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.
|
|
Tuesday, 25 August 20
INDIA'S IMPORTS FALL AS LOCKDOWNS IMPACT THE POWER AND INDUSTRIAL SECTORS - REPORT
India is the world’s second largest thermal coal consumer and importer, importing an estimated 211 million tonnes of thermal coal in 2019.&nb ...
Monday, 24 August 20
A COMBINATION OF DEVELOPMENTS DROVE THE FALLOFF COAL PRICES - CHIEF ECONOMIST’ OFFICE, AUSTRALIA
China, rising domestic production combined with subdued power demand;
India, a lockdown coupled with government directives that fav ...
Monday, 24 August 20
AUSTRALIA'S THERMAL COAL EXPORTS ARE FORECAST TO DROP FROM AN ESTIMATED $20 BILLION IN 2019-20 TO $16 BILLION IN 2020-21: REPORT
Thermal coal spot prices have fallen sharply as the impact of COVID-19 drives a contraction in seaborne trade for only the second time this century ...
Saturday, 22 August 20
REPORT SEES INDIA’S RELIANCE ON THERMAL POWER DROPPING TO 50% IN 2021, 43% IN 2026 - ET ENERGY | IEEFA
India’s dependence on thermal power will reduce to 50 per cent by 2021-22 and 43 per cent by 2026-27 on the back of renewable energy (RE) cap ...
Friday, 21 August 20
323 MILLION ELECTRIC VEHICLES WILL BE ON THE ROADS BY 2040 - WOOD MACKENZIE
Electric vehicle (EV) sales are expected to reach 45 million units per year by 2040, with a total global EV stock of 323 million, according to new ...
|
|
|
Showing 816 to 820 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Merrill Lynch Commodities Europe
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
- White Energy Company Limited
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Meenaskhi Energy Private Limited - India
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Economic Council, Georgia
- Krishnapatnam Port Company Ltd. - India
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Borneo Indobara - Indonesia
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
|
| |
| |
|
