COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...


Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...


Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...


Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...


Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...


   5 6 7 8 9   
Showing 31 to 35 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Riau Bara Harum - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Idemitsu - Japan
  • Humpuss - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • ANZ Bank - Australia
  • Intertek Mineral Services - Indonesia
  • Attock Cement Pakistan Limited
  • Indonesian Coal Mining Association
  • Japan Coal Energy Center
  • Eastern Energy - Thailand
  • Thailand Anthracite
  • GB Group - China
  • Borneo Indobara - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Indo Tambangraya Megah - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Thiess Contractors Indonesia
  • Global Coal Blending Company Limited - Australia
  • Indika Energy - Indonesia
  • Xstrata Coal
  • MEC Coal - Indonesia
  • Cemex - Philippines
  • ICICI Bank Limited - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Port Waratah Coal Services - Australia
  • New Zealand Coal & Carbon
  • GN Power Mariveles Coal Plant, Philippines
  • Indogreen Group - Indonesia
  • Economic Council, Georgia
  • Permata Bank - Indonesia
  • Geoservices-GeoAssay Lab
  • SGS (Thailand) Limited
  • Argus Media - Singapore
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Cement Manufacturers Association - India
  • Indonesia Power. PT
  • Tata Power - India
  • Bayan Resources Tbk. - Indonesia
  • Antam Resourcindo - Indonesia
  • India Bulls Power Limited - India
  • Merrill Lynch Bank
  • IOL Indonesia
  • GHCL Limited - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Iligan Light & Power Inc, Philippines
  • WorleyParsons
  • Rio Tinto Coal - Australia
  • The India Cements Ltd
  • London Commodity Brokers - England
  • UBS Singapore
  • Bhushan Steel Limited - India
  • Shree Cement - India
  • Minerals Council of Australia
  • KPCL - India
  • Semirara Mining Corp, Philippines
  • Clarksons - UK
  • Miang Besar Coal Terminal - Indonesia
  • Cardiff University - UK
  • Global Green Power PLC Corporation, Philippines
  • Britmindo - Indonesia
  • CIMB Investment Bank - Malaysia
  • Therma Luzon, Inc, Philippines
  • Moodys - Singapore
  • Jaiprakash Power Ventures ltd
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Bangkok Bank PCL
  • HSBC - Hong Kong
  • Petrosea - Indonesia
  • EMO - The Netherlands
  • UOB Asia (HK) Ltd
  • Pendopo Energi Batubara - Indonesia
  • CNBM International Corporation - China
  • Central Java Power - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Samsung - South Korea
  • Kaltim Prima Coal - Indonesia
  • TNPL - India
  • Planning Commission, India
  • JPMorgan - India
  • Glencore India Pvt. Ltd
  • Thriveni
  • JPower - Japan
  • Mitsubishi Corporation
  • RBS Sempra - UK
  • Cigading International Bulk Terminal - Indonesia
  • Petron Corporation, Philippines
  • Power Finance Corporation Ltd., India
  • Larsen & Toubro Limited - India
  • McKinsey & Co - India
  • Bhatia International Limited - India
  • Directorate Of Revenue Intelligence - India
  • LBH Netherlands Bv - Netherlands
  • Binh Thuan Hamico - Vietnam
  • Jatenergy - Australia
  • ETA - Dubai
  • Peabody Energy - USA
  • Fearnleys - India
  • Platts
  • Bank of China, Malaysia
  • SRK Consulting
  • Qatrana Cement - Jordan
  • Agrawal Coal Company - India
  • Renaissance Capital - South Africa
  • GNFC Limited - India
  • Cosco
  • Merrill Lynch Commodities Europe
  • TRAFIGURA, South Korea
  • ASAPP Information Group - India
  • EIA - United States
  • Videocon Industries ltd - India
  • Goldman Sachs - Singapore
  • Lanco Infratech Ltd - India
  • ACC Limited - India
  • OPG Power Generation Pvt Ltd - India
