could be stretched further in the weaker-coal-price scenario.
 
According to Fitch Ratings, the impact of lower profitability on credit metrics would be partially offset by volume ramp-up by some entities, such as PT Golden Energy Mines Tbk (B+/Stable) and PT Bayan Resources Tbk (BB-/Stable), where both have adequate reserve lives similar to other bigger players such as PT Adaro Energy (BBB-/Stable) and PT Indika Energy Tbk (BB-/Stable). We expect declining reserves to remain an issue for Geo Energy, which might also trigger a put option of its bonds in the absence of any acquisition. ABM's reserve quality is also deteriorating as reserves from its key mine are likely to fully deplete in the next two to three years.
 
Fitch Ratings further noted that, regulatory risks remain a potential disrupting factor in Indonesia, but Fitch considers any major changes to regulation as an event risk. We believe the two rated coal-miners - Adaro and Indika - which have their Coal Contracts of Work (CCoW) expiring in 2022 and 2023, respectively, will be able to satisfy the conversion guidelines.


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 23 May 23
INDIA: COAL OUTPUT UP 8.9%, SUPPLY RISES 11.7% IN APRIL - FINANCIAL EXPRESS
India’s coal production jumped 8.85% to 73.14 million tonne (MT) in April 2023 and the total coal despatch during the month went up 11.66% to ...


Tuesday, 23 May 23
CHINA COAL OUTPUT UP 4.5 PCT IN APRIL - XINHUA
China’s raw coal output posted stable expansion in April, official data showed.   The country produced 380 million tonnes of raw ...


Saturday, 20 May 23
NON-OPEC OIL SUPPLY DEVELOPMENT - OPEC
In 2022, non-OPEC supply is estimated to have increased by 1.9 mb/d y-o-y. Out of this, US liquids production increased by 1.2 mb/d, mainly on the ...


Saturday, 20 May 23
GLOBAL COAL TRADE HAS REALLY PICKED UP PACE IN RECENT MONTHS, NOW FULLY BACK TO PRE-COVID LEVELS - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels. In Jan-Apr 2023, total global seaborne coa ...


Saturday, 20 May 23
MARKET INSIGHT - INTERMODAL
India is one of the world's largest coal producers and one of the world's largest importers of coal. The country uses coal mainly for power ...


