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Wednesday, 01 December 21
2022 OUTLOOK: INDONESIAN COAL MINING - FITCH RATINGS
 Fitch Ratings has a neutral outlook on the Indonesian coal sector for 2022.
Earnings generation should slow down as selling prices ease from the highs of 2021, while cash accumulation from 2021 should support adequate rating headroom for most companies.
Fitch expects operating profiles to remain the key driver for most ratings. Capex is likely to remain low as organic growth is still slow. Investments might pick up as some miners may continue to look at diversification away from thermal coal to ease out the rising ESG considerations from various funding sources.
Fitch revised up its 2022 price assumptions for Australia Newcastle 6,000kcal/kg coal in November 2021, followed by an upward revision of our Indonesian 4,200kcal price estimates, based on the sector’s evolving supply and demand dynamics. Most coal producers are on Stable Outlook due to wider rating headroom amid strong earnings forecasts into 2022.
Source: Fitch Ratings
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Sunday, 18 April 21
WORLDSTEEL RAISES 2021 STEEL DEMAND GROWTH FORECAST TO 5.8% - WORLDSTEEL
The World Steel Association (worldsteel) today released its Short Range Outlook (SRO) for 2021 and 2022. worldsteel forecasts that steel demand wil ...
Sunday, 18 April 21
CHINA'S Q1 COAL OUTPUT RISES 16% ON STRONG DEMAND FOR WINTER HEATING - REUTERS
China’s coal output rose 16% in the first quarter from the same period last year, bolstered by strong demand for winter heating and robust in ...
Wednesday, 14 April 21
INDIA HAS A RECORD LEVEL OF STOCKPILED COAL DAMPENING NEED FOR NEW DOMESTIC MINES - IEEFA
Proposed coal mining expansions at odds with excess supply
India has stockpiled a record 132 million tonnes of coal – enough t ...
Wednesday, 14 April 21
BANGLADESH NEEDS A RENEWABLES FOCUS, NOT A SWITCH FROM 'COAL TO GAS' - IEEFA
Renewables are cheaper and more sustainable than gas imports, and can provide better energy security in developing nations
The emerg ...
Wednesday, 14 April 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 1.10 PCT - XINHUA
China Taiyuan coal transaction price index stood at 138.05 points Monday, down 1.10 percent week on week.
The index, released by Chi ...
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- MS Steel International - UAE
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- GMR Energy Limited - India
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Chamber of Mines of South Africa
- Marubeni Corporation - India
- Eastern Coal Council - USA
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Ministry of Transport, Egypt
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Electricity Authority, New Zealand
- Planning Commission, India
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Vizag Seaport Private Limited - India
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- VISA Power Limited - India
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Tata Chemicals Ltd - India
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
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