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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, 30 June 22
WHY ARE LNG SHIPPING STOCKS RESILIENT? - DREWRY
LNG shipping stocks are proving resilient despite uncertainties about growth in global GDP, high inflation and the ongoing geopolitical crisis caus ...
Thursday, 30 June 22
SPOT AUSTRALIAN THERMAL COAL HAS SURGED, BUT CONTRACT PRICE IS KEY - REUTERS
The spot price of Australian thermal coal is higher than that of coking coal, an unprecedented situation that highlights just how the global market ...
Thursday, 30 June 22
SHANXI PROVINCE RAISES ANNUAL COAL OUTPUT TO 1.3 BILLION TONS TO ENSURE CHINA’S ENERGY SUPPLY - GLOBAL TIMES
North China’s Shanxi Province, a major coal-producing region, recently announced a move to increase its annual coal production output by 107 ...
Thursday, 30 June 22
DIVERGENCE BETWEEN HIGH- AND LOW-GRADE THERMAL COAL PRICES IN APAC TO NARROW - FITCH RATINGS
Prices between high- and low-grade thermal coal in Asia-Pacific (APAC) have diverged since late March 2022, but Fitch Ratings expects the gap to na ...
Thursday, 30 June 22
INVESTMENT IN GLOBAL COAL SUPPLY CHAIN TO HIT $115 BN IN 2022, LED BY CHINA AND INDIA - BUSINESS LINE
At over $80 billion, China and India are anticipated to make up the bulk of global coal investment in 2022, says IEA.
The investment ...
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- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Thai Mozambique Logistica
- Asmin Koalindo Tuhup - Indonesia
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Economic Council, Georgia
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- SMC Global Power, Philippines
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Mercator Lines Limited - India
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Australian Coal Association
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Sindya Power Generating Company Private Ltd
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
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