  • VISA Power Limited - India
  • Posco Energy - South Korea
  • Sindya Power Generating Company Private Ltd
  • Australian Coal Association
  • Medco Energi Mining Internasional
  • Cargill India Pvt Ltd
  • South Luzon Thermal Energy Corporation
  • Ind-Barath Power Infra Limited - India
  • Kobe Steel Ltd - Japan
  • Cebu Energy, Philippines
  • Formosa Plastics Group - Taiwan
  • Electricity Authority, New Zealand
  • Malco - India
  • PowerSource Philippines DevCo
  • Straits Asia Resources Limited - Singapore
  • Energy Development Corp, Philippines
  • Mitra SK Pvt Ltd - India
  • Bhoruka Overseas - Indonesia
  • Ministry of Mines - Canada
  • Price Waterhouse Coopers - Russia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • GVK Power & Infra Limited - India
  • Central Electricity Authority - India
  • Georgia Ports Authority, United States
  • Commonwealth Bank - Australia
  • Oldendorff Carriers - Singapore
  • AsiaOL BioFuels Corp., Philippines
  • Bukit Asam (Persero) Tbk - Indonesia
  • ING Bank NV - Singapore
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Adani Power Ltd - India
  • IBC Asia (S) Pte Ltd
  • Adaro Indonesia
  • Vedanta Resources Plc - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Ernst & Young Pvt. Ltd.
  • Banpu Public Company Limited - Thailand
  • Siam City Cement - Thailand
  • Rashtriya Ispat Nigam Limited - India
  • Timah Investasi Mineral - Indoneisa
  • Kohat Cement Company Ltd. - Pakistan
  • Deutsche Bank - India
  • Inspectorate - India
  • Deloitte Consulting - India
  • Kepco SPC Power Corporation, Philippines
  • U S Energy Resources
  • Globalindo Alam Lestari - Indonesia
  • Orica Australia Pty. Ltd.
  • Gujarat Sidhee Cement - India
  • Orica Mining Services - Indonesia
  • Coeclerici Indonesia
  • Chamber of Mines of South Africa
  • J M Baxi & Co - India
  • Lafarge - France
  • Makarim & Taira - Indonesia
  • Indian School of Mines
  • Kalimantan Lumbung Energi - Indonesia
  • Thai Mozambique Logistica
  • Bulk Trading Sa - Switzerland
  • World Coal - UK
  • BNP Paribas - Singapore
  • Petrochimia International Co. Ltd.- Taiwan
  • Runge Indonesia
  • IMC Shipping - Singapore
  • SMC Global Power, Philippines
  • APGENCO India
  • Reliance Power - India
  • MS Steel International - UAE
  • Edison Trading Spa - Italy
  • Savvy Resources Ltd - HongKong
  • TANGEDCO India
  • Kobexindo Tractors - Indoneisa
  • Sakthi Sugars Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • Platou - Singapore
  • bp singapore
  • Coal India Limited
  • globalCOAL - UK
  • Mitsui
  • Parliament of New Zealand
  • Wood Mackenzie - Singapore
  • Xindia Steels Limited - India
  • The University of Queensland
  • Arutmin Indonesia
  • Tanito Harum - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • CoalTek, United States
  • OCBC - Singapore
  • Russian Coal LLC
  • Carbofer General Trading SA - India
  • Indian Energy Exchange, India
  • TGV SRAAC LIMITED, India
  • Mechel - Russia
  • Mercator Lines Limited - India
  • Rudhra Energy - India
  • Interocean Group of Companies - India
  • PetroVietnam Power Coal Import and Supply Company
  • Coal Orbis AG
  • Marubeni Corporation - India
  • Ambuja Cements Ltd - India
  • Energy Link Ltd, New Zealand
  • Maharashtra Electricity Regulatory Commission - India
  • Pinang Coal Indonesia
  • Core Mineral Indonesia
  • CCIC - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Vale Mozambique
  • Mintek Dendrill Indonesia
  • Aboitiz Power Corporation - Philippines
  • Sucofindo - Indonesia
  • Uttam Galva Steels Limited - India
  • World Bank
  • Baramulti Group, Indonesia
  • Sree Jayajothi Cements Limited - India
  • Bank of America
  • Freeport Indonesia
  • Kumho Petrochemical, South Korea
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • KPMG - USA
  • Bangladesh Power Developement Board
  • Essar Steel Hazira Ltd - India
  • McConnell Dowell - Australia