   19 20 21 22 23   
Showing 101 to 105 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Minerals Council of Australia
  • IEA Clean Coal Centre - UK
  • The University of Queensland
  • ANZ Bank - Australia
  • UBS Singapore
  • Ceylon Electricity Board - Sri Lanka
  • Sucofindo - Indonesia
  • Planning Commission, India
  • Rashtriya Ispat Nigam Limited - India
  • Asian Development Bank
  • Global Coal Blending Company Limited - Australia
  • Pendopo Energi Batubara - Indonesia
  • Samtan Co., Ltd - South Korea
  • Iligan Light & Power Inc, Philippines
  • Maersk Broker
  • TNB Fuel Sdn Bhd - Malaysia
  • SN Aboitiz Power Inc, Philippines
  • McKinsey & Co - India
  • Carbofer General Trading SA - India
  • Kobe Steel Ltd - Japan
  • Thiess Contractors Indonesia
  • Semirara Mining Corp, Philippines
  • Parliament of New Zealand
  • ING Bank NV - Singapore
  • Edison Trading Spa - Italy
  • Maruti Cements - India
  • Romanian Commodities Exchange
  • Central Java Power - Indonesia
  • Pinang Coal Indonesia
  • Sakthi Sugars Limited - India
  • RBS Sempra - UK
  • Asmin Koalindo Tuhup - Indonesia
  • Lanco Infratech Ltd - India
  • Core Mineral Indonesia
  • Indonesia Power. PT
  • Noble Europe Ltd - UK
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Bayan Resources Tbk. - Indonesia
  • Bukit Makmur.PT - Indonesia
  • SASOL - South Africa
  • OPG Power Generation Pvt Ltd - India
  • Energy Development Corp, Philippines
  • IMC Shipping - Singapore
  • Coaltrans Conferences
  • NALCO India
  • San Jose City I Power Corp, Philippines
  • Ministry of Transport, Egypt
  • South Luzon Thermal Energy Corporation
  • JPower - Japan
  • Ernst & Young Pvt. Ltd.
  • ETA - Dubai
  • Bukit Asam (Persero) Tbk - Indonesia
  • Tamil Nadu electricity Board
  • Toyota Tsusho Corporation, Japan
  • Indonesian Coal Mining Association
  • Merrill Lynch Bank
  • AsiaOL BioFuels Corp., Philippines
  • CCIC - Indonesia
  • CoalTek, United States
  • Petron Corporation, Philippines
  • Meenaskhi Energy Private Limited - India
  • World Coal - UK
  • Ministry of Mines - Canada
  • World Bank
  • Mitsubishi Corporation
  • Total Coal South Africa
  • Bahari Cakrawala Sebuku - Indonesia
  • Jatenergy - Australia
  • globalCOAL - UK
  • Gujarat Mineral Development Corp Ltd - India
  • Altura Mining Limited, Indonesia
  • Medco Energi Mining Internasional
  • Asia Cement - Taiwan
  • Xindia Steels Limited - India
  • Peabody Energy - USA
  • Tata Chemicals Ltd - India
  • Borneo Indobara - Indonesia
  • Madhucon Powers Ltd - India
  • Bhatia International Limited - India
  • Alfred C Toepfer International GmbH - Germany
  • Mjunction Services Limited - India
  • Ince & co LLP
  • Gupta Coal India Ltd
  • Malabar Cements Ltd - India
  • Attock Cement Pakistan Limited
  • Maharashtra Electricity Regulatory Commission - India
  • Reliance Power - India
  • Manunggal Multi Energi - Indonesia
  • The Treasury - Australian Government
  • U S Energy Resources
  • Mercator Lines Limited - India
  • Wood Mackenzie - Singapore
  • Vale Mozambique
  • Karaikal Port Pvt Ltd - India
  • UOB Asia (HK) Ltd
  • ASAPP Information Group - India
  • Chamber of Mines of South Africa
  • TRAFIGURA, South Korea
  • New Zealand Coal & Carbon
  • Port Waratah Coal Services - Australia
  • Ind-Barath Power Infra Limited - India
  • CNBM International Corporation - China
  • Riau Bara Harum - Indonesia
  • Singapore Mercantile Exchange
  • Russian Coal LLC
  • SMC Global Power, Philippines
  • Jorong Barutama Greston.PT - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • IOL Indonesia
  • ICICI Bank Limited - India
  • Gresik Semen - Indonesia
  • GHCL Limited - India
  • KOWEPO - South Korea
  • Siam City Cement PLC, Thailand
  • J M Baxi & Co - India
  • Mintek Dendrill Indonesia
  • Economic Council, Georgia
