We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 06 August 22
SUMITOMO Q1 PROFIT RISES 45% ON STRONGER PRICES OF COAL, NICKEL - REUTERS
Japanese trading house Sumitomo Corp 8053.T said on Wednesday its net profit for the April-June quarter rose 45% to a record thanks to higher prices of commodities such as coal and nickel as well as strong demand for steel products in North America.
Net profit for the three months climbed to a record 155.2 billion yen ($1.2 billion) from 107.3 billion yen a year earlier, but the company stuck to its annual profit forecast of 370 billion yen.
“Earnings from both resource and non-resource businesses have been stronger than anticipated earlier,” Sumitomo Chief Financial Officer Reiji Morooka told a news conference, adding that it may raise its profit guidance.
“On the other hand, the risk of a global economic slowdown and other uncertainties are increasing, and we will closely examine full-year forecasts going forward,” he said.
Sumitomo expects nickel production at its Ambatovy project in Madagascar to achieve its initial target of about 40,000 tonnes this financial year to March 31, after producing about 8,000 tonnes in the first quarter.
Increased oil and gas drilling activities in North America have also supported its steel pipe business in the April-June quarter and the company sees robust demand in pipes continuing through next March, Morooka said.
Asked whether Sumitomo expects any change in its business strategy in China amid rising tensions between China and Taiwan as well as China and the United States following U.S. House Speaker Nancy Pelosi’s visit to Taiwan, Morooka said no change is planned.
“It has become a major issue for us to think of how to deal with the heightened geopolitical risks triggered by not only the U.S.-China issue but also the Russia-Ukraine conflict,” Morooka said.
“We will pay close attention to the (U.S.-China) situation with high interest,” he said.
Source: Reuters
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 20 September 22
CHINA COAL OUTPUT UP 8.1 PCT IN AUGUST - XINHUA
China’s raw coal output posted stable expansion in August, official data showed.
The country produced 370 million tonnes of ra ...
Monday, 19 September 22
BUMA AUSTRALIA AWARDED A$400 MILLION CONTRACT EXTENSION BY BMA FOR GOONYELLA PROJECT
Press Release – PT Delta Dunia Makmur Tbk. (the "Company") announced that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA ...
Saturday, 17 September 22
CHINA WARNS COAL COMPANIES AGAINST DUAL CONTRACTS, KEEP PRICES STABLE - REUTERS
China’s state economic planner warned coal companies operating at ports in the Bohai Bay region to comply with their long-term contracts to k ...
Saturday, 17 September 22
IS A GLOBAL RECESSION IMMINENT? - WORLD BANK
Since the beginning of the year, a rapid deterioration of growth prospects coupled with rising inflation and tightening financing conditions, has i ...
Saturday, 17 September 22
FITCH RATINGS REVISES GLOBAL METALS & MINING PRICE ASSUMPTIONS
Fitch Ratings has revised its metals and mining price assumptions reflecting evolving economic growth expectations and demand and supply dynamics.
...
|
|
|
Showing 231 to 235 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Economic Council, Georgia
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Thai Mozambique Logistica
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Timah Investasi Mineral - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Grasim Industreis Ltd - India
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- ASAPP Information Group - India
- CNBM International Corporation - China
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Deloitte Consulting - India
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Posco Energy - South Korea
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Globalindo Alam Lestari - Indonesia
- VISA Power Limited - India
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
|
| |
| |
|