  • PNOC Exploration Corporation - Philippines
  • Coal and Oil Company - UAE
  • Asia Cement - Taiwan
  • Panama Canal Authority
  • Independent Power Producers Association of India
  • Surastha Cement
  • Inco-Indonesia
  • International Coal Ventures Pvt Ltd - India
  • PetroVietnam
  • Krishnapatnam Port Company Ltd. - India
  • Coalindo Energy - Indonesia
  • Simpson Spence & Young - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Vijayanagar Sugar Pvt Ltd - India
  • Madhucon Powers Ltd - India
  • Jorong Barutama Greston.PT - Indonesia
  • Tata Chemicals Ltd - India
  • Barclays Capital - USA
  • Kapuas Tunggal Persada - Indonesia
  • Vizag Seaport Private Limited - India
  • Arch Coal - USA
  • KOWEPO - South Korea
  • Grasim Industreis Ltd - India
  • BRS Brokers - Singapore
  • Neyveli Lignite Corporation Ltd, - India
  • PLN - Indonesia
  • Maruti Cements - India
  • The Treasury - Australian Government
  • Metalloyd Limited - United Kingdom
  • Jindal Steel & Power Ltd - India
  • Bukit Makmur.PT - Indonesia
  • Electricity Generating Authority of Thailand
  • Toyota Tsusho Corporation, Japan
  • Asmin Koalindo Tuhup - Indonesia
  • Sojitz Corporation - Japan
  • Global Business Power Corporation, Philippines
  • PTC India Limited - India
  • Tamil Nadu electricity Board
  • GMR Energy Limited - India
  • Salva Resources Pvt Ltd - India
  • Dalmia Cement Bharat India
  • SASOL - South Africa
  • KEPCO - South Korea
  • Star Paper Mills Limited - India
  • Indorama - Singapore
  • Gupta Coal India Ltd
  • Infraline Energy - India
  • Gresik Semen - Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Ministry of Transport, Egypt
  • Total Coal South Africa
  • Credit Suisse - India
  • Standard Chartered Bank - UAE
  • NTPC Limited - India
  • Karaikal Port Pvt Ltd - India
  • Maheswari Brothers Coal Limited - India
  • Noble Europe Ltd - UK
  • Anglo American - United Kingdom
  • Heidelberg Cement - Germany
  • Sical Logistics Limited - India
  • Ministry of Finance - Indonesia
  • Coaltrans Conferences
  • Mercuria Energy - Indonesia
  • Romanian Commodities Exchange
  • Mjunction Services Limited - India
  • Enel Italy
  • Altura Mining Limited, Indonesia
  • Indian Oil Corporation Limited
  • Maybank - Singapore
  • Maersk Broker
  • TeaM Sual Corporation - Philippines
  • White Energy Company Limited
  • Asian Development Bank
  • Aditya Birla Group - India
  • Berau Coal - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Ceylon Electricity Board - Sri Lanka
  • Sinarmas Energy and Mining - Indonesia
  • SUEK AG - Indonesia
  • Thomson Reuters GRC
  • NALCO India
  • Meenaskhi Energy Private Limited - India
  • Sarangani Energy Corporation, Philippines
  • Eastern Coal Council - USA
  • IHS Mccloskey Coal Group - USA
  • Barasentosa Lestari - Indonesia
  • Samtan Co., Ltd - South Korea
  • Karbindo Abesyapradhi - Indoneisa
  • Meralco Power Generation, Philippines
  • Australian Commodity Traders Exchange
  • Trasteel International SA, Italy
  • Wilmar Investment Holdings
  • Vitol - Bahrain
  • Thermax Limited - India
  • The State Trading Corporation of India Ltd
  • Semirara Mining and Power Corporation, Philippines
  • San Jose City I Power Corp, Philippines
  • Kideco Jaya Agung - Indonesia
  • Shenhua Group - China
  • Parry Sugars Refinery, India
  • CESC Limited - India
  • DBS Bank - Singapore
  • Ince & co LLP
  • Bukit Baiduri Energy - Indonesia
  • SMG Consultants - Indonesia
  • Latin American Coal - Colombia
  • IEA Clean Coal Centre - UK
  • Malabar Cements Ltd - India
  • Manunggal Multi Energi - Indonesia
  • Siam City Cement PLC, Thailand
  • Bharathi Cement Corporation - India
  • PLN Batubara - Indonesia
  • Singapore Mercantile Exchange
  • Africa Commodities Group - South Africa
  • GAC Shipping (India) Pvt Ltd
  • Coastal Gujarat Power Limited - India
  • Billiton Holdings Pty Ltd - Australia