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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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Tuesday, 04 October 22
INDONESIAN COAL PRICE REFERENCE SURGE AGAIN TO RECORD HIGH
COALspot.com: Indonesian Coal Price Reference reached another record high in October as Russia's war in Ukraine continues to spark a surge in c ...
Sunday, 02 October 22
MISC STRENGTHENS ITS PARTNERSHIP WITH SEARIVER MARITIME
MISC Berhad (MISC) today announced that its subsidiaries Polaris LNG Three Pte. Ltd. and Polaris LNG Four Pte. Ltd. have secured long-term time cha ...
Thursday, 29 September 22
MARKET INSIGHT - INTERMODAL
This week, focus turns to the 38th APPEC Conference, where leading professionals from the global oil industry will discuss the future key drivers o ...
Thursday, 29 September 22
HIGH COAL PRICES REMAIN A CONCERN FOR DOMESTIC NON-FERROUS METAL COMPANIES - ICRA
According to ICRA on Monday, the high price of coal will have a negative effect on the profitability of domestic non-ferrous metal companies that m ...
Tuesday, 27 September 22
14% INCREASE IN EUROPEAN COAL DEMAND TO BE SHORT-TERM TREND - WOOD MACKENZIE
European seaborne thermal coal demand is projected to increase 14% or 12 million metric tonnes (Mt) this year to 98 Mt as it grapples with the curr ...
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- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- ASAPP Information Group - India
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- Deloitte Consulting - India
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Miang Besar Coal Terminal - Indonesia
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Planning Commission, India
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Oldendorff Carriers - Singapore
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- PTC India Limited - India
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Salva Resources Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- Energy Link Ltd, New Zealand
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
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