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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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Thursday, 15 July 21
U.S. FOSSIL FUEL CONSUMPTION FELL BY 9% IN 2020, THE LOWEST LEVEL IN NEARLY 30 YEARS - EIA
U.S. fossil fuel consumption fell by 9% in 2020, the lowest level in nearly 30 years
In 2020, total consumption of fossil fuels in t ...
Thursday, 15 July 21
IN 2020, U.S. COAL PRODUCTION FELL TO ITS LOWEST LEVEL SINCE 1965 - EIA
U.S. coal production totaled 535 million short tons (MMst) in 2020, a 24% decrease from the 706 MMst mined in 2019 and the lowest level of coal pro ...
Wednesday, 14 July 21
MARKET INSIGHT - INTERMODAL
In its latest Global Economic Prospects report, the world bank recorded the strongest post-recession global growth in 80 years, but emerging and de ...
Tuesday, 13 July 21
JAPAN STILL SEEKING TO EXPLOIT COAL POWER LOOPHOLES - IEEFA
JBIC wants to continue burdening developing nations with its expensive coal-fired power technology
Japan is continuing to push its expensive c ...
Sunday, 11 July 21
COAL SHOWS ITS STAYING POWER AS ECONOMIES BOUNCE BACK - THE WALL STREET JOURNAL
Coal use is surging in some of the world’s largest economies as electricity demand rebounds from the pandemic, illustrating the challenges to ...
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- Leighton Contractors Pty Ltd - Australia
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Marubeni Corporation - India
- Commonwealth Bank - Australia
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Economic Council, Georgia
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Chettinad Cement Corporation Ltd - India
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Simpson Spence & Young - Indonesia
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