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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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Wednesday, 13 October 21
FBX INDEX: THE IMPOSSIBILITY OF SHORT-TERM FORECASTING - LARS JENSEN
Will freight rates on Asia-Europe or the Transpacific reach 40.000 USD/FFE in the run-up prior to Chinese New Year 2022? Or will they start droppin ...
Wednesday, 13 October 21
CHINA FLOODS: COAL PRICE HITS FRESH HIGH AS MINES SHUT - BBC
The price of coal used in China’s power plants has surged to a new record high as another of the country’s key mining regions is hit by ...
Tuesday, 12 October 21
BUMA SIGNS CONDITIONAL AGREEMENT FOR AUSTRALIAN ASSET ACQUISITION
PT Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama, through its newly incorporated Australian subsidiary, BUMA International Pty ...
Tuesday, 12 October 21
INDONESIA'S COAL-BASED POWER PLANTS ARE SUBJECT TO CARBON TAX NEXT YEAR, ELECTRICITY COSTS COULD RISE! - CNBC
The Indonesian government is planning plans to implement a carbon tax of IDR 30 per kilogram (kg) of carbon dioxide equivalent (CO2e) or equivalent ...
Monday, 11 October 21
COAL ABANDONMENT IN POWER GENERATION PROMOTED GAS DEMAND GROWTH IN EUROPE - TOP MANAGER: TASS
Accelerated abandonment of coal in power generation and the overall recovery of economic activity facilitated gas demand growth in Europe and led t ...
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- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- MS Steel International - UAE
- Chamber of Mines of South Africa
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- Parliament of New Zealand
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Economic Council, Georgia
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
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