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Tuesday, 13 December 22
YANCOAL AUSTRALIA TO PREPAY $459 MLN DEBT AS RECORD COAL PRICES BOOST CASHFLOWS - REUTERS
Coal miner Yancoal Australia Ltd. said on Friday it intended to prepay $459 million of its debt on or around Dec. 16, as elevated coal prices were supporting strong cash inflows.
Global coal prices have been touching near record highs, following fears of a supply crunch due to Western sanctions on Russia, the world’s third-largest exporter of coal, due to the Ukraine crisis.
The planned prepayment is part of the miner’s repayment towards its syndicated facility and its related-party loans, Yancoal said in a statement, leaving the miner with a $333 million syndicated term loan as its only remaining payable debt.
Of this, $301 million is due in the second half of 2024 and $32 million is due in the second half of 2026.
“Yancoal’s scale of production provides substantial cash inflows during periods of elevated coal prices, and the decision to undertake yet another debt prepayment was made possible by the recent coal price,” Yancoal Chief Executive Officer David Moult said.
Combined with debt prepayments in October 2021, July 2022 and October 2022, the planned $459 million debt prepayment will result in the miner having prepaid over $2.75 billion of debt in the last 15 months, the company said.
Source: Reuters
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Friday, 02 August 24
COAL MARKET DEVELOPMENTS: FALLING PRICES AMID RECORD-HIGH OUTPUT - WORLD BANK
Coal prices inched up in May (m/m) following an 8 percent decline in 2024Q1. The Australian and South African benchmarks have plummeted more ...
Friday, 26 July 24
FUELEU MARITME IS COMING. IS YOUR CHARTERPARTY READY? - GARD
With less than six months to implementation of FuelEU Maritime in EU and EEA trades, there has been little published advice regarding how to alloca ...
Thursday, 04 July 24
INDIA'S COAL PRODUCTION RISES 14% IN JUNE - PTI
The country’s coal production rose by 14.49% to 84.63 million tonne (MT) in June. The country’s coal output was 73.92 MT in June last f ...
Tuesday, 02 July 24
NTPC CAPTIVE COAL OUTPUT GROWS 15% IN Q1; DESPATCH RISES 17%
State-owned NTPC on Monday reported a 15 per cent year-on-year increase in the production of coal from captives mines to 9.862 metric million tonne ...
Friday, 28 June 24
KOSPO INVITED BIDS FOR 400,000 MT OF MINIMUM 4000 NCV COAL FOR FIVE YEARS
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for total 400,000 MT of Low Calorific Value Coal for 5 years starting from July 2024 until ...
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- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- Videocon Industries ltd - India
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Posco Energy - South Korea
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- White Energy Company Limited
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Dalmia Cement Bharat India
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Goldman Sachs - Singapore
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- Parry Sugars Refinery, India
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- PTC India Limited - India
- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- VISA Power Limited - India
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Rio Tinto Coal - Australia
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Bhoruka Overseas - Indonesia
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