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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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Monday, 24 June 24
PHILIPPINES COAL SUPPLY ENOUGH UNTIL 2030 - PHILSTAR GLOBAL
The country’s existing coal-fired power plants are sufficient to ensure enough base load capacity in the next six years, Energy Secretary Rap ...
Friday, 14 June 24
NEXTDECADE, SAUDI ARAMCO SIGN 20-YEAR LNG SUPPLY DEAL - REUTERS
U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco 2222.SE to supply 1.2 million tonnes per ...
Friday, 14 June 24
NEWBUILDING PRICES CLIMB 3% TO HIGHEST LEVEL IN 16 YEARS - NIELS RASMUSSEN
“Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2 ...
Friday, 14 June 24
INDIA TARGETS HIGHER DOMESTIC COAL PRODUCTION, REDUCED IMPORTS: GOVT - REUTERS
India wants to reduce coal imports and increase domestic production, federal coal minister G. Kishan Reddy said on Thursday.
The cou ...
Thursday, 13 June 24
US LNG TO ASIA FOR POWER GENERATION EXPECTED TO CUT EMISSIONS VERSUS COAL - RYSTAD ENERGY
The value-chain emissions of liquified natural gas (LNG) are lower on average than for coal-fired power generation, even when the fuel is shipp ...
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- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Standard Chartered Bank - UAE
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- White Energy Company Limited
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Lanco Infratech Ltd - India
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- McConnell Dowell - Australia
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Economic Council, Georgia
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Barasentosa Lestari - Indonesia
- Ministry of Transport, Egypt
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
- Grasim Industreis Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
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