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Friday, 22 July 22
YANCOAL AUSTRALIA CUTS 2022 COAL OUTPUT VIEW AS FLOODS, COVID BITE - REUTERS
Coal miner Yancoal Australia Ltd YAL.AX cut its 2022 output forecast on Wednesday, signalling a hit from higher-than-expected rainfall, COVID-19-led labour shortages and cost pressures.
This month, torrential rain has pounded New South Wales (NSW) state, where several of Yancoal’s key projects are, forcing thousands of people to evacuate and leaving mining operations in limbo.
It comes at a time when inflation around the world is surging in the aftermath of the Russia-Ukraine crisis and as the company said it needs to revise a longwall mining sequence at its Moolarben project in NSW to preserve an Aboriginal heritage site.
Yancoal, which is subject to a potential takeover by China’s Yankuang Energy 600188.SS, 1171.HK, said it now expects 31-33 million tonnes (Mt) of attributable saleable coal production for the full year, down from an earlier forecast of 35-38 Mt.
It produced 15.5 Mt of attributable saleable coal in the first half, 11% lower than a year earlier.
Still, Yancoal and its peers stand to benefit from supercharged prices of coal due to sanctions on Russia after its invasion of Ukraine and as buyers in Europe look for alternate sources of the commodity.
The company said its average realised price in the first half was $314 per tonne, more than thrice the $94 per tonne it booked a year earlier. Peer Whitehaven Coal WHC.AX on Monday forecast record core earnings for the coming year.
Source: Reuters
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Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
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- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- Riau Bara Harum - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- Oldendorff Carriers - Singapore
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
- Energy Development Corp, Philippines
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- Mjunction Services Limited - India
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Electricity Generating Authority of Thailand
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- Central Electricity Authority - India
- Marubeni Corporation - India
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Australian Coal Association
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Coalindo Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
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