  • Sojitz Corporation - Japan
  • DBS Bank - Singapore
  • White Energy Company Limited
  • Moodys - Singapore
  • Indogreen Group - Indonesia
  • Samsung - South Korea
  • Coastal Gujarat Power Limited - India
  • Inco-Indonesia
  • bp singapore
  • Sindya Power Generating Company Private Ltd
  • PLN Batubara - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Platou - Singapore
  • Georgia Ports Authority, United States
  • Clarksons - UK
  • Coal and Oil Company - UAE
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Straits Asia Resources Limited - Singapore
  • Arutmin Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Aboitiz Power Corporation - Philippines
  • Electricity Generating Authority of Thailand
  • Malco - India
  • ACC Limited - India
  • Latin American Coal - Colombia
  • Maybank - Singapore
  • Indo Tambangraya Megah - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Binh Thuan Hamico - Vietnam
  • Thailand Anthracite
  • Cigading International Bulk Terminal - Indonesia
  • SGS (Thailand) Limited
  • Metalloyd Limited - United Kingdom
  • Bulk Trading Sa - Switzerland
  • EMO - The Netherlands
  • Essar Steel Hazira Ltd - India
  • TeaM Sual Corporation - Philippines
  • Kalimantan Lumbung Energi - Indonesia
  • Credit Suisse - India
  • Posco Energy - South Korea
  • Mitsui
  • Arch Coal - USA
  • Tanito Harum - Indonesia
  • LBH Netherlands Bv - Netherlands
  • Bank of China, Malaysia
  • Indian Energy Exchange, India
  • Argus Media - Singapore
  • The State Trading Corporation of India Ltd
  • International Coal Ventures Pvt Ltd - India
  • Kartika Selabumi Mining - Indonesia
  • Enel Italy
  • PetroVietnam Power Coal Import and Supply Company
  • Indian Oil Corporation Limited
  • Humpuss - Indonesia
  • Price Waterhouse Coopers - Russia
  • Indian School of Mines
  • Semirara Mining and Power Corporation, Philippines
  • Jaiprakash Power Ventures ltd
  • Formosa Plastics Group - Taiwan
  • Jindal Steel & Power Ltd - India
  • Thriveni
  • Petrosea - Indonesia
  • Eastern Coal Council - USA
  • PetroVietnam
  • OCBC - Singapore
  • Trasteel International SA, Italy
  • CIMB Investment Bank - Malaysia
  • Baramulti Group, Indonesia
  • Deloitte Consulting - India
  • Independent Power Producers Association of India
  • Indorama - Singapore
  • Bhushan Steel Limited - India
  • Britmindo - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Larsen & Toubro Limited - India
  • Meralco Power Generation, Philippines
  • PTC India Limited - India
  • TANGEDCO India
  • McConnell Dowell - Australia
  • Ministry of Finance - Indonesia
  • IBC Asia (S) Pte Ltd
  • Energy Link Ltd, New Zealand
  • Tata Power - India
  • Antam Resourcindo - Indonesia
  • NTPC Limited - India
  • Videocon Industries ltd - India
  • Rudhra Energy - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • MEC Coal - Indonesia
  • Commonwealth Bank - Australia
  • Mechel - Russia
  • Cemex - Philippines
  • Power Finance Corporation Ltd., India
  • Mitra SK Pvt Ltd - India
  • IHS Mccloskey Coal Group - USA
  • Cardiff University - UK
  • Renaissance Capital - South Africa
  • PowerSource Philippines DevCo
  • CESC Limited - India
  • Interocean Group of Companies - India
  • Vedanta Resources Plc - India
  • Deutsche Bank - India
  • GN Power Mariveles Coal Plant, Philippines
  • Kaltim Prima Coal - Indonesia
  • HSBC - Hong Kong
  • Berau Coal - Indonesia
  • Lafarge - France
  • Leighton Contractors Pty Ltd - Australia
  • Surastha Cement
  • Glencore India Pvt. Ltd
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Star Paper Mills Limited - India
  • JPMorgan - India
  • Heidelberg Cement - Germany
  • Bhoruka Overseas - Indonesia
  • Bank of America
  • GAC Shipping (India) Pvt Ltd
  • Fearnleys - India
  • Parry Sugars Refinery, India
  • GMR Energy Limited - India
