We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 20 August 20
MINER BHP CONFIRMS PLANS TO EXIT THERMAL COAL SECTOR - THE SYDNEY MORNING HERALD
 The head of mining giant BHP has laid out plans for a reshaping of its global operations by seeking to quit thermal coal mining, offload some coking coal mines and reduce its stake in oil and gas.
Repositioning the company for a lower-carbon future, BHP chief executive Mike Henry on Tuesday confirmed it was examining options to divest from its Mt Arthur mine in NSW and the Cerrejon project in Colombia, both of which mine thermal coal – the kind used in power stations. Mr. Henry surprised investors by adding that BHP also intended to exit the BHP-Mitsui Coal joint venture, which mines coking coal – used in steelmaking – in Queensland, and would also seek to find a buyer for its 50 per cent holding in the Gippsland Basin oil and gas fields off Victoria’s coast.
The announcements were made as BHP, the world’s biggest miner, revealed an underlying profit of $US9.1 billion ($12.6 billion) for the financial year on the back of sky-high prices for iron ore. But the profit fell short of analysts’ expectations of $US9.4 billion.
Thermal coal is the world’s most carbon-intensive energy source and the focus of rising investor pressure amid concerns surrounding its contribution to global warming. Rio Tinto, the nation’s second-largest miner, has already removed all exposure to thermal coal.
Mr Henry said BHP would seek to exit the thermal and coking coal assets through either a demerger or a trade sale, while retaining its holdings in higher-quality coking coal mines. BHP would seek to grow its exposure to “future-facing” commodities, primarily copper and nickel – ingredients Mr Henry said would be increasingly required in the manufacture of green-energy technologies.
BHP’s top earner, iron ore, accounted for 66 per cent of its full-year earnings. The price of the commodity has defied predictions it is overdue for a fall and has recently surged above $US120 a tonne amid robust demand from Chinese steel mills and softer output from other exporters such as Brazil’s Vale, which has faced COVID-19 disruptions. Elevated prices of iron ore, Australia’s most valuable export, have also provided a boost to the federal budget.
-The Sydney Morning Herald | Nick Toscano -
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 27 August 20
BANGLADESH POWER MINISTRY SEEKING AUTHORITY TO CANCEL 13,000 MW OF PROPOSED COAL-FIRED CAPACITY - BUSINESS STANDARD
In a bid to move away from dirty energy, the Ministry of Power, Energy and Mineral Resources is seeking the prime minister’s approval to conv ...
Wednesday, 26 August 20
ASIAN COAL PRICES LIKELY TO REMAIN DEPRESSED SAY TRADERS, ANALYSTS - REUTERS
Asian coal prices, which have fallen around 25% this year as power demand slumped due to the coronavirus outbreak, are unlikely to move higher befo ...
Wednesday, 26 August 20
WORLD COAL EXPORTS: INDONESIAN THERMAL COAL EXPORTS HAVE COME UNDER PRESSURE AS THERMAL COAL PRICES WEAKEN - REPORT
Indonesia’s exports to decline sharply from record highs
Indonesia is the world’s largest thermal coal exporter, sellin ...
Wednesday, 26 August 20
JAPAN'S COAL IMPORTS ARE BEING AFFECTED BY COMPETING INFLUENCES - REPORT
Japan is the world’s third largest thermal coal importer, importing an estimated 135 million tonnes of thermal coal in 2019. The country&rsqu ...
Wednesday, 26 August 20
PENDING SOUTH KOREA LEGISLATION COULD FORCE HALT TO COUNTRY’S COAL PLANT EXPORT DEALS - KOREA ECONOMIC DAILY
South Korea’s parliament looks set to pass new legislation to ban financing on foreign coal power projects, putting all overseas coal-fired p ...
|
|
|
Showing 811 to 815 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- White Energy Company Limited
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Therma Luzon, Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- Bhatia International Limited - India
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- South Luzon Thermal Energy Corporation
- Lanco Infratech Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- Australian Coal Association
- PTC India Limited - India
- Pendopo Energi Batubara - Indonesia
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- Parliament of New Zealand
|
| |
| |
|
