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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, 22 September 21
MARKET INSIGHT - INTERMODAL
The unfolding last week of a trilateral defence pact between the United States, Australia, the United Kingdom (AUKUS) envisages a wide range of col ...
Tuesday, 21 September 21
CHINESE COAL IMPORTS FROM AUSTRALIA DROP 98.6% AS RESTRICTIONS BITE - BIMCO
In the first seven months of the year Chinese coal imports from Australia have totalled just 780,000 tonnes as Chinese restrictions on Australian c ...
Tuesday, 21 September 21
CHINA'S COAL OUTPUT RESUMES GROWTH IN AUGUST - XINHUA
China’s raw coal output rose 0.8 percent year on year to 340 million tonnes last month, official data showed.
The growth rate ...
Wednesday, 15 September 21
MARKET INSIGHT - INTERMODAL
Following the oil price sell off during most of August, partly triggered by oil demand fears amid the delta COVID variant, oil prices have resumed ...
Saturday, 11 September 21
CIL STEPS UP SUPPLY COAL TO POWER SECTOR; PER-DAY AVERAGE 20 PC HIGHER THAN LAST YEAR - PTI
State-owned CIL on Friday said it has stepped up the supply of coal to the power sector in the first eight days of the current month, with an avera ...
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- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Global Coal Blending Company Limited - Australia
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Planning Commission, India
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- PTC India Limited - India
- The University of Queensland
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- GMR Energy Limited - India
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Maharashtra Electricity Regulatory Commission - India
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
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