  • TNPL - India
  • Siam City Cement - Thailand
  • Thermax Limited - India
  • Miang Besar Coal Terminal - Indonesia
  • Geoservices-GeoAssay Lab
  • India Bulls Power Limited - India
  • Krishnapatnam Port Company Ltd. - India
  • Sinarmas Energy and Mining - Indonesia
  • Orica Mining Services - Indonesia
  • WorleyParsons
  • Cosco
  • Rio Tinto Coal - Australia
  • Japan Coal Energy Center
  • Orica Australia Pty. Ltd.
  • Vitol - Bahrain
  • Aditya Birla Group - India
  • Thomson Reuters GRC
  • Mercuria Energy - Indonesia
  • Directorate Of Revenue Intelligence - India
  • Sree Jayajothi Cements Limited - India
  • GB Group - China
  • Grasim Industreis Ltd - India
  • Runge Indonesia
  • Dalmia Cement Bharat India
  • Eastern Energy - Thailand
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • EIA - United States
  • Bangladesh Power Developement Board
  • Coal Orbis AG
  • The India Cements Ltd
  • Shenhua Group - China
  • Intertek Mineral Services - Indonesia
  • BRS Brokers - Singapore
  • GNFC Limited - India
  • Simpson Spence & Young - Indonesia
  • Gujarat Sidhee Cement - India
  • Merrill Lynch Commodities Europe
  • Kideco Jaya Agung - Indonesia
  • BNP Paribas - Singapore
  • Qatrana Cement - Jordan
  • European Bulk Services B.V. - Netherlands
  • Coalindo Energy - Indonesia
  • TGV SRAAC LIMITED, India
  • London Commodity Brokers - England
  • Shree Cement - India
  • Global Business Power Corporation, Philippines
  • Inspectorate - India
  • Therma Luzon, Inc, Philippines
  • Kobexindo Tractors - Indoneisa
  • Goldman Sachs - Singapore
  • Africa Commodities Group - South Africa
  • MS Steel International - UAE
  • Maheswari Brothers Coal Limited - India
  • Bharathi Cement Corporation - India
  • Platts
  • Kapuas Tunggal Persada - Indonesia
  • Freeport Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Petrochimia International Co. Ltd.- Taiwan
  • Globalindo Alam Lestari - Indonesia
  • Kepco SPC Power Corporation, Philippines
  • Cebu Energy, Philippines
  • Barclays Capital - USA
  • Uttam Galva Steels Limited - India
  • Chettinad Cement Corporation Ltd - India
  • Indika Energy - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Karbindo Abesyapradhi - Indoneisa
  • Wilmar Investment Holdings
  • Agrawal Coal Company - India
  • Marubeni Corporation - India
  • Central Electricity Authority - India
  • SRK Consulting
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Neyveli Lignite Corporation Ltd, - India
  • APGENCO India
  • Savvy Resources Ltd - HongKong
  • Pipit Mutiara Jaya. PT, Indonesia
  • Permata Bank - Indonesia
  • Banpu Public Company Limited - Thailand
  • Billiton Holdings Pty Ltd - Australia
  • Kumho Petrochemical, South Korea
  • PLN - Indonesia
  • SUEK AG - Indonesia
  • Panama Canal Authority
  • Salva Resources Pvt Ltd - India
  • Xstrata Coal
  • Adaro Indonesia
  • Idemitsu - Japan
  • GVK Power & Infra Limited - India
  • Ambuja Cements Ltd - India
  • SMG Consultants - Indonesia
  • Infraline Energy - India
  • KPMG - USA
  • Coeclerici Indonesia
  • Standard Chartered Bank - UAE
  • Makarim & Taira - Indonesia
  • VISA Power Limited - India
  • Oldendorff Carriers - Singapore
  • Global Green Power PLC Corporation, Philippines
  • Anglo American - United Kingdom
  • Australian Coal Association
  • Adani Power Ltd - India
  • Cement Manufacturers Association - India
  • Cargill India Pvt Ltd
  • Sical Logistics Limited - India
  • Electricity Authority, New Zealand
  • Barasentosa Lestari - Indonesia
  • Thai Mozambique Logistica
  • Sarangani Energy Corporation, Philippines
  • KEPCO - South Korea
  • Bangkok Bank PCL
  • KPCL - India
  • Australian Commodity Traders Exchange
  • Coal India Limited
  • Vizag Seaport Private Limited - India
  • PNOC Exploration Corporation - Philippines