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Saturday, 27 February 21
MITSUBISHI PULLS OUT OF VINH TAN 3 COAL PROJECT IN VIETNAM - NIKKEI ASIA
Japanese trading house Mitsubishi Corp. decided Thursday to withdraw from the Vinh Tan 3 coal-fired power plant project in Vietnam amid growing international concern about climate change, Nikkei has learned.
The project is separate from the Vung Ang 2 coal power plant, which the governments of Japan and Vietnam are pursuing together. Environmental activist Greta Thunberg has called for the cancellation of Vung Ang 2.
Vinh Tan 3, planned for Binh Thuan Province in southern Vietnam, is scheduled to come online in 2024. The 2-gigawatt plant is expected to feature cutting-edge ultra-supercritical technology.
OneEnergy, a joint venture of Mitsubishi and Hong Kong’s CLP group, holds a 49% interest in the $2 billion project. State-owned Electricity of Vietnam owns another 29%. Chinese companies are handling materials procurement, construction and equipment delivery. The banking consortium behind Vinh Tan 3 includes Industrial and Commercial Bank of China. Standard Chartered and HSBC have pulled financing from the power plant.
Unlike Vung Ang 2, Vinh Tan 3 is not a national project, and the start date for construction has already been delayed, making it easier to bow out.
This marks Mitsubishi’s first time withdrawing from a coal plant project. The trading house has said it will not build any new facilities of this type after Vung Ang 2. It plans to contribute to development on power projects that are less harmful to the environment, including liquefied natural gas and renewables such as solar.
Source: Nikkei Asia
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Saturday, 27 February 21
CHINA'S BENCHMARK POWER COAL PRICE EDGES DOWN - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
Saturday, 27 February 21
FITCH RATINGS REVISES GLOBAL METALS AND MINING PRICE ASSUMPTIONS
Fitch Ratings has revised some of its metals and mining price assumptions as prices for many commodities will benefit in the short term from return ...
Thursday, 25 February 21
ARE WE ON THE CUSP OF ANOTHER MINING SUPER-CYCLE? - WOOD MACKENZIE
As the first wave of the coronavirus pandemic began to bite, many observers confidently predicted that the end was nigh for global economic activit ...
Thursday, 25 February 21
2020 PROVED TO BE A TRULY TERRIBLE YEAR FOR SEABORNE COAL TRADE - BANCHERO COSTA
Total loadings in the 12 months of 2020 were down -12.7% year-on-year to 1,130 million tonnes, according to vessels tracking data from Refinitiv, s ...
Wednesday, 24 February 21
MARKET INSIGHT - INTERMODAL
With yields of up to 563%, the shares of Greek shipping companies listed on Wall Street are recorded. The Coronavirus pandemic has not significantl ...
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- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ICICI Bank Limited - India
- Madhucon Powers Ltd - India
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- White Energy Company Limited
- The University of Queensland
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Ambuja Cements Ltd - India
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Planning Commission, India
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Karaikal Port Pvt Ltd - India
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