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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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Sunday, 16 April 23
CHINA JUGGLES FOUR MAJOR ECONOMIC CHANGES IN 2023 - WOOD MACKENZIE
Change is afoot in China. Economic growth is slowing, while rising political tensions between China and the US, coupled with global supply chain re ...
Sunday, 16 April 23
CHINA'S MARCH COAL IMPORTS JUMP TO 3-YEAR HIGH - REUTERS
China’s coal imports surged in March to their highest in any month over the past three years as utilities increased purchases on expectations ...
Sunday, 16 April 23
OPEC KEEPS WORLD OIL DEMAND GROWTH OUTLOOK UNCHANGED
The OPEC Reference Basket (ORB) declined in March by $3.43, or 4.2%, m-o-m to average $78.45/b. The ICE Brent first-month contract fell by $4.33, o ...
Sunday, 16 April 23
CHEAPER SPOT LNG PRICES TEMPT SOME ASIAN BUYERS AMID SUPPLY GAINS - REUTERS
Cheaper spot prices for liquefied natural gas (LNG) are luring price-sensitive buyers back in Asia, with China and India recording rising imports i ...
Tuesday, 11 April 23
COAL USE CLIMBS WORLDWIDE DESPITE PROMISES TO SLASH IT - AAP
The burning of coal for electricity, cement, steel and other uses went up in 2022 despite global promises to phase down the fuel that is the bigges ...
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- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Economic Council, Georgia
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Global Business Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- Karaikal Port Pvt Ltd - India
- Indogreen Group - Indonesia
- SMG Consultants - Indonesia
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Medco Energi Mining Internasional
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Australian Coal Association
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Attock Cement Pakistan Limited
- ICICI Bank Limited - India
- Aditya Birla Group - India
- VISA Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- The University of Queensland
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Parliament of New Zealand
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
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