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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, 05 October 21
CAPESIZE MARKET WAS IN A STEEP CLIMB FOR MOST OF THIS WEEK - BALTIC EXCHANGE
Capesize
The Capesize market was in a steep climb for most of this week as it reached a pinnacle of $74,786 Wednesday before stalling, regather ...
Wednesday, 29 September 21
THE WRITING IS ON THE WALL: AUSTRALIA’S COAL ERA IS OVER - YAHOO!FINANCE
As the fringe of Australian politics strives to pump up the coal industry, facts show that coal production has started its long run decline.
&n ...
Wednesday, 29 September 21
SURGING COAL PRICES SPLIT ASIAN BUYERS INTO RICH AND POOR - REUTERS
As seaborne coal in Asia trades at, or near, record highs, there are early signs of demand destruction, especially among price-sensitive buyers suc ...
Wednesday, 29 September 21
MARKET INSIGHT - INTERMODAL
Tanker Asset values have surprised to the upside, despite the downward pressure on the freight market. Tanker rates have been hovering close to the ...
Tuesday, 28 September 21
THE MAIDEN EDITION OF DIVE TECHNOLOGY SUMMIT 2021 CONCLUDES SUCCESSFULLY
Press Release: DIVE TECHNOLOGY SUMMIT 2021, a one-day conference on the recent technological advancements in the Industrial Diving industry conclud ...
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- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- South Luzon Thermal Energy Corporation
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- VISA Power Limited - India
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Sakthi Sugars Limited - India
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Romanian Commodities Exchange
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- New Zealand Coal & Carbon
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- London Commodity Brokers - England
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- GMR Energy Limited - India
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- Australian Coal Association
- Interocean Group of Companies - India
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Aditya Birla Group - India
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Marubeni Corporation - India
- Parry Sugars Refinery, India
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Singapore Mercantile Exchange